Tag: Workforce

Over six million prime-age men are neither working nor looking for work; America’s low unemployment rate hides the fact that many men have dropped out of the workforce altogether. Our workforce participation rate is on par with that seen during the Great Depression.

Why does this problem affect men so acutely? Why is it so specific to America? What are these missing men doing with their time? How do we differentiate between leisure and idleness? Demographer and economist Nicholas Eberstadt of the American Enterprise Institute discusses these trends and what they mean for America’s future.

Every immigrant experiences some kind of shock when they move to the United States, no matter their skin color, language or country of origin. And yet despite this, they learn to adapt to new laws, a new culture, a new education system, and eventually flourish. It takes a special kind of person to do that.  On this week’s episode of JobMakers, host Denzil Mohammed talks to Larry O’Toole, founder of the multi-state Gentle Giant Moving Company that started in 1980 right here in the Boston area. They discuss Mr. O’Toole’s journey at a young age from Ireland to Brookline, Mass., the challenges of being uprooted, and the ability to thrive despite barriers such as skills gaps, that many immigrants face. That is why he’s part of a group that advocates for state and federal policies that foster complete economic integration of foreign-born talent and sustained prosperity for everyone, as we’ll hear more about in this week’s JobMakers.


Ill-Served by Stupefying Phones?


Are we all ill-served by “smartphones” that actually stupify? Beyond the concerns about mental health (depression and anxiety, addiction) driven by social media engineered to drive constant desire for interaction, beyond worries about muscular-skeletal concerns from people hunching down into their hand-held digital devices, beyond even negative cognitive performance results, there appears to be a loss of social skills important to every brick-and-mortar business, including restaurants.

This last concern arises from observing servers and bartenders, usually at least partially compensated by tips, ignoring customers, money-making opportunities, lost in keeping up with their Instagram, Snapchat, Facebook, or Twitter account. So, teens and young adults are being harmed in their job and career development, aside from all the other claimed negative effects of smartphones on teens. To the extent that Americans are putting such devices into children’s hands at a younger age than parents in other countries, they may be building in lifelong disadvantages, while being sold the line that they are actually helping their child get ahead.

How would we expect a young person to pay attention in a workplace, when they have been allowed almost unlimited screen time for years? Should we be surprised that people will not make eye contact? Consider this current commercial for the latest Samsung Galaxy:

Saving Snowflakes May Save the Country


I know: some of you are rolling your eyes at the OP title, but believe it or not, it’s our patriotic duty to do what we can to transform the snowflakes into Samsons. Given our current economic situation, we have no choice.

Taking a national view, we are enjoying not only the lowest unemployment rate since December 1969, but we are short of workers : the number of job openings in March 2019 rose to 7.5 million (an increase of 346,000). Many seniors are retiring and returning to work , but those numbers are increasing slowly.

So now what? We could talk about immigration, but none of us wants to go there. I guess we’ve run out of resources unless we consider our snowflakes . . . er, graduates.

In this episode of the “New Skills Marketplace” podcast, Andy Smarick (AEI) and John Bailey (AEI) sit down with Doug Lynch from ‎the USC Rossier School of Education to discuss corporate learning.

First, Doug gives an overview of the reach, function, and history of corporate education programs in the United States [3:22] Doug then talks about corporate investment in the learning development [12:43]. Next, he discusses workforce training and education in the military [18:06]. Doug subsequently identifies a disconnect between the skills institutions of higher education are equipping their students with and the skills employers desire [23:41]. Lastly, Doug suggests what policymakers could do to promote corporate job training and skills development [27:24]. Andy and John conclude with a reflection on their discussion with Doug.

Welcome to the New Skills Marketplace podcast on the AEI Podcast Channel. Hosts Andy Smarick and John Bailey will be exploring new and innovative approaches to education, human-capital development, and preparation for the workforce in a world where technology and globalization have changed the nature of work.

Each Tuesday, starting September 19, they’ll interview some of the most innovative and prominent thinkers and practitioners across the landscape of education and workforce development, including leaders in American secondary and postsecondary education, philanthropy, the nonprofit sector, the research and policy communities, and more.

In this AEI Events Podcast, the members of the AEI-Brookings Working Group on Paid Family Leave discuss their report and their perspectives on paid family and medical leave, hosted by AEI’s Aparna Mathur. This is part 2 of the event, which includes the first and second panel discussion.

The first panel discusses the current landscape and why paid leave needs reform. This panel is comprised of Heather Boushey (Washington Center for Equitable Growth) and Harry J. Holzer (Georgetown University), and is moderated by Richard V. Reeves (Brookings Institution). The second panel explores the challenges of providing paid leave and the benefits and costs of policy designs. This panel is comprised of Doug Holtz-Eakin (American Action Forum) and Betsey Stevenson (University of Michigan), and is moderated by Chrisopher J. Ruhm (University of Virginia).

In this AEI Events Podcast, the members of the AEI-Brookings Working Group on Paid Family Leave discuss their report and their perspectives on paid family and medical leave. This is part 1 of the event, which includes the presentation of the report and further reflections on the report.

First, AEI’s Aparna Mathur, joined by the Brookings Institution’s Isabel V. Sawhill, explains the reasons for paid leave and the incomplete existing patchwork of state and private policies. Further reflections are provided by Abby M. McCloskey (McCloskey Policy LLC) and Jane Waldfogel (Columbia University).

Now the Robots Are Coming After Wall Street Jobs


shutterstock_189611477_bullsSome interesting commentary about what’s behind jobs cuts in the financial industry, via the FT:

Big banks in Europe and the US announced almost 100,000 new job cuts this year, and thousands more are expected from BNP Paribas and Barclays early next year, as the wave of lay-offs that began in 2007 shows no sign of abating.

The 2015 cuts — which exclude the impact of major asset sales — amount to more than 10 per cent of the total workforce across the 11 large European and US banks that announced fresh lay-offs, according to analysis by the Financial Times. Analysts believe 2016’s misery could be more widespread than just those two banks. New regulations mean all banks must hold more equity, and that means they have to earn higher profits to keep return on equity at the levels investors demand.