Category : Labor/Labor Unions/Labor Market

(Adam Singer) New Harmony, Indiana–The socialist utopia that lasted two years

There’s a lot of talk about socialism these days, despite it’s inherently flawed premise and repeated failures, resulting in millions dying, mass starvation, widespread human suffering, readers here already know the history. Unfortunately, it’s rising again due to new promotion from people who hate America, combined to create the perfect storm since we also recently stopped promoting the story of prosperity and our information ecosystems are deeply propagandized. Also, our biased education system simply ignores past examples that might challenge some of the ideals they’re so keen to promote, which I find both annoying and civilizationally suicidal. Perhaps this is cyclical, and every civilization has to re-learn forgotten mistakes (even though we have parables that try to help, but ofc they’re unhelpful if no one reads them). So all we can do is share stories which are more instructive than dry statistics.

Today we have a fun one which takes us back to the year 1825. Here, a wealthy Welsh industrialist named Robert Owen acquired a complete American town, a plot with 20,000 acres, 160-plus buildings, working mills, workshops, barns, farmland already producing food. He renamed it New Harmony, and 1,000 people showed up in year 1, most convinced they were present at the birth of a new way of running civilization. It’s also notable that Owen wasn’t some kind of crank, before ever setting foot in Indiana he’d already made his name running textile mills in New Lanark, Scotland with shorter hours, real schools, better housing, and the mills still turned a profit. For the early 1800s that’s really impressive and illustrative of his operator skills.

Although, his prior success is exactly what made him dangerous. Owen had convinced himself that people are basically a product of their environment, where you could rearrange the environment and you rearrange the person. Kill private property, kill competition, split the rewards evenly, and cooperation just… happens, naturally, without anyone having to be talked into it, which is of course idealist and ignorant of human nature. As is always the case, a very intelligent person is unable to model the behavior of others, many of whom simply operate differently.

The experiment pulled in serious people. Real optimism, real brainpower, real $ behind it. In January 1826 William Maclure floated an entire boat of scientists and educators down the Ohio River, historians still call it the “Boatload of Knowledge.” Thomas Say, the father of American entomology, was on it, so was naturalist Charles-Alexandre Lesueur along with Geologists, artists, educators, people like this. So this wasn’t some kind of backwoods commune of true believers with no credentials interested in getting high. It was, arguably, one of the highest concentrations of talent in America at that moment. If intelligence and good intentions were sufficient conditions for a new economic system to work, New Harmony had every box checked.

Unfortunately, it fell apart almost immediately.

Read it all.

Posted in * Economics, Politics, America/U.S.A., Anthropology, Ethics / Moral Theology, History, Labor/Labor Unions/Labor Market, Rural/Town Life, Theology

(NYT) Emi Nietfeld–Gen Z Fell Out of Love With Work. I Don’t Blame Them.

I admire these students’ Zen-like ability to enjoy today in spite of tomorrow. But their powerlessness saddens me. In 2024, an Emory University professor, Stephen Nowicki, observed that his college seminar students felt less control over their lives than the average prisoner felt in 1966. The belief that you shape your own destiny strongly tracks with health, income and happiness. People who feel they have agency tend to eat better, apply for more jobs and recover more easily from setbacks. It’s true that in times of uncertainty, despair is a rational response. But when young people stop believing that long-term effort will improve their lives, something larger is lost: the capacity to imagine a meaningful future….

Ms. Perez and Mx. Durhal have a lot in common. Neither cares about prestige or job titles. Both want the income and flexibility to live according to their personal values. Timothy Judge, a professor at Ohio State University and an author of the foundational ambition study, told me that compared with previous generations, his current students think harder about what they want out of life. “Now’s the time to question it — early in your career, when you’re in the formative stage,” Dr. Judge said. “I think it’s a good thing.”

There’s a lot for us still to learn from the way Gen Z approaches work. Years of research have shown that extrinsic motivators like money and fame make people miserable while intrinsic motivators like enjoyment or self-mastery fuel satisfaction. In Dr. Judge’s study, the most ambitious people died slightly younger than those with less drive. He thinks it’s because those who focused on accomplishment experienced more stress and neglected their health and relationships.

While talking to students, I found myself questioning my own choice to worship at the altar of work. I wrote much of this article on weekends, sometimes while my toddler begged for me; I have chronic pain triggered by sitting too long; I don’t know how to turn off my drive. Before talking to these students, I never really considered what “success at any cost” actually cost me.

At the same time, ambition isn’t just about personal accomplishments. It’s also about having faith in our ability to shape the future. Speaking to Mx. Durhal and other young adults for whom tomorrow seems uncertain, I see a generation that’s learning not to hope too hard. Humans are future-oriented creatures. Not being able to look ahead deprives us of what matters most. Data collected in an ongoing study on people’s well-being showed that young adults across the world score low not just on happiness but on eudaemonistic well-being, including meaning, purpose and fulfilling relationships.

As an adolescent, I took solace in the saying “Even if I knew that tomorrow the world would go to pieces, I would still plant my apple tree.” This aphorism, often attributed to Martin Luther, wasn’t about the joy of digging holes. It represented defiant optimism in the face of uncertainty. In the hardest moments of my youth, my goals gave me dignity and agency. When the present felt unbearable, my aspirations allowed me to transcend my surroundings. I think about sitting in the back seat of my rusty car, clutching an SAT book. I still bear the scars of my work ethic; I wish I’d known, like today’s youth, how to give myself more grace. But I also wish they understood how the dream itself illuminated the path a few feet ahead of me, until I stood on solid ground.

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Posted in * Culture-Watch, * Economics, Politics, Anthropology, Ethics / Moral Theology, Health & Medicine, Labor/Labor Unions/Labor Market, Pastoral Theology, Psychology, Theology, Young Adults

(Paul Kedrosky) AI, Immigration, and Collapsing Labor Force Participation

The U.S. labor force participation rate has quietly returned to levels last seen in the 1970s (outside the recent pandemic). It increasingly seems to signal a structural shift in how society works, with a shrinking share of adults participating directly in the production of goods and services. The consequences extend well beyond slower economic growth.

Some implications:

  • A growing share of U.S. society has no direct stake in labor markets.
    • As fewer adults work or seek work, a larger fraction of voters experience the economy mostly as consumers, retirees, or rentiers, not as workers.
    • That changes political incentives around wages, immigration, AI, taxation, and redistribution.
  • The economy becomes increasingly dependent on a shrinking core.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Economy, Labor/Labor Unions/Labor Market, Science & Technology

(Bloomberg) US Hiring Slows Sharply, Curbing Recent Job-Market Momentum

US hiring slowed sharply in June even as the unemployment rate fell, curbing some of the budding momentum in job growth this year.

Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months took some of the shine off recent blockbuster reports, Bureau of Labor Statistics data Thursday showed. The unemployment rate fell to 4.2% as labor force participation plunged.

The payroll figures, which were lower than all but one estimate in a Bloomberg survey, suggest the labor market still faces some challenges despite signs of strength in recent months. While consumer spending has been resilient in the face of the energy shock from the Iran war, Americans are pessimistic about high prices, which may also be keeping employers cautious about hiring.

Read it all.

Posted in * Economics, Politics, America/U.S.A., Economy, Labor/Labor Unions/Labor Market

(Gallup) Young Americans’ Job Market Pessimism Stands Out Globally

The United States has the largest gap of any country in job market perceptions between younger and older adults, with the former feeling much less positive. In 2025, 43% of Americans aged 15 to 34 said it was a good time to find a job locally, 21 percentage points lower than for Americans aged 55 and older.

It is rare for younger adults to be significantly less positive about local job conditions than the oldest age group. In only five other places — China, Serbia, the United Arab Emirates, Hong Kong and Norway — does this pattern hold, in which younger adults lag by at least 10 points.

Globally, a median of 48% of adults aged 15 to 34 said it was a good time to find a job locally in 2025, compared with 38% of adults aged 55 and older, a gap of 10 points in the other direction.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Young Adults

(Gallup) Work Enjoyment Strongly Linked to Overall Wellbeing

Workers who enjoy what they do each day rate their lives more than a full point higher on Gallup’s zero-to-10 life evaluation scale than those who don’t enjoy what they do, according to a new Gallup analysis of more than 350,000 employed adults across 149 countries from 2020 to 2025.

But the analysis also reveals that job choice and purpose play an outsized role among specific populations, including full-time employees, workers in their peak career-building years and those living in lower-income economies.

Data from the Gallup World Poll show that, of three aspects of the work experience measured globally, enjoyment of daily work has the strongest and most consistent relationship with broader wellbeing outcomes. This pattern holds across most countries, age groups and employment types — though the relative importance of purpose and choice varies by context.

Work occupies a central place in people’s lives, shaping not only economic outcomes but also how people experience and evaluate their lives overall. To better understand this connection at a global level, Gallup, in collaboration with the Wellbeing for Planet Earth (WPE) Foundation and Persol, measures three core aspects of workplace wellbeing: enjoyment, purpose and choice. These dimensions reflect how work is experienced on a daily basis, whether it is seen as improving the lives of others, and the degree of freedom people have in what they do. These dimensions are closely connected: Having greater choice in one’s work can shape both the enjoyment people experience day to day and the sense of purpose they derive from it.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Anthropology, Economy, Labor/Labor Unions/Labor Market

(Bloomberg) AI Is Being Built to Replace You—Not Help You

While headlines, industry hype and employers suggest a near-term revolution that will make workers more efficient and successful, [Daron] Acemoglu offers a more measured—and unsettling—view.

He agrees that recent advances, particularly in “agentic” AI, are moving faster than expected, but that today’s systems fall short when it comes to reliability, reasoning and real-world understanding. That means any sweeping, immediate transformation of jobs and productivity remains unlikely in the near-term. But the uncertainty about what comes next is higher than ever, and Acemoglu warns that tech giants are overwhelmingly focused on replacing workers rather than complementing them. This, Acemoglu says, risks both weaker productivity gains and serious social consequences.

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Posted in * Economics, Politics, Anthropology, Economy, History, Labor/Labor Unions/Labor Market, Science & Technology

A Reflection on Saint Joseph the Worker by Tarcisio Giuseppe Stramare for his Feast Day

ZENIT spoke with Father Tarcisio Giuseppe Stramare of the Congregation of Oblates of Saint Joseph, director of the Josephite Movement, about Tuesday’s feast of St. Joseph the Worker….

ZENIT: What does “Gospel of work” mean?

Father Stramare: “Gospel” is the Good News that refers to Jesus, the Savior of humanity. Well, despite the fact that in general we see Jesus as someone who teaches and does miracles, he was so identified with work that in his time he was regarded as “the son of the carpenter,” namely, an artisan himself. Among many possible activities, the Wisdom of God chose for Jesus manual work, entrusted the education of his Son not to the school of the learned but to a humble artisan, namely, St. Joseph.

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Posted in Church History, Labor/Labor Unions/Labor Market, Theology, Theology: Scripture

A Prayer for the Feast Day of Saint Joseph

O God, who from the family of your servant David raised up Joseph to be the guardian of your incarnate Son and the spouse of his virgin mother: Give us grace to imitate his uprightness of life and his obedience to your commands; through Jesus Christ our Lord, who lives and reigns with you and the Holy Spirit, one God, for ever and ever.

Posted in Church History, Labor/Labor Unions/Labor Market, Marriage & Family, Spirituality/Prayer, Theology: Scripture

Church of England offers online Christmas service for shift workers

An online Christmas service designed for people working shifts will be released on the Church of England website at 6 a.m. on Christmas Day.

Lasting 15 minutes, so that it can be watched in the course of a break from work, the service was created in response to a request by hospital chaplains, and includes a Gospel reading, sermon, prayers, and music.

The Bishop of London, the Rt Revd Sarah Mullally, features in the service. A former nurse, and Chief Nursing Officer for the NHS, she says that she has “fond memories” of working on Christmas Day.

“Although not always easy, it is a privilege to be with people who need us most at this time. And of course, we receive so much from them too.”

Read it all.

Posted in Blogging & the Internet, Christmas, Labor/Labor Unions/Labor Market, Liturgy, Music, Worship, Parish Ministry, Religion & Culture, Science & Technology

(WSJ) Companies Are Desperately Seeking ‘Storytellers’

Corporate America’s latest hot job is also one of the oldest in history: storyteller.

Some companies want a media relations manager by a slightly flashier name. Others need people to produce blogs, podcasts, case studies and more types of branded content to attract customers, investors and potential recruits. All seem to use the word differently than in its usual application to novelists, playwrights and raconteurs.

“As storytellers,” a Google job ad said last month, “we play an integral role in driving customer acquisition and long-term growth.”

The listing sought a customer storytelling manager to join the company’s Google Cloud storytelling team. One article the unit published this year was titled, “Lowe’s innovation: How Vertex AI helps create interactive shopping experiences.”

Microsoft’s security organization meanwhile is recruiting a senior director overseeing narrative and storytelling, described as part cybersecurity technologist, part communicator and part marketer. Compliance technology firm Vanta this month began hiring for a head of storytelling, offering a salary of up to $274,000. Productivity app Notion recently merged its communications, social media and influencer functions into one 10-person, so-called storytelling team.

Read it all.

Posted in * Culture-Watch, Anthropology, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market

(WSJ) Say Goodbye to the Billable Hour, Thanks to AI

Is the billable hour about to become a thing of the past?

It seems inevitable, at least for lawyers and other professional-services firms, because as artificial-intelligence capabilities accelerate, the fundamental logic of charging for time spent rather than value delivered is becoming increasingly untenable.

The billable hour as the fundamental unit of business for professional services is so
widespread that it’s difficult to remember that it is a fairly recent innovation, becoming prevalent in the 1960s and 1970s. Before that, many lawyers and other professionals billed for outcomes achieved or services rendered, not for time.

Many say the seed for the billable hour was planted in the early 1900s by a young lawyer named Reginald Heber Smith, who implemented a time-tracking system for lawyers during his tenure as counsel to the Boston Legal Aid Society, which provided legal services to the poor. He wanted lawyers to track how they were spending their time, not for billing purposes but to find ways to improve the efficiency of the team, which had a limited budget….

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Posted in * Culture-Watch, * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Law & Legal Issues, Science & Technology

([London] Times) AI could replace 40% of American jobs, says report

About half of American jobs could be replaced by artificial intelligence, according to a report by the McKinsey Global Institute.

The American consultancy’s analysis found that robots and AI agents could automate more than half of US work hours, both mental and cognitive, using technology that is available today, if companies redesigned how they did things.

Most of the roles at risk — about 40 per cent — involve the kinds of drafting, processing information and routine reasoning that AI agents can do. Hiring is slowing in some such jobs, such as among paralegals, administrative and office support workers and programmers, the research found.

Similarly, dangerous, physical jobs, in warehouses or operating machines, are most likely to be replaced by robots, McKinsey said.

Conversely, a third of US jobs would be difficult to replace with AI because they have uniquely human attributes, such as nursing, the analysis found. Some 70 per cent of the tasks performed by carers and other healthcare workers require the kind of physical presence, empathy, care and dexterity that machines cannot replicate.

Read it all (subscription).

Posted in Economy, Labor/Labor Unions/Labor Market, Science & Technology

(BI) Michael Dutta-The US economy’s 7 deadly signs

When describing the health of the US economy, there is a temptation among economists, market analysts, and politicians to argue that the only true picture of our current situation is a sweeping portrait — only by looking at the broadest of aggregate statistics can you determine the state of play, they argue. But the wide view can ignore important developments unfolding under the surface. Sometimes, even the healthiest-looking person might have high cholesterol.

Right now, the economy seems OK on the surface. GDP growth has been running north of 3% for the last two quarters. In the labor market, the boilerplate appears to be that conditions are gradually cooling, but nothing more, nothing less. For example, despite the slowdown in new hiring, the unemployment rate of 4.4% is still low by historical standards. But there are serious dangers lurking beneath the surface of our economy, and it is better to clearly identify them than to ignore them in favor of broad aggregate measures.

Major employers in industries like homebuilding and restaurants are looking shaky, and they offer ominous signs about the direction of the overall economy. By getting a sense of what sectors and industries are struggling, you can get a forward-looking sense of the economy’s trajectory and a clearer-eyed view of the possibility of recession.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Consumer/consumer spending, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market

(WSJ) Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite

The nation’s largest employers have a new message for office workers: help not wanted.

Amazon.com said this week that it would cut 14,000 corporate jobs, with plans to eliminate as much as 10% of its white-collar workforce eventually. United Parcel Service said Tuesday that it had reduced its management workforce by about 14,000 positions over the past 22 months, days after the retailer Target said it would cut 1,800 corporate roles.

Earlier in October, white-collar workers from companies including Rivian AutomotiveMolson CoorsBooz Allen Hamilton and General Motors received pink slips—or learned that they would come soon. Added up, tens of thousands of newly laid off white-collar workers in America are entering a stagnant job market with seemingly no place for them.

At 5:30 a.m. on Tuesday, Kelly Williamson woke up to an alarming text from her employer, Amazon’s Whole Foods Market, urging her to check her email.

“Review asap and stay home from work today,” the message said. Williamson’s role on the asset-protection team was being eliminated. The badge and laptop for the 55-year-old from Austin, Texas, were deactivated. She was given 90 days to look for another job at the company. She said her personal belongings are being mailed to her.

Read it all.

Posted in * Economics, Politics, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market, Science & Technology

(WSJ) AI Workers Are Putting In 100-Hour Workweeks to Win the New Tech Arms Race

Josh Batson no longer has time for social media.

The AI researcher’s only comparable dopamine hit these days is on Anthropic’s Slack workplace-messaging channels, where he explores chatter about colleagues’ theories and experiments on large language models and architecture.

Batson is among a group of core artificial-intelligence researchers and executives who are facing a relentless grind, racing to keep pace with a seemingly endless cycle of disruption in pursuit of systems with superhuman intelligence.

Inside Silicon Valley’s biggest AI labs, top researchers and executives are regularly working 80 to 100 hours a week. Several top researchers compared the circumstances to war.

“We’re basically trying to speedrun 20 years of scientific progress in two years,” said Batson, a research scientist at Anthropic. Extraordinary advances in AI systems are happening “every few months,” he said. “It’s the most interesting scientific question in the world right now.”

Read it all.

Posted in Corporations/Corporate Life, Labor/Labor Unions/Labor Market, Science & Technology

(FT) Sequoia COO quit over Shaun Maguire’s comments about Mamdani

Sequoia Capital’s chief operating officer resigned over comments made by partner Shaun Maguire that she regarded as Islamophobic, as political debates sow division at one of Silicon Valley’s most powerful venture capital firms.

Sumaiya Balbale — a practising Muslim who has spoken publicly about how her gender, ethnicity and faith have shaped her career — stepped down after five years at the company in August. Her decision to leave was precipitated by Maguire’s social media posts, according to three people with knowledge of the matter.

Maguire, an outspoken and high-profile investor who is close to Elon Musk, wrote on X in July that New York mayoral candidate Zohran Mamdani “comes from a culture that lies about everything. It’s literally a virtue to lie if it advances his Islamist agenda. The West will learn this lesson the hard way.”

Balbale complained to other senior partners at the firm, who declined to take action against Maguire, arguing he was just exercising his right to free speech, the people said. She left soon after, feeling her position was untenable.

Read it all (subscription).

Posted in City Government, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Language, Politics in General, Stock Market

(NYT) Amazon Plans to Replace More Than Half a Million Jobs With Robots

Over the past two decades, no company has done more to shape the American workplace than Amazon. In its ascent to become the nation’s second-largest employer, it has hired hundreds of thousands of warehouse workers, built an army of contract drivers and pioneered using technology to hire, monitor and manage employees.

Now, interviews and a cache of internal strategy documents viewed by The New York Times reveal that Amazon executives believe the company is on the cusp of its next big workplace shift: replacing more than half a million jobs with robots.

Amazon’s U.S. work force has more than tripled since 2018 to almost 1.2 million. But Amazon’s automation team expects the company can avoid hiring more than 160,000 people in the United States it would otherwise need by 2027. That would save about 30 cents on each item that Amazon picks, packs and delivers to customers.

Executives told Amazon’s board last year that they hoped robotic automation would allow the company to continue to avoid adding to its U.S. work force in the coming years, even though they expect to sell twice as many products by 2033. That would translate to more than 600,000 people whom Amazon didn’t need to hire.

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Posted in Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market, Science & Technology

(PCN) The Church of England calls for a national conversation on AI and the future of work

The Church of England has called for a national conversation on artificial intelligence (AI) and its impact on the world of work. . 

A new edition of the Crucible journal, released this month, explored how automation and algorithms reshape jobs and identity.  

It follows a motion passed by the Church’s General Synod in February 2024, which acknowledged the effects of AI and the ‘fourth industrial revolution’. 

Read it all.

Posted in Anthropology, Church of England (CoE), Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Religion & Culture, Science & Technology, Theology

(FT) Ari Emanuel bets AI will boost leisure time with three-day working week

Ari Emanuel, the Hollywood talent agent and sports tycoon, has raised almost $3bn from investors for a new events venture in a bet that artificial intelligence will shrink the working week and give people more free time. 

The world could be “down to four-day work weeks” in the coming years, he told the Financial Times. This could go “down to three with AI” as more people use the technology to expedite everyday tasks, he said. “There’s going to be more free time.” 

MARI, Emanuel’s new company, will house the Madrid and Miami tennis Opens, as well as the Frieze art fairs, which Emanuel bought out of Endeavor, the sports and entertainment group he co-founded. The company announced on Wednesday that it had also agreed to acquire Barrett-Jackson, the collector car auction company, from Endeavor.

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Posted in * Culture-Watch, Economy, Labor/Labor Unions/Labor Market, Science & Technology

(NYT) The Newest Face of Long-Term Unemployment? The College Educated.

Sean Wittmeyer would seem to be highly employable. He has more than a decade of experience in architecture and product design, impressive coding chops and two master’s degrees. His skills make him an asset in two industries, technology and construction, which helped power the economy’s growth over the last 15 years.

But construction activity has faltered since 2023, after the Federal Reserve began raising interest rates, and many tech companies began layoffs around the same time.

That helps explain why Mr. Wittmeyer, 37, has been unemployed for a year and a half, since he lost his job in business development for a company that makes software to help with real estate projects. He has been so eager to earn income that he has applied for positions befitting an intern, only to be told he was overqualified. “I can’t even work at the little board game store down the street,” he said.

When the federal government released its August employment numbers on Sept. 5, the overall unemployment rate was still relatively low, at just over 4 percent. But underneath was a concerning statistic: The portion of unemployed people who have been out of work for more than six months, which is considered “long-term,” rose to its highest share in over three years — to nearly 26 percent.

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Posted in * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Science & Technology, Young Adults

(Yesterday’s NY times front page) Joel Eisiminger–By Age 25, Fighting Cancer Instead of Wildfires

Joel Eisiminger was racing to save homes in Northern California from a fast-spreading wildfire when a crewmate noticed that one side of his face was suddenly drooping so much that his mouth hung open.

In his six years fighting fires, Joel had tumbled down burning hills, endured full-body rashes from poison oak and inhaled plumes of smoke that left him gasping for weeks. But he had never felt as bad as he did on this morning in July 2024. He didn’t want to let down his crew, so he kept working deep in the forest until a medic told him to get to a hospital. He might have had a stroke.

As the doctors ran tests, Joel grew sicker. Within days, he was too exhausted to walk. On the eve of his 25th birthday, he received a diagnosis: acute myeloid leukemia, an aggressive, often fatal blood cancer that usually strikes people more than twice his age. Joel told the doctors he was not a regular smoker and had no family history of blood cancers. But he did have one risk factor: his job.

Read it all.

Posted in Health & Medicine, Labor/Labor Unions/Labor Market, Police/Fire

(WSJ) In the US Economy, Consumer spending isn’t driving company profits as much as reducing expenses and improving efficiency. That could be a problem.

American companies are once again beating profit expectations, but this time around they aren’t banking on blockbuster consumer spending to make it happen.

Instead, the latest batch of quarterly earnings is getting a lift from managers who are squeezing out costs, boosting productivity and turning to new technologies. Companies from Monster Beverage to Estée Lauder said they are holding down hiring, often while finding new ways to get employees to work more efficiently. And they are raising prices when they can.

“The processes are human-light now,” Damon Lee, chief financial officer of C.H. Robinson Worldwide , said last month as he told investors about an initiative that includes automation upgrades. The global logistics company reported higher profit margins in the second quarter despite a nearly 8% drop in revenue, which it attributed to a prolonged freight recession. It said it had increased productivity 35% since 2022.

“The outcome of those transformations means less head count, more productivity,” he said.

More broadly, the gains enjoyed by companies and their investors aren’t softening the unease consumers and employees feel—and might be obscuring signals that ordinary Americans are putting their anxiety into action.

Read it all.

Posted in * Economics, Politics, America/U.S.A., Consumer/consumer spending, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market, Science & Technology

(Bloomberg) The Jobs Market Is Showing Signs of a ‘He-cession’

espite all the drama about the weakening jobs numbers, the US labor market is actually doing OK. There is one major exception, however: if you happen to be a young man.

While the overall unemployment rate was still a respectable 4.2% in July, for young men aged 20 to 24, it was 8.3%, which is near recession levels — and for recent college graduates, the annual rate is 5.3%. Both of these numbers are about double the comparable figures for young women. During the pandemic, the economy was so bad for working women that it inspired the term “she-cession.” Could the US now be headed for a “he-cession”?

Men have dominated the labor market for most of the modern era, and still earn more than women, but the jobs market has not been kind to men for the last few decades. Many men, even in the prime of their lives, aren’t working. And going to college is no longer an automatic way to improve your job prospects.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Men, Young Adults

(FP) Joe Nocera–The Consulting Crash Is Coming

Another reason companies hire consultants is to cover their *&^. As the old saying goes, “Nobody ever got fired for hiring McKinsey”; even if the project goes poorly, the CEO can blame the consultant instead of management.

But it’s becoming much more difficult for consulting firms to stick with their old tactics, and their old business model. The industry is being disrupted by two powerful forces. The first is the Trump administration’s crackdown on consulting for the federal government. According to the General Services Administration, the top 10 contractors alone were set to be paid $65 billion by the government in 2025—and the administration is adamant that that number be substantially reduced. It is voiding contracts that it does not believe are “mission critical.” And it is insisting that government consultants find significant savings—or else.

In a pointed letter to procurement officials throughout the government, acting GSA head Stephen Ehikian, complaining about the amount the government was spending on consultants, wrote: “This needs to, and must, change.”

The second factor is the arrival of artificial intelligence as a dominant force in American business. Although the big consulting firms are hoping to make money providing AI services to clients, the clients have figured out that AI can often provide an analysis in 10 minutes that used to take a team of junior consultants weeks or months to do. “It used to take two weeks to do a SWOT analysis with all the people engaged in doing research,” said Soren Kaplan, an innovation expert who has predicted for years that AI would upend the consulting business. (“SWOT” stands for strengths, weaknesses, opportunities, and threats.) “Now it takes two minutes with AI. It is going to change the economics in a huge way, making everything cheaper and faster. And this is going to come into play in consulting in a huge way.” Ten minutes of work versus two weeks means a lot less money for the consultants.

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Posted in * Culture-Watch, * Economics, Politics, Corporations/Corporate Life, Economy, History, Labor/Labor Unions/Labor Market, Science & Technology

(Economist) The big problem of America’s broken construction industry

America’s broken construction industry is a big problem for Trump–The Empire State Building, finished in 1931, was erected in just 410 days. That same year construction began on the Hoover Dam. It was meant to take seven years, but was built in five. Such feats now seem hard to imagine. Last year half of America’s construction firms reported that commercial projects they were working on had been delayed or abandoned.

In 2008 Californian voters approved a high-speed-rail line connecting Los Angeles to San Francisco, to be finished by 2020. It will be at least a decade late. America’s inability to build is a problem for Donald Trump. Although he has again delayed levying “reciprocal” tariffs until August 1st, the president’s commitment to reviving American manufacturing through protectionism is as strong as ever. But can the country build the factories, warehouses and bridges needed to reindustrialize, and do so quickly enough? And if the administration is to achieve its ambition to win the artificial-intelligence race, it will have to ramp up the construction of data centres and electrical infrastructure, too.

Demand for projects is certainly soaring. Turner Construction Company, America’s largest commercial builder, reported that its order backlog rose by a fifth, year on year, in the first quarter of 2025. Yet delays and cost overruns remain inevitable. Productivity has gone from bad to worse. Since 2000, output per worker in the construction industry has fallen by 8%, even as it has risen by 54% for the private sector as a whole. The trouble is not limited to commercial projects. America’s housebuilding companies constructed the same number of dwellings per employee as they did nine decades ago, contributing to widespread shortages and soaring prices. Behind this dismal state of affairs is a combination of fragmentation, overregulation and underinvestment

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Posted in * Economics, Politics, America/U.S.A., Economy, Housing/Real Estate Market, Labor/Labor Unions/Labor Market

(NYT) Which Workers Will A.I. Hurt Most: The Young or the Experienced?

Some experts argue that A.I. is most likely to affect novice workers, whose tasks are generally simplest and therefore easiest to automate. Dario Amodei, the chief executive of the A.I. company Anthropic, recently told Axios that the technology could cannibalize half of all entry-level white-collar roles within five years. An uptick in the unemployment rate for recent college graduates has aggravated this concern, even if it doesn’t prove that A.I. is the cause of their job-market struggles.

But other captains of the A.I. industry have taken the opposite view, arguing that younger workers are likely to benefit from A.I. and that experienced workers will ultimately be more vulnerable. In an interview at a New York Times event in late June, Brad Lightcap, the chief operating officer of OpenAI, suggested that the technology could pose problems for “a class of worker that I think is more tenured, is more oriented toward a routine in a certain way of doing things.”

The ultimate answer to this question will have vast implications. If entry-level jobs are most at risk, it could require a rethinking of how we educate college students, or even the value of college itself. And if older workers are most at risk, it could lead to economic and even political instability as large-scale layoffs become a persistent feature of the labor market.

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Posted in * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, Science & Technology

(Economist) Does working from home kill company culture?

But on other measures, firms that were strict on office time scored worse than more relaxed ones (see chart). Firms with five-day mandates received lower marks from employees for supportiveness (whether employees feel like their bosses care about them), quality of leadership, toxicity (the extent to which disrespectful behaviour is tolerated in the workplace), candour and work-life balance. (On the three other measures tracked by CultureX, the companies did not score meaningfully better or worse.)

The analysis has its limitations. In particular, it could also be the case that companies which care less about supporting employees or rooting out toxic behaviour are less inclined to heed workers’ pleas for more flexibility. Even so, the results are suggestive. “Companies that really score highly on agility—NVIDIA, SpaceX, Tesla—tend to strike a deal with their employees,” says Don Sull (who is also a professor at the MIT Sloan School of Management). Employees are offered generous pay, great career opportunities and other perks. “But the trade-off is the work-life balance tends to be really bad.”

More than five years after the pandemic, companies are still trying to find the right mix of in-person and remote work. As labour markets cool, shifting power from employees to employers, bosses may be tempted to demand more office time, claiming that it will help corporate culture. For firms that prize agility, this makes sense. But the data suggest it comes a cost.

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Posted in * Culture-Watch, * Economics, Politics, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market

(Gallup) AI Use at Work Has Nearly Doubled in Two Years

The use of AI at work is accelerating. In the past two years, the percentage of U.S. employees who say they have used AI in their role a few times a year or more has nearly doubled, from 21% to 40%. Frequent AI use (a few times a week or more) has also nearly doubled, from 11% to 19% since Gallup’s first measure in 2023. Daily use has doubled in the past 12 months alone, from 4% to 8%.

AI adoption has increased primarily for white-collar roles. Twenty-seven percent of white-collar employees report frequently using AI at work, an increase of 12 percentage points since 2024. The industries with the highest percentages of frequent AI users include technology (50%), professional services (34%) and finance (32%).

In comparison, reported frequent AI use by production and front-line workers has remained essentially flat for the past two years, shifting from 11% in 2023 to 9% in 2025.

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Posted in * Culture-Watch, Labor/Labor Unions/Labor Market, Science & Technology

(NYT) Why Do More Police Officers Die by Suicide Than in the Line of Duty?

Matthew Hunter woke up disoriented, his cheek against concrete. He looked around and saw a rectangular bench, a camera and a toilet. There was no window. He sat up and noticed what he was wearing: cargo shorts and a Mötley Crüe T-shirt, same as the night before. Socks but no shoes.

Hunter, who had been an officer in the Des Moines Police Department for 21 years, was on the wrong side of a cell door. He searched his memory, straining to make sense of how he got there, but found only fragments. Long stretches of the previous night had gone dark. He remembered arriving at a relative’s house in his Chevy Silverado pickup truck, walking inside with his wife for a family celebration. He recalled finishing a bottle of Jack Daniel’s. He would learn more about what happened later from body-camera footage and police reports, which said he tried to drive off in his truck, insulted officers, called them “podunk” and worse, banged his head against the side of a police van, threatened a jail guard, collapsed on the ground and wept inconsolably.

He had been in trouble long before that night. Hunter, who was 45 and recently promoted to sergeant, had been spiraling for months, ever since his best friend died by suicide. Hunter and Joe Morgan had been paired up as partners early in their careers, patrolling the mostly blue-collar neighborhoods of the city’s east side. Morgan was a couple of years older and more seasoned; he previously worked at a smaller agency and served as chief in a town of 500 before joining Des Moines, the state’s largest Police Department. The two men clicked instantly and became close. Both fanatical Minnesota Vikings fans, they found much to commiserate about during football seasons. When it snowed, they wore matching hats with furry flaps covering their ears.

On Sept. 16, 2020, Hunter was in his bedroom, changing out of his uniform, preparing to help his wife make dinner for their three children, when he received a call. “Joe Morgan just killed himself,” a sergeant told him. Hunter didn’t believe it at first. If he had been asked to name cops who might hurt themselves, his friend would not have been on the list.

He climbed into his truck and drove five minutes through the suburbs to Morgan’s home, parking on a quiet street with tidy lawns. He walked past a dozen patrol cars and approached the crime-scene tape that circled his friend’s driveway. He had ducked beneath yellow tape hundreds of times in his career, but that night he felt his pace slow, as a familiar act suddenly became filled with foreboding. He approached the officers crowded around Morgan’s S.U.V., peered between them, then stepped closer. He saw Morgan lying on his back, his shirt removed. One of his flip-flops, left behind as officers had dragged him out of the driver’s seat, dangled from the S.U.V.’s running board. There was a dark hole in his friend’s chest.

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Posted in Anthropology, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Pastoral Theology, Police/Fire, Psychology, Stress, Suicide, Theology, Violence