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Few Jobs for STEM Majors

Written by Gary North on September 16, 2014

stem-school

Parents have been told to get their children into science, technology, engineering, and math — STEM. “STEM is the stepping stone to good jobs.” It turns out that most college grads who majored in STEM fields are unable to get jobs in these fields. Women engineers, yes. Industry needs token women to get the EEOC […]

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Video: When McDonald’s Takes Your Order by Robot

Written by Gary North on August 19, 2014

First, an oldie but goodie. Second, a 15-miniute video on jobs. Before you view it, keep this in mind. The economist has one question above all others: “At what price?” Do you like your job? At what price? Does your employer want you to keep working? At what price? Is your career at risk? At […]

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Teen Unemployment In Major U.S. Cities Tops 50%

Posted on June 7, 2014

teen-unemployment

Old timers often say that the young people in the U.S. today don’t have the work ethic of their predecessors. This may be true, but is this perceived weakness a symptom of a greater problem? Has the opportunity for many young people to find employment diminished, and thus made it harder for them to learn […]

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Seemingly Terrific April Jobs Report Poses Strange Puzzle

Posted on May 3, 2014

labor-report

Funky job reports are not unusual, and the employment data for April certainly fits the bill. How else to explain the biggest gain in hiring in more than two years – at the same time the labor force shrank by the second largest amount in 32 years. Let’s review. The U.S. added 288,000 jobs in […]

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Minimum Wage of $10.10? Check Out Which State Has Instituted This!

Posted on March 29, 2014

soup-line

Connecticut raised its minimum wage $10.10 an hour from the previous $ 8.70 an hour over the next three years, surpassing Washington as the highest in the country, reports Reuters. President Obama and congressional Democrats want to raise the federal minimum wage to $10.10 an hour. Connecticut Gov Dannel Malloy, a Democrat, signed the legislation […]

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Lawsuit Against McDonald’s For… What?

Posted on March 4, 2014

McDonald's

A McDonald’s patron has filed a $1.5 million lawsuit against the fast-food giant saying he suffered “undue mental anguish” after he was only given one napkin with his meal. According to TMZ, Webster Lucas ordered a Quarter Pounder Deluxe on Jan. 29 when he claims he was scammed out of extra napkins at the California […]

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China is Falling Behind The Curve in Employing Young Work Force

Posted on February 22, 2014

Chinese-Youth

Youth unemployment has created “a generation at risk” according to the International Labor Organization, with worldwide youth unemployment forecast to rise to 12.8 percent by 2018. But these headline figures do not necessarily tell the real story given the discrepancies among different parts of the world. In the developed economies, the youth unemployment rate – […]

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Union Vote in Chattanooga Doesn’t Go As Expected

Posted on February 15, 2014

Auto-Union-Vote-Chattangooga

Workers at a Volkswagen factory in Tennessee have voted against union representation, a devastating loss that derails the United Auto Workers union’s effort to organize Southern factories. The 712-626 vote released late Friday stunned many labor experts who expected a UAW win because Volkswagen tacitly endorsed the union and even allowed organizers into the Chattanooga […]

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