April 15, 2021

After experiencing the worst year for the hospitality industry in U.S. history, restaurants and bars are beginning to bounce back as vaccinated Americans reemerge into the world and Covid-19 restrictions ease. For instance, sales at the Miami coffee shop and eatery All Day spiked in January to their highest levels since the start of the pandemic. “It was like turning on a light switch,” said owner Camila Ramos. As customers continued to flood into All Day, she tried to hire Continue reading

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April 6, 2021

Starting in March 2020, new unemployment claims in the U.S. seemed to reach record levels every week as businesses closed all over due to the pandemic. And while that number has gradually been decreasing in recent months, thousands of people continue to file fresh unemployment claims each week. 719,000 workers filed for unemployment last week, an increase from 658,000 initial claims the week before.

Although the U.S. unemployment rate remains high, some experts are optimistic that the economy is on Continue reading

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April 2, 2021

As the NCAA March Madness tournament enters its final stages, politicians and labor advocates have reignited a debate about compensating college athletes. This video takes an extensive look at the discussion as it currently stands and how possible legislation could change matters in the future.

Questions:

  1. What is the NCAA’s reasoning for not compensating student athletes?
  2. Do you think NCAA athletes should receive compensation for participating in college sports? Why or why not?
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November 3, 2020

Today is election day, and major companies across the country are taking measures to ensure that their employees can go out and vote. While Bank of America workers will receive three hours of paid time off to go to the polls, Best Buy stores will remain closed until noon so staffers can vote in the morning. Paypal offered paid half days for employees who volunteer at polling places. “Companies can’t do everything, but we can function in civil society in Continue reading

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October 13, 2020

As brick-and-mortar retailers struggle to make ends meet during the pandemic, e-commerce outlets like Amazon are thriving as consumers purchase more products from home than ever before. Experts expect that this trend will continue into the holiday shopping season, which can drive as much as 30 percent of retailers’ overall sales. So while companies would normally be hiring extra cashiers to prepare for Christmas, this year they’re bringing in warehouse workers to handle the high volume of online orders.  Continue reading

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October 1, 2020

Back in March, airlines received $25 billion in relief so that workers could stay on the payroll as the coronavirus pandemic caused a massive disruption in world travel. But with that money now spent, major carriers had been hoping for another round of economic stimulus from the federal government as demand for travel remains low. Legislators have been unable to come to an agreement so far, however, leading American Airlines and United Airlines to announce that more than 32,000 employees Continue reading

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August 27, 2020

For nearly every week since March, millions of Americans have filed for unemployment benefits as the economy continues to struggle with the effects of the coronavirus pandemic. And last week was no exception: once again more than 1 million people filed for unemployment for the first time. All together, more than 27 million people applied for benefits as the jobless rate hovers around the 10 percent mark. 

“It’s massively concerning that five months into this crisis we are still Continue reading

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August 24, 2020

In 2018, California’s Supreme Court ruled against a delivery company that classified its employees as independent contractors. This landmark decision was followed two years later by official legislation that required businesses throughout the state to turn contracted staff into full-time workers or else face legal action. The most prominent targets of this new law were Uber and Lyft, the rideshare giants that employ tens of thousands of people as independent contractors. 

According to consumer advocates, drivers for Uber and Continue reading

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August 20, 2020

As companies across all industries look for ways to reduce contact between employees during the pandemic, many are turning to automated labor as a way both to stay safe and trim costs. This video looks at how advanced robotic technology could change workplaces in the long term while also examining the potential limitations of automation. 

Questions:

  1. Why are many companies investing in automated labor during the pandemic?
  2. What are the advantages and disadvantages of automation?
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July 30, 2020

According to data from Yelp, more than 55 percent of the 132,500 businesses listed on the site that closed during the pandemic will remain shuttered permanently. Although government relief bought some companies time, businesses that are now closed will likely remain that way for the long term. Restaurants account for the greatest share of permanent and temporary closures, followed closely by retailers and then beauty salons and spas. 

“Businesses are needing to decide, ‘Do I renew my lease on Continue reading

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