Walden: Three approaches to address hospitality labor market challenges

Walden: Three approaches to address hospitality labor market challenges

Image by Gerd Altmann from Pixabay Editor’s Note: Dr. Michael Walden is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and a regular contributor to WRAL TechWire.

RALEIGH – There are pressing challenges to North Carolina’s hospitality sector, chief among them the state of the talent market.

The sector is a multi-billion dollar industry in North Carolina, composed primarily of restaurants and hotels, and all together, the industry accounts for about one in every 11 jobs in the state.Yet the industry suffered some of the largest losses in employment following the onset of the COVID-19 […]

Addressing Labor Shortages with Automation

Addressing Labor Shortages with Automation

robotic arm holding a cup of coffee with coffee foam art U..S. employment statistics hit a new milestone last year, but not a positive one. In August 2021, almost 4.3 million workers quit their jobs, according to the U.S. Department of Labor. That’s the highest number since the department began tracking voluntary resignations. Their reasons for leaving their jobs vary—the numbers track people who quit for a different position, as well as those who quit without having another job lined up.

While the reasons for quitting vary, one thing is clear: Businesses are having a tough time getting employees to […]

You Decide: How Will the Hospitality Industry Change?

You Decide: How Will the Hospitality Industry Change?

You Decide Downtown Raleigh, east of campus. By Mike Walden

The North Carolina hospitality industry, primarily composed of restaurants and hotels, is a multibillion-dollar sector in the state. As a percent of the state economy, its share has been growing in recent decades. The industry accounts for one out of every 11 jobs in the state. On average, every $1 million of new spending in hospitality creates 15 direct jobs in the industry and another five jobs in other industries.

During the pandemic, the hospitality industry suffered some of the largest losses among all industries. Employment dropped 44% compared to 12% […]

How Technology is Both Killing and Creating Jobs

How Technology is Both Killing and Creating Jobs

Where the advent of technology and digitalization has undoubtedly opened the doors for numerous opportunities, it has also closed the doors to many. While the coming generations will find their consciousness in the digital age, they will never know the laborious struggles of the manual lifestyle the older generations before them lived through. But the best thing about that manual lifestyle was that it created jobs for many.

If we put the idea of collective well-being and equity of wealth aside for a while, the amount of dense smooth coming out of chimneys of factories defined how much the city […]

Employment And Industrial Policy

Employment And Industrial Policy

Neeta Misra leads Policy Matters; a global initiative focused on economic recovery from COVID-19, centering on the economy, people, and vulnerable communities. In this edition, she speaks with Jayan Jose Thomas, Professor of Economics at the Indian Institute of Technology (IIT) Delhi.

1652116762_6mvG5B_Jayan_Jose_Thomas.jpg Tell us a little bit about yourself?
I am a Professor of Economics at the Indian Institute of Technology Delhi , since July 2010. My research deals with various issues related to development, mainly labour, industrialization, and the macroeconomy and I am a former member of the Kerala State Planning Board.
What is the nature […]

Progressive Education, Controversy Nothing New to Richland Schools (OpEd)

Progressive Education, Controversy Nothing New to Richland Schools (OpEd)

The recall effort being mounted against 3 Richland School Board members is not that unusual if you consider some of the more ‘interesting’ events in RSD history. RSD has seen more liberal, progressive education than the rest of Tri-Cities

I am a Tri-City native, my parents moved here from Bellevue, WA in August 1966 when I was 3 years old. I went through the RSD and while I did get a solid education, the time was not without controversy. Progressive Education SPI elected.

In 1972 my dad worked as a local campaign officer for OSPI Candidate James S. Moore, […]

How Does the “Goods-To-Person” Method Improve Warehouse Efficiency?

How Does the

Source: IDTechEx

The goods-to-person is an order preparation and picking method in which products are delivered directly to the picker by means of automated systems. With the rapid growth of e-commerce and recent e-grocery, fast order preparation is becoming necessary and a core competency for many companies. Traditionally, the goods-to-person method is enabled by large and complex AS/RS systems where shuttle carts, roller conveyors, and stack cranes are used for transporting items. Recently, implementing mobile robots in warehouses for automation has been increasingly popular, and the market of logistic mobile robotics attracts millions or even billions of dollars of […]

Global Smart Factory Market to Reach $214.2 Billion by 2026

Global Smart Factory Market to Reach $214.2 Billion by 2026

ReportLinker Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies – Strong/Active/Niche/Trivial.

New York, May 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Global Smart Factory Industry" – https://www.reportlinker.com/p03846712/?utm_source=GNW
-Online interactive peer-to-peer collaborative bespoke updates
-Access to our digital archives and MarketGlass Research Platform -Complimentary updates for one year Global Smart Factory Market to Reach $214.2 Billion by 2026 `Smart Factory` or `Smart Manufacturing` or the `Factory of the Future` is a concept that envisages creation of intelligent factories, where the traditional disparate […]

Author Speaks: The $10-trillion Dream

Author Speaks: The $10-trillion Dream

Former Finance Secretary, Government of India, Subhash Chandra Garg, who recently penned the book, The $10 Trillion Dream, talks to Ashish Sinha of BW Businessworld about his book, ideas and what needs to be done. Excerpts: How can India aim to become a $10-trillion economy by 2035? Take us through your key proposals that you have mentioned in your book.
First of all, the basic structure of the economy needs to be reformed for delineating the role of the government and the private sector in the production function. The government is a poor businessman for a variety of […]

Some Neighboring States Offer Idaho Lessons in Bearing Drought

Some Neighboring States Offer Idaho Lessons in Bearing Drought

Some Neighboring States Offer Idaho Lessons in Bearing Drought A young fellow from Wendell told me a few weeks ago human adaptability will conquer climate change. He’s spot on. Humans have always adapted to conditions. If sea levels rise, build a higher seawall. It’s cheaper than a lot of other solutions being proposed by the greenies. A Generational Dry Period

We’re suffering through a terrible drought in Idaho almost a quarter-century in length and we simply don’t know if and when it’s going to end. Our conditions may not be as dire as some of our other western neighbors […]