The Jobless Rate Is Finally Below 4 Percent. Our Economic Goals Still Don’t Reflect That.
– The New York Times
The lowest rate since 2000 suggests that officials may want to focus not on job creation but on the quality of those jobs, and on pulling more people into the labor force.
Amazon, The Elephant In The Antitrust Room
– The New York Times
While antitrust challenges to vertical combinations have been rare, the Trump Justice Department sued to block the AT&T-Time Warner merger on grounds that the combined companies might threaten to withhold Time Warner content to extract higher prices from rival distributors (a claim the companies have dismissed as economic nonsense). But Amazon is already vertically integrated – it creates content and distributes it over the internet. So are Netflix, Google (with YouTube) and Facebook (with its Watch feature and other offerings).
Women Make Up Just 11 Percent Of The Highest Paid Jobs In Corporate America
– The Washington Post
The number of female chief executives among America’s largest corporations has long been stubbornly, unsurprisingly low. A new study released by the Pew Research Center this week examines one reason that number may remain stuck for a long time to come.
Nike CEO Apologizes For Corporate Culture That Excluded Some Staff
– The Wall Street Journal
Chief Executive Mark Parker apologized to employees Thursday for allowing a corporate culture that excluded some staff and failed to take seriously complaints about workplace issues, according to people familiar with the matter.