The consulting firm PwC has published a new report, “The Future of Work: A Journey to 2022.” The report offers three scenarios, or “worlds,” for life in the future workplace: the transformation of large corporations into mini-states, the development of collaborative networks due to increased specialization, and the influence of the environmental and social agenda on corporate practice. Most workplaces will include a mix from these three scenarios. The report predicts that companies will monitor employees’ health and personal lives, utilize data tools to quantify employees’ performance (especially relative to each other), expand compulsory corporate culture programs, and replace full-time employees with contract workers. Summary and analysis are available here and here.
At a recent economic policy conference, central bankers expressed a commitment to reducing unemployment and spurring job growth. This commitment marks a shift from central banks’ previous focus on reducing inflation, according to the New York Times.
Japanese corporations are increasing efforts to hire international students, the New York Times reports. 48% of midsize to large companies reported plans to hire foreign college graduates. Unlike many Western businesses, Japanese corporations do not hire to fill a specific position but recruit a number of graduates annually and invest extensive training in their new employees.
Paul Krugman argues that affordable housing, rather than lack of business regulation, is behind migration from the Northeast to Texas and other Sunbelt states.
Daily News & Commentary
Start your day with our roundup of the latest labor developments. See all
November 23
Workers at the Southeastern Pennsylvania Transportation Authority vote to authorize a strike; Washington State legislators consider a bill empowering public employees to bargain over workplace AI implementation; and University of California workers engage in a two-day strike.
November 21
The “Big Three” record labels make a deal with an AI music streaming startup; 30 stores join the now week-old Starbucks Workers United strike; and the Mine Safety and Health Administration draws scrutiny over a recent worker death.
November 20
Law professors file brief in Slaughter; New York appeals court hears arguments about blog post firing; Senate committee delays consideration of NLRB nominee.
November 19
A federal judge blocks the Trump administration’s efforts to cancel the collective bargaining rights of workers at the U.S. Agency for Global Media; Representative Jared Golden secures 218 signatures for a bill that would repeal a Trump administration executive order stripping federal workers of their collective bargaining rights; and Dallas residents sue the City of Dallas in hopes of declaring hundreds of ordinances that ban bias against LGBTQ+ individuals void.
November 18
A federal judge pressed DOJ lawyers to define “illegal” DEI programs; Peco Foods prevails in ERISA challenge over 401(k) forfeitures; D.C. court restores collective bargaining rights for Voice of America workers; Rep. Jared Golden secures House vote on restoring federal workers' union rights.
November 17
Justices receive petition to resolve FLSA circuit split, vaccine religious discrimination plaintiffs lose ground, and NJ sues Amazon over misclassification.