I have written several pieces such as Retraining the Workforce: A National Priority that discussed the likely obsolescence of a number of job categories due to the implementation of artificial intelligence, robotics, and a number of other technologies. Siegel and Sexauer recently produced...
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- Tag: employment
A key element in our recent economic discussions has been the mechanism by which the FED’s interest rate increases are expected to slow the economy, and ultimately, inflation. This process is best described by the acronym HOPE. The first sector of the economy...
In the 1950’s, 97% of men in the prime employment age group of 25 to 54 were either working or actively looking for work. That figure began to decline in the early 1960’s and has now fallen to 88%. Given that there are...
All of us are aware of the phenomenon known as The Great Resignation in which a record number of people are leaving their jobs, in many cases without having secured another position. As depicted in the following graph, the percentage of the workforce...