The gig economy is just one sub domain of what is happening more broadly to the workforce, including just-in-time scheduling and other disruptions to the labor markets, whether as a result of the gig economy, automation and robots, artificial intelligence and other factors.
Growing up, you are blissful unaware of the difficulties of life. You believe that you will go to college, get a job in your chosen field, get married and live in a beautiful house with a white picket fence -- that whole "American Dream" bullshit.
Once the world confirms the Global Goals, the hard work to accomplish them will begin. This is where harnessing the creativity, energy, and passion of young people could help achieve the dual objectives of engaging them productively while also making progress on other important goals.
Not only do high levels of youth unemployment affect the productivity of a country and reduce the skills of the workforce, the cost emotional and socially for those young people who experience youth unemployment is hugely significant.
65 percent of the 2,800 young people surveyed around the world want to run their own business at some point in their careers -- 27 percent want to do so immediately and 38 percent after learning from someone else first.
Jobs reports are often highly anticipated by investors, but the August jobs report held even greater significance than usual. Investors hoped for a clear signal that the Federal Reserve would be expected either to raise rates during their September meeting or put off a rate hike until at least December.
The unemployment rate fell because it is determined by a separate survey of households that showed a sharp 237,000 drop in the number of people who said they were unemployment, while only a small number dropped out of the labor force.
You try common wisdom, like 'for every $10,000 in salary, the search takes a month.' That works for about 30 seconds, till you realize that it's ridiculous in so many different ways. Chief among them is that it discounts what is perhaps the single most important thing about job search: every single job search is different.
President Obama had some fun this week, and by doing so actually forced the media to tackle a serious subject on his agenda.
The essence of this special day is about acknowledging the strength, skill, persistence and even artistry demonstrated every time any job is done well. It's something we too readily forget in a world that seems to be more and more dominated by fame, fortune and reality television.
This is the last in a series of political risk and prediction blog posts linked to Dr Aziz's upcoming political comic book, The Global Kid (note: 100%...
Every year, more than 200,000 service men and women transition from the military to the civilian workforce, and most are inevitably challenged by that jump. So as we head into another fall, I'm thinking a lot about these men and women.
The labor force remained flat in August, meaning the participation rate is still stuck at a low 62.6%, more than three points off of its peak prior to the downturn. Some of that decline can be assigned to retiring boomers, but some remains due to persistently weak demand.
When did we all turn into a bunch of babies that need to be coddled, with our policy maker parents smoothing volatility and promising a world of full employment and a perfect 2.0 percent inflation rate? It's normal for economies to experience cycles, both expansions and recessions.
It looks like we are returning to the goldilocks economy that prevailed for much of last year -- low inflation plus continued good job growth. But it also could mean better economic growth that has stayed in the 2 percent range during the Great Recession recovery to date.
While we made immense progress from the days where discriminations against Americans with disabilities was legal, not enough has been done to help these hardworking men and women take care of their families.