Layoffs in the Tech Industry

Layoffs in the Tech Industry

Posted by on Feb 15, 2024 in Economics, Stuff You Should Know | No Comments

In 2023, more than 260,000 jobs in the United States were lost in the technology industry. During the first four weeks of 2024, nearly 100 technology companies laid off about 25,000 employees combined. This included workers from Google, Amazon, TikTok, and Microsoft. Why are employees being let go in an industry that continues to innovate?  […]

United Auto Workers Tentatively End Strike

United Auto Workers Tentatively End Strike

Members of the United Auto Workers (UAW) labor union went back to work on October 30, 2023. Since September 15, they had been on a historic strike against the “Big Three” U.S. automakers: Ford Motor Company, General Motors (GM), and Stellantis (formerly Chrysler). It was the first time the UAW had gone on strike at […]

United Auto Workers’ Strike Intensifies

United Auto Workers’ Strike Intensifies

Posted by on Sep 28, 2023 in Economics, Stuff You Should Know | No Comments

On Friday, September 15, 2023, thousands of autoworkers went on strike. The work stoppage included nearly 13,000 workers at three auto plants in the Midwest. A strike is when union members stop working in order to get their employer to meet their demands.  Members of the United Auto Workers union (UAW) organized a strike against […]

Colombian American Makes U.S. History

Colombian American Makes U.S. History

For the first time in its 109-year history, the Federal Reserve now has a Latina on its governing board. The U.S. Senate confirmed Colombian American economist Dr. Adriana Kugler by a 53-45 vote in September 2023.  New Jersey Senator Bob Menendez said Kugler’s place on the Board of Governors is a step in changing the leadership […]

Can Coffee Stimulate an Economy?

Can Coffee Stimulate an Economy?

Posted by on Sep 15, 2023 in Economics, Stuff You Should Know, World | No Comments

Coffee is one of the most popular drinks in the world. Only water and tea are drunk more than coffee. This means that the demand for coffee is high. In Mozambique, the Gorongosa Coffee Project uses the demand for coffee to benefit the people and the environment.  Creating a Park  In 1960, the government of […]

Are Remote Jobs Going Away?

Are Remote Jobs Going Away?

“What do you want to do when you grow up?” is a question that adults often ask of kids. It may need to be followed up by, “Where do you want to work—at home, in an office building, or with the public?”   What is a Workplace?  Until the COVID-19 pandemic, for most people “going to […]

Economic Discrimination in China

Economic Discrimination in China

Posted by on Sep 8, 2023 in Economics, Stuff You Should Know | No Comments

Imagine turning 35 years old and suddenly facing a difficult time finding a job, or even losing your job, just because of your age. That is what some people in China are experiencing. It is being called the “Curse of 35.”   The “Curse of 35” Explained  The “Curse of 35” is a term used […]

Investing in Community

Investing in Community

Banks help people save money for things they might want in the future. They also provide loans to help people get money to buy a car or a house, or to start a small business. Banks help businesses and communities grow. However, not everyone has the same access to banks.   The lack of access to […]

YOU DECIDE: Businesses at a Tipping Point

YOU DECIDE: Businesses at a Tipping Point

Imagine you’re buying a cup of coffee at a local cafe. A server brings the coffee to you.  When you pay for it, you give an extra amount, called a gratuity or a tip, to the server. This is a common practice in places like restaurants. But lately, consumers have noticed greater expectations for tips. […]

The Euro Goes Digital

The Euro Goes Digital

The euro is the official currency of the European Union, or EU, and it has been around for almost 25 years. But now, the European Central Bank (ECB) is considering creating a digital form of the euro. What does that mean, and how might it change the future of how people buy and sell things […]

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