Headlines warn that changes in retail will lead to disruptive job loss for frontline workers such as cashiers, salespersons, stock clerks, and order fillers. But there may be more to the story. New technologies, the rise of ecommerce, and shifting business strategies, marketing approaches, and customer expectations are altering the way businesses sell, customers shop, and employees work. How will these changes influence retail businesses’ employment practices and the shape of retail jobs? Will the response to these changes vary across segments of the retail industry, whether companies are publicly traded or privately held, small or large, brick-and-mortar or online, or local or multinational? What are the opportunities to create new jobs with potentially more productive, meaningful, and rewarding work?
We invite you to watch What’s in Store: The Future of Work in Retail, a panel discussion on these questions as part of the Economic Opportunities Program‘s Working in America event series.
We like to think that the US labor market is a meritocracy — that people who work hard will attain good jobs, climb the career ladder, or start and grow businesses. The experience of Black Americans, however, raises questions about whether the reality lines up with the ideal. The unemployment rate among Black Americans is roughly double that of White Americans, and Black college graduates are roughly twice as likely to be unemployed as White college graduates. Over the past three decades, Black workers have attained higher levels of education and experience, but have not seen a commensurate increases in earnings, benefits, and economic standing. In this event, panelists discuss how we understand the experience of Black workers in the US, and what it tells us about working in America today.
The American population is getting older. The US Census estimates that, in 2050, the population aged 65 and over will be 83.7 million, almost double its estimated population in 2012, and the surviving baby boomers will be over the age of 85. As the United States ages, direct care workers, such as home care aides and certified nursing assistants, will become essential to many more families. Yet these workers tend to be low-paid and poorly trained and receive little respect for the critical work that they do.
During this event, the panel discusses if such a workforce is capable of addressing the needs of our aging population, and how can we improve the quality of work and healthcare services in an industry of growing national importance.
This is a profile of Charm City Run, a Baltimore-area running and walking specialty store, as part of the Good Companies/Good Jobs initaitive research.
This guide outlines steps to create and implement an employee financial health strategy. When paired with adequate compensation, these services can support workers to save. We recommend turning to page 21 for an actionable, 7-step approach to developing a strategy. This resource also explains the need and business case for supporting worker’ financial stability, with helpful data indicating the impact of financial instability on worker productivity, morale, attendance, turnover, and health, as well as guidance on available financial products to consider. This tool has application for businesses and for practitioners that engage employers to support workers.
This toolkit includes a primer to workplace financial wellness services, questions to consider when exploring these services, and employer experiences with provision of these services. These supports can contribute to job quality when paired with adequate compensation by helping employees manage finances and build assets. This resource includes descriptions of common services, such as financial counseling and coaching, debt management, savings products, and online financial management tools. This tool is most useful for businesses interested in adding or expanding financial wellness benefits. Partners could also share this tool with businesses or could use it to strengthen their own organizations’ financial wellness supports.
This issue brief by PHI analyzes the impacts of recent policy changes in New York state impacting home care aides and defines what a quality job looks like for a caregiver. The elements of a quality job in this occupation are organized in three categories: compensation, opportunity, and supports. While designed for care workers, the framework has relevance across industries and application for all practitioners seeking to define and assess job quality in an organization.
Investments to renew our nation’s infrastructure offer many possible benefits to our economy and our society. One of the most often cited benefits is that these investments will create good jobs. In communities across the country, much has been learned about how to invest in infrastructure projects in ways that support economic development goals and help people in the community connect to good jobs.
In this panel, hosted by the Economic Opportunities Program, speakers discuss the opportunities for work created by infrastructure projects as well as the benefits that renewed infrastructure offer for both workers and business. Panelists share examples from companies and projects around the country, highlighting the business case for investing in workers, training, and safety, not only to benefit workers, but also to improve company operations and America’s critical physical assets.
The Good Companies/Good Jobs Initiative at the Aspen Institute looks to sectors that have the potential to house good companies and good jobs, including health care and manufacturing, as well as retail, hospitality, and other service industries. It also explores tools to better align capital deployment to firms with good jobs outcomes. Mark Popovich, former vice president for The Hitachi Foundation’s Good Companies@Work program, joined EOP to direct this initiative.
This event features examples of companies that intentionally provide jobs that are good for workers and good for companies. We also shared more information about the interrelated goals of all three of The Hitachi Foundation legacy gifts, including to the MIT Sloan School of Management and Investors’ Circle.
High unemployment rates among teens and young adults have caught the attention of the popular press, policymakers, and many others. Labor market participation – working or actively seeking work – has fallen for these groups at alarming rates since 2000, especially for teens. While the declines have affected all young worker demographic groups, unemployment is even more acute for young people of color who have lower levels of labor market attachment overall.
In this event, we ask: what is causing these trends? Is the economy experiencing structural or cyclical changes that would explain it? Is it sluggish job growth or technology? Have employers just altered their preferences? This panel explores trends in young adult workforce participation and potential factors driving them. Panelists take a close look at the role employers and stronger connections to employers can play in helping teens and young adults access career-launching work experience. Panelists also discuss policies that may be contributing to the problem as well as those that may help to improve young worker access to early work experience and economic prosperity.