October 11, 2023

Since the United Auto Workers (UAW) began striking against the Big Three car companies in September, the union has expanded its action to two more plants as workers continue to fight for better contracts. This video explains one of their central concerns: the expansion of automakers into the electric vehicle (EV) market. While members of the union are worried about their wages in an EV-driven future, American car companies fear that increased labor costs could make them uncompetitive with foreign Continue reading

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September 15, 2023

While South Korean car makers Kia and Hynudai face legal action from seven American cities, domestic auto companies also have their fair share of problems on the horizon. For weeks, Detroit’s Big Three–Ford, General Motors, and Stellantis (owner of Chrysler)–have been deadlocked in negotiations with the United Automobile Workers (UAW). Representing more than 150,000 workers across the industry, the union has demanded a 36 percent raise over four years, pointing to rising inflation and big corporate profits. Carmakers, meanwhile, Continue reading

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August 18, 2023

The trucking company Yellow filed for bankruptcy in July after struggling for years with mounting debts and slim profit margins. The video below looks at how this low-cost carrier butted heads with unions while also failing to integrate acquisitions into its existing business, leading to the collapse of this century-old company. 

Questions:

  1. What are some factors that led Yellow to declare bankruptcy last month?
  2. Why is it difficult for low-cost carriers like Yellow to operate in the competitive trucking industry?
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July 21, 2023

American companies have been hiring lots of new employees this year, making economists hopeful that the country will not experience a recession anytime soon. Still, other experts claim that increased hiring is not as reliable of an economic indicator as some think. The video below explains how total working hours can provide a more detailed picture of the country’s economic health and why fears of an incoming recession could be justified. 

Questions:

  1. How do economists use “hours worked” as Continue reading
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July 19, 2023

At the beginning of May, the Writers Guild of America (WGA) voted to strike against major Hollywood studios, citing poor working conditions and declining pay as the primary causes of the work stoppage. Although the union does not appear to be any closer to signing a new deal than they were months ago, members of the WGA have recently seen their picket lines become stocked with new faces, some of which are quite famous. That’s because last week the Screen Continue reading

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June 15, 2023

The Writers Guild of America has been on strike for more than a month and a half as they continue to demand better working conditions in modern Hollywood. This video takes an in-depth look at how streaming services like Netflix and Hulu completely changed the business of writing for television, from shorter schedules and smaller residual checks to depriving writers of vital experience by keeping them off set. 

Questions:

  1. How does spending time “on set” allow writers to gain Continue reading
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Members of the Writers Guild of America (WGA) began walking picket lines yesterday after failing to agree a new deal with production companies. This strike marks an end to 15 years of labor peace in Hollywood, bringing dozens of television and film projects to an immediate and indefinite halt. According to representatives of the approximately 11,500 striking writers, the rise of streaming has upended the industry and led to declining conditions for creative workers. For example, in the past network Continue reading

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April 7, 2023

Working from home became commonplace during the pandemic as companies increasingly kept in contact with employees through platforms like Slack, Zoom, and Microsoft Teams. As offices opened back up, though, managers started requiring workers to come in at least a few times per week. According to a recent study from the Labor Department, 72.5 percent of American businesses reported that their employees rarely or never work remotely, close to the level of 76.7 percent that preceded the pandemic. 

The Continue reading

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March 31, 2023

Earlier this year, we looked at how the Federal Trade Commission (FTC) proposed a ban on noncompete clauses in employer contracts, which restrict the jobs that former staffers can take once they leave a company. Another controversial clause that some businesses place into contracts prevents ex-employees from talking bad about their old jobs if they accept a severance agreement. Labor advocates have long criticized nondisparagement clauses for infringing on the rights of workers, a point that the National Labor Review Continue reading

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February 10, 2023

For the last few weeks, chatbots powered by artificial intelligence have made waves on social media as users talk with these automated conversation partners. The bot ChatGPT, for instance, can provide reasonable answers to questions posed by users regardless of their spelling or grammar. These responses are delivered in natural-sounding sentences that do not require scripting, a significant improvement on clunky chatbots of the past. As a result, many big companies are looking to get in on the ground floor Continue reading

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