Tag: manufactur

Forget Robots—People Skills Are the Future of American Jobs

Forget Robots—People Skills Are the Future of American Jobs

You might call it pink-collar work. Experts call it the future of the labor market.

Automation may be gutting American manufacturing jobs, but there’s one thing the robots still can’t beat us at: people skills.

It just so happens that the future of American labor will require a lot of them.The occupations projected to add the most jobs in the next 10 years, according to the Bureau of Labor Statistics , all require people skills—like home health aides, registered nurses, and retail and service workers.Yet the jobs the president-elect has focused on reviving—mostly in manufacturing, dominated by men—are the ones most […]

PRESENTING: Yahoo Finance’s chart of the year

PRESENTING: Yahoo Finance's chart of the year

The biggest story in the world this year — markets, economics, politics, anything — was the US presidential election win by Donald Trump .

And no single chart told the story of Trump’s election better than the following, which revealed the inconvenient truth about US manufacturing employment and US manufacturing output.

What we see in this chart is the red line showing US manufacturing employment levels about 10% below where they were a decade ago. The blue line shows manufacturing output, which in contrast has fully recovered from the recession and then some.In short, we find that US manufacturing workers are […]

Robo-retail: Amazon’s checkout-free move sounds warning on jobs

Robo-retail: Amazon's checkout-free move sounds warning on jobs

Amazon Go stores will let customers grab groceries and just walkout with the total bill charged to their Amazon account.

In a prescient indicator of the future of retail, Amazon this week opened its first Amazon Go store in its home town of Seattle, an 167-square-metre grocery store that requires no checkout lines – not even self-checkout.

Instead, customers can just grab whatever items they want and leave the store – the order gets logged through instore sensors and charged to your Amazon account via a special app.The ambitious foray into physical retailing is just the beginning of Amazon’s plans to […]

Jobs For All

Jobs For All

Line for unemployment benefits in San Francisco, CA in 1938. Dorothea Lange / Library of Congress The new issue of Jacobin is out now. To mark its release, we’re offering discounted introductory subscriptions . ull Employment . . . has become an aim of Conservative policy and the strongest argument against socialist critics.” That’s famed economist Joan Robinson, in 1962 trolling to her left and her right. British unemployment had been below 2 percent for most of the period since the war, without runaway inflation. Keynes had solved the problem of unemployment, converted the Conservatives, and stolen the communists’ […]

Mark Carney: ‘Every technological revolution mercilessly destroys jobs well before the new ones emerge’

Mark Carney: 'Every technological revolution mercilessly destroys jobs well before the new ones emerge'

A protester dressed as a robot takes part in a march by Belgian public sector workers in central Brussels, Belgium, May 31, 2016. LONDON — Bank of England Governor Mark Carney thinks the jobs market is experiencing "great disruption" due to technology and believes governments, and corporations have a duty to help people manage the change.

In a wide-ranging speech on the economy in Liverpool on Monday , the governor said the world is "in the midst of a technological revolution that is once again changing the nature of work." He highlighted a past speech from the Bank of […]

AI, Automation, Lack Of Jobs =Basic Income

Mtwildman
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Loc: S.C. Missouri http://www.businessinsider.com/bernstein…nations-2016-12 BERNSTEIN: China’s insane spending on robotics is fundamentally changing capitalismWorkers exchange spools of thread as a robot picks up thread made from recycled plastic bottles at the Repreve Bottle Processing Center, part of the Unifi textile company in Yadkinville, N.C., Friday, Oct. 21, 2016. America has lost more than 7 million factory jobs since manufacturing employment peaked in 1979. Yet American factory production, minus raw materials and some other costs, more than doubled over the same span to $1.91 trillion last year, according to the Commerce Department, which uses 2009 […]

Amazon rolls out a store with no checkout lines

Amazon rolls out a store with no checkout lines

Death Toll in California Warehouse Fire Rises to 30 – vouxmagazine.com The future of grocery shopping has already started to arrive with some supermarkets rolling out home delivery services. Now, Amazon has unveiled a new kind of food store where there are no checkout lines. Instead you check in on a smartphone. The internet of things network tracks the items you take off and put back on the shelves. Then, when you leave the store with your cloth bag full of items, the software automatically bills you to your # Amazon account.

As Hot Air suggests, this technology presents quite […]

Supply Chain News: Distribution Center Jobs Still Growing, but Automation and Robots having Increasing Impact

Supply Chain News: Distribution Center Jobs Still Growing, but Automation and Robots having Increasing Impact

All told, warehouse and distribution employment remains a bright spot on the US jobs front. For example, warehousing operators added 3,100 jobs from October to November, and have boosted payrolls by 47,400 jobs over the past 12 months, according to statistics from the US Dept. of Labor. All told there are about 880,000 warehouse workers in the US, with 103,00 of them in California.
While Amazon still has tens of thousands of DC workers doing very manual and repetitive labor, depending on the specifics of each facility, its hiring profile is also starting to change. But those numbers, which […]

Best job for your child? Leave them to figure out the future

Best job for your child? Leave them to figure out the future

Parents should look beyond their own life choices when thinking about their offspring

“I am not convinced everyone can or should be a coder. As Martin Ford, author of The Rise of the Robots, pointed out, routine software development is being automated everywhere.” I once met a consultant whose job was to find places for affluent children in the best nurseries and schools. One client on her list had mapped out his son’s life with precision. The boy would attend Cambridge university before embarking on a career in investment banking at Deutsche Bank . The child was six […]

What Donald Trump Can Learn From China and Robots When It Comes to Jobs

What Donald Trump Can Learn From China and Robots When It Comes to Jobs

President-elect Donald Trump. President-elect Donald Trump may be taking on China’s apparent mercantilism via his Twitter account , but both the U.S. and China are embroiled in a dangerous experiment that could crimp their prospects for employment: investment in automation.

Over the past 70 years, China has had the advantage when it came to manufacturing. The cost of labor, in relative terms, was low while policy makers further boosted the competitiveness of the country’s export structure through the specialization of production, in a nod to Adam Smith’s capitalist treatise "The Wealth of Nations".

But manufacturing jobs in China are massively under […]