– The Wall Street Journal
For most American workers, having a child often means taking unpaid time off, a situation that can stress finances and wreak havoc with family schedules. Many of those workers would stand to get relief under a proposal in President Donald Trump’s budget to provide six weeks of paid time off for new mothers and fathers. Restaurant and retail chains often have paid-leave benefits for corporate employees, but the workers who stock shelves and ring up customers rarely have paid parental leave. Joe Kefauver, Managing Partner of Align Public Strategies said that companies in industries like technology absorb such benefits more easily than low-margin businesses like fast-food chains. “It’s not an insensitivity to the employee,” he said. “It’s a sensitivity to the business model.”
Whether you’re looking at summer jobs or at teen employment year-round, the work trends for teenagers show a clear pattern over the last three decades. When recessions hit (in the early 1990s, early 2000s, and from 2007 to 2009) teen labor participation rates plunge. As the economy recovers, though, teen labor doesn’t bounce back. Why aren’t teens working? Lots of theories have been offered: They’re being crowded out of the workforce by older Americans, facing competition with immigrants, and being encouraged to volunteer and sign up for extracurricular activities instead, to name a few.
Companies are coming together to form the Supply Chain Optimization initiative. The initiative is the first of its kind in the foodservice industry and is bringing together the biggest brands and suppliers. Their collective objective is to evaluate how to optimize supply chain practices across key stakeholders and to address how the movement of foods from farm to fork can bring new offerings to meet changing consumer tastes.
– Harvard Business Review
As robots and AI change the economy, how should we educate the younger generation to ready them for the labor market? The Harvard Business Review explores some ideas.