The event was a vivid illustration of the ascendance of Amazon, the online retail company that, to a far greater extent than others in the tech industry, has a seemingly insatiable need for human labor to fuel its explosive growth. Like other tech giants, Amazon is recruiting thousands of people with engineering and business degrees for high-paying jobs. But the vast majority of Amazon’s hiring is for what the company calls its “fulfillment network”.
The STEM workforce is rapidly changing, said James Brown, the executive director of the STEM Education Coalition, a STEM education advocacy group. Mechanics and technicians--occupations that aren't always popularly associated with a need for computing skills--now require some programming ability, he said. And the jobs pay well.
Taiwanese electronics manufacturer Foxconn on Wednesday announced plans to build a $10 billion LCD display panel screen plant in Wisconsin, a deal President Donald Trump asserted would not have happened without his efforts. The company said it plans to invest $10 billion over four years to build a 20-million square foot plant that could eventually employ up to 13,000.
Three House Democrats on Tuesday introduced a multi-layered bill aimed at boosting the cybersecurity workforce. The "New Collar Jobs Act," released by Reps.(Calif.), (Pa.) and Ann McLane Kuster (N.H.), would establish incentivized tax breaks for employers offering cybersecurity training, increase funding for a cyber scholarship program and establish a student debt relief program for cybersecurity job takers.
The recently passed H.R.
While doctors and lawyers are the country’s highest-paid workers, these professions have extended educational requirements. Engineers and technology workers are the highest-paid professionals who typically have a bachelor’s degree. However, a recent Paysa study reveals that 36% of technology workers are underpaid - and by at least 10%.
Robotics are about to take off, with applications for the technology expanding across many different industries, said Susan Teele, the head of marketing and communications for the Pittsburgh-based Advanced Robotics for Manufacturing Institute (ARM). A push to make robots more easily customized and more flexible will especially increase their use, she added.
Retailing is dead. Sales clerks are losing their jobs by the thousands. The employment picture for young people with only a high school education is going to get even worse. And all this is happening because of Amazon and its ilk, which are driving the shift among consumers toward e-commerce. We've heard this story over and over in recent months: The echo chamber keeps repeating that the retail apocalypse is upon us.
Goldman Sachs Group Inc. economists say America’s opioid epidemic is probably sidelining people in their prime working years and contributing to the stubbornly low rate of men and women who are either employed or looking for jobs. “Use of both legal prescription pain relievers and illegal drugs is part of the story of declining prime-age participation, especially for men,” Goldman economists wrote in the study released Wednesday.
Newfoundland and Labrador is Canada's charming East Coast fishing province, and it's in big trouble. The province, which is decorated with iconic rows of brightly painted houses, had an unemployment rate of 14.4 percent as of May this year, more than double the national average. Now, a new and frankly terrifying robot that can butcher a crab in seconds is being touted as a way to reinvigorate the province's beleaguered seasonal fishing industry.