Author: Ericksson Abad

Walmart is developing a drone

A DJI employee demonstrates flying a drone at Consumer Electronics Show 2016 in Las Vegas on Jan. 7, 2016. [Note: This is not the drone Walmart will be using. Images of Walmart’s drone cannot yet be released.] By: Richard Feloni Walmart is getting into the drone game. Walmart’s VP of Emerging Sciences Shekar Natarajan demoed the retailer’s new technology to reporters from a Bentonville, Arkansas, distribution center on Thursday, on the eve of its annual shareholders meeting. The drone technology will be replacing the jobs of inventory quality assurance employees, cutting inventory checks across massive distribution centers (the one in...

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Minimum Wage Blowback: Wendy’s To Put Kiosks In all 6,000 Restaurants

By Chris Rossini When government uses force, people (and companies) adapt. No one likes to be a punching bag. When the health-bullies tax or fix a high price on cigarettes or marijuana, people do their business on the black market. They still get the cigarettes. They still get the marijuana. If government says a company must pay someone $15/hr no matter what, companies adjust. First, they will let go the employees that are not productive enough or skilled enough to earn the $15/hr.  Companies will also consolidate tasks. For example, if someone was being paid $8/hr to sweep the...

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Job growth is swirling down the drain

By: John Crudele Yikes! Splat! Plop! Oy vey! Job growth fell hard in April as the government’s employment numbers confirmed the disappointing reality already self-evident on nearly every Main Street across the US. The economy was a loser this spring, and the statistical proof of this is catching up with reality. The Labor Department on Friday announced that only 160,000 jobs were created last month. Put another way, most economists think that is barely enough to absorb even the people looking to enter the job market for the first time, much less give work to the 7.9 million Americans...

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Rich and powerful warn robots are coming for your jobs

Robots assemble the main body of one of Daihatsu Motor’s vehicles at the minivehicle maker’s Kyushu Oita (Nakatsu) No.2 Plant in Nakatsu, Oita prefecture, Japan, April 6, 2016. REUTERS/Naomi Tajitsu/File Photo By: Olivia Oran LOS ANGELES (Reuters) – Some of the richest, smartest and most powerful humans have an important message for the rest of us as they convened this week to discuss pressing global issues: the robots are coming. At the Milken Institute’s Global Conference in Beverly Hills, California, at least four panels so far have focused on technology taking over markets to mining – and most importantly, jobs....

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5 Powerful Resources For Finding Remote Work Opportunities

PowerToFly founders Katherine Zaleski (left) and Milena Berry (right) are a powerful force for women who want to work remotely. Photo by: Samantha Casolari. By: Kavi Guppta Let’s cut to the chase: remote work is becoming a viable option for people seeking jobs, and companies hoping to fill roles. In August of 2015, Gallup noted that 37-percent of the U.S. population identified with “telecommuting” or remote working. A variety of evidence shows that flexible work options like remote working helped to create a better workplace with happier and productive people. So where are all of those remote friendly jobs? As...

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If You’ve Ever Been Called A ‘Job-Hopper,’ Read This

By: Liz Ryan That mode of operation is dangerous, as too many working people have learned through harsh experience. Going to sleep on your career and relying on your employer to take care of your career for you is the worst decision you can make! The truth is that “job-hoppers” earn more money, grow bigger muscles and become more marketable than non-job-hoppers do. In most cases, the longer you stay at a job past the first couple of years, the more your resume degrades in value. You become less marketable, not more, by staying in your job for a...

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Two Sigma Co-Founder `Very Worried’ Machines Will Take Jobs

By: Saijel Kishan David Siegel, co-founder of $35 billion quantitative hedge fund Two Sigma, says he’s “very worried” that machines could soon cost large swaths of the global workforce their jobs. “Most people in the bulk of the job market are not involved in super-high-value jobs,” Siegel said at the Milken Institute Global Conference in Beverly Hills, California on Monday. “They are doing routine work and tasks and it’s precisely these tasks that computers are going to be better at doing,” just as the advent of the combustion engine led to horses being replaced and ATMs displacing most bank tellers,...

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McDonald’s Former President Says A $15 Minimum Wage Will Kill Entry-Level Jobs

By: MARK SHRAYBER A loud new voice has joined the fray of those screaming that the minimum wage should never be raised to $15. It belongs to former McDonald’s President and CEO Ed Rensi, who recently published an opinion piece inForbes to explain exactly why raising the minimum wage is a huge mistake that will end the world. It’s because, Rensi points out, paying people what many consider to be a fair wage would make it impossible for those who need to find entry-level jobs. And it’s wrong, he says, to consider McDonald’s as one giant monolith, because many of the...

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8 Tech Skills That Will Help You Land a Six-Figure Salary

By: Julie Bort According to job-hunting site Dice, employers are searching resumes for these words or phrases most frequently. In the tech industry, one day a skill is hot, the next it’s not. IT professionals spend a lot of their career learning, training, and trying to keep up. Job-hunting site Dice prides itself on helping IT pros navigate which skills to pursue. It just concluded an analysis of its database of 80,000-plus tech jobs from April 2015 through April 2016 to determine the fastest-growing skills based on job openings. We then crosschecked those skills against Dice’s annual-salary survey, published in February, which offered the average salary for jobs using those particular skills in 2015. The good news? All of them are part of jobs that command average salaries of over $110,000. No. 8: Cassandra, job openings up 32 percent, worth $147,811 Cassandra is a special kind of database called a NoSQL, which is part of the big-data trend. NoSQL databases can handle massive amounts of data, spread across cheaper, low-end servers. Cassandra was born at Facebook, but the company released it as a free and open-source project, and today it is used at companies including Apple, Comcast, Instagram, Spotify, eBay, Rackspace, and Netflix. No. 7: Hive, up 32 percent, worth $129,400 Hive is another skill in high demand as part of the big-data phenomenon, particularly a big-data tech called Hadoop. Hadoop is software to store all kinds of data across many low-cost computer servers. Hive provides...

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The Ugly Truth About A $15 Minimum Wage

A $15 minimum wage will mean wiping out thousands of entry-level opportunities for people without many other options. (Photo by Joe Raedle/Getty Images) By: Ed Rensi Mr. Rensi is the former president and chief executive officer of McDonald’s USA. The Service Employees International Union spent 2015 expanding its campaign for a $15 minimum wage to other industries. In recent nationwide protests, the union focused again on its original target: Fast food companies, and McDonald’s MCD +0.12% in particular. I worked for the company for three decades, and served as its USA President for 13 years. I can assure you that a...

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