Let’s End Degree Inflation

By 2020, 35 percent of the job openings will require at least a bachelor’s degree; 30 percent of the job openings will require some college or an associate’s degree; and 36 percent of the job openings will not require education beyond high school. That’s a big change in just one generation.

Robots Get Fired for Low Performance

There’s new hope for those workers who are preparing to be replaced by robots (or managed by robot overlords.) A January 14 article in the Wall Street Journal reports that a Japanese hotel whose workforce consisted mainly of robots, has pulled the cord (so to speak) on the experiment.

Young Workers: Set your Career on FIRE

Most of us think of retirement age as somewhere between 62 (Social Security eligibility) and 70 (mandatory retirement age for some professions, and the age when Social Security payments max out.) But a wave of young people have decide life is too short to spend 50 years of it working.

Walmart to Reinvest Tax Savings into Higher Wages and Lower Prices for Consumers

Author’s Note: Right after I scheduled this post, Wal-Mart announced the closing of 63 of its Sam’s Clubs, which was bad news and bad timing. Some of the locations will be converted to distribution centers, but thousands of workers will lose their jobs or be offered jobs at other Wal-Mart-owned sites.  (Wal-Mart has a long history … Continue reading Walmart to Reinvest Tax Savings into Higher Wages and Lower Prices for Consumers