Women between 25 and 54 years old made up a larger proportion the labor market in July, reaching a seven-year high, according to Bureau of Labor Statistics data. The participation gap between prime-age men and women now stands at 13.2 points, the lowest measured since 1948.
China's Commerce Ministry said President Donald Trump's potential investigation into China's intellectual property policies violates World Trade Organization rules. If the action damages trade relations, China said it "will take all appropriate measures to resolutely safeguard the legitimate rights and interests of the Chinese side," but did not detail what measures would be involved.
Factory workers are leaving the industry at the fastest pace in 10 years, in part, because of low confidence in finding work elsewhere due to the low 4.3% unemployment rate. Others fear automation and robots will replace them.
When a direct report disagrees with you, make sure you've listened to the reasons why, says Marshall Goldsmith. You might change your mind or you might stick with your decision, but be able to communicate that respectfully rather than describing why the other person is wrong.
Keep your boss informed and regularly offer help if your boss is difficult to work with. Through repetition and gratitude, you can ease tensions with the boss and develop a peer network, Karin Hurt writes.
Raising the minimum wage could encourage companies to rely on technology to handle tasks that were once performed by humans. A new report distributed by the National Bureau of Economic Research suggests that "groups often ignored in the minimum wage literature are in fact quite vulnerable to employment changes and job loss because of automation following a minimum wage increase."
Bill Evans, who owns numerous food businesses through his Open Gates Group, including the Kalona SuperNatural brand, got started in business simply to help his community create a creamery. Looking back, "I'd probably tell myself to just be who you are and be comfortable with that, and trust that your instincts are correct," he says.
The butterfly effect is a theory that suggests seemingly inconsequential actions can have a lasting impact on an interconnected world, and these effects are not easy to predict, Shane Parrish writes. "If we think that we can identify every catalyst and control or predict outcomes, we are only setting ourselves up for a fall," he argues.
Circular economy actions can be good for the environment, but companies must be sure they can handle, financially and otherwise, the ability to collect and repurpose old products, write Luk Van Wassenhove and Patricia van Loon. They offer a model for calculating the total costs associated with such remanufacturing efforts.
The long-running Dos Equis advertising campaign succeeded where Budweiser's Super Bowl ad this year didn't because the former connects without complication, argues Shannon O'Neill. "Your audience doesn't need to understand your brand's thinking; they only need its insight," she writes.
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