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Labor and jobs

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CNBC

Prof. Amy Glasmeier speaks with Greg Iacuurci of CNBC about the calculator she and her colleagues developed that displays what an actual living wage is in different areas of the country. “People are not surviving on the minimum wage,” says Glasmeier, 

Forbes

Forbes contributor Adi Gaskell spotlights how the MIT Task Force on the Work of the Future recently released a comprehensive report examining the future of work. Gaskell writes that the Task Force's report emphasizes the “pressing issues of our time as one of improving the quality of jobs to ensure that prosperity is shared across the economy.”

Axios

Axios reporter Bryan Walsh spotlights a new study by researchers from MIT’s Task Force on the Work of the Future that examines the impact of AI on the future of work. Walsh notes that the report’s authors “recommend programs that can enhance computer skills from kindergarten through the university level, while urging businesses and worker organizations to build cushions for the sometimes harsh changes AI will wreak on work.”
 

Financial Times

Writing for the Financial Times, Ryosuke Harada highlights a new MIT report that emphasizes the “importance of education and investment in human resources and warns that in the absence of a strategy, jobs will be lost and divisions in society will widen.”

The Guardian

Prof. Daron Acemoglu speaks with Guardian reporter Lauren Aratani about the impact of automation on inequality. While AI has “tremendous potential for making humans more productive,” Acemoglu notes that it also “has been a major driver in the increase in inequality.”

Axios

Axios reporter Bryan Walsh writes that during the virtual AI and the Work of the Future Congress, Elisabeth Reynolds, executive director of the MIT Task Force on the Work of the Future, noted that “education and training are central to helping the current and next generation thrive in the labor market.”

CNBC

Elisabeth Reynolds, executive director of the MIT Task Force on the Work of the Future, speaks with Annie Nova of CNBC about the Task Force’s new report, which lays out recommendations for ensuring Americans are able to secure good jobs in an era of automation. “We’re suggesting that people have access to affordable education and training,” says Reynolds. “I think there’s a real opportunity to help transition people and educate workers without four-year degrees.”

Axios

Axios reporter Bryan Walsh writes that a new report by MIT’s Task Force on the Work of the Future makes policy recommendations for ensuring American workers are able to secure good jobs. “If we deploy automation in the same labor market system we have now," says Prof. David Mindell, "we're going to end up with the same results.”

CNBC

CNBC reporter Greg Iacurci writes that a new paper by members of MIT’s Task Force on the Work of the Future demonstrates how the Covid-19 pandemic has exposed flaws in unemployment benefits for American workers.

New York Times

Three years after President L. Rafael Reif delivered an “intellectual call to arms” to examine the impact of technology on jobs, the MIT Task Force on the Work of the Future has published its final set of recommendations. “In an extraordinarily comprehensive effort, they included labor market analysis, field studies and policy suggestions for changes in skills-training programs, the tax code, labor laws and minimum-wage rates,” writes Steve Lohr for The New York Times.

The Wall Street Journal

Wall Street Journal reporter Christopher Mims spotlights Prof. Daron Acemoglu’s research examining the impact of automation on employment and a new essay from Prof. David Autor and Dr. Elisabeth Reynolds that illustrates how the pandemic could exacerbate economic inequality. 

Bloomberg

Bloomberg reporter Yifan Feng writes that a new study co-authored by MIT researchers shows women have been disproportionately impacted during Japan’s Covid-19 recession. The researchers found that “female workers fare worse than males and their negative welfare effects are three times as large as those of male workers.”

Economist

The Economist spotlights a recent essay by Prof. David Autor and Elisabeth Reynolds, executive director of the MIT Task Force on the Work of the Future, about the impact of the coronavirus pandemic on the state of work. “If remote working proves a lasting shift, then the café staff, taxi drivers and cleaners who depend on their custom could find themselves out of work,” writes The Economist.

Reuters

MIT researchers have found that the Paycheck Protection Program helped protect around 2.3 million jobs, reports Jonnelle Marte for Reuters. “The researchers compared hiring trends at companies that were eligible for the program to those that were too large to qualify,” writes Marte. “They found that hiring at eligible companies rose after the launch of PPP when compared to companies that did not qualify.”

Bloomberg

Bloomberg reporter Maeve Sheehey writes that a new study co-authored by MIT researchers finds that the Paycheck Protection Program helped to boost employment by 2% to 4.5%. “The research suggests that providing money directly to companies helped curb job losses during the pandemic,” writes Sheehey.