In The News

Leslie Hook February 21, 2017
Vancouver, a beautiful city with mild weather on the Pacific coast, is fast-growing technology hub in need of skilled workers. A US crackdown on immigration has made the job of recruiting skilled immigrant workers from Seattle, San Francisco and Silicon Valley much easier. Companies like Apple, Microsoft, Google and Facebook oppose an executive order banning travelers from seven nations...
Cade Metz February 12, 2017
Researchers of artificial intelligence recognize their work is capable of disrupting the global economy. Automation and computers have already supplanted many jobs that will never return. “In the US, the number of manufacturing jobs peaked in 1979 and has steadily decreased ever since,” explains Cade Metz for Wired. “At the same time, manufacturing has steadily increased, with the US now...
Gary Pinkus, James Manyika and Sree Ramaswamy January 10, 2017
Global flows of trade and investment add economic value, and dismantling systems that rely on globalization would reduce prosperity. “While the impulse to erect trade barriers is understandable given the pain experienced by workers in a range of industries and communities in recent years, it is not the way to create lasting growth and shared prosperity,” notes a Harvard Business Review article. “...
Harold James January 4, 2017
Trade, automation and other facets of globalization have eliminated some careers. One solution is for government to provide an unconditional basic income, but that may not eliminate resentment. Historian Harold James examines how artisans recovered after losing work during the Industrial Revolution of the 18th and 19th centuries: “many displaced workers emigrated – often long distances across...
Nayan Chanda December 20, 2016
Worry and anger permeate the middle classes of Asia and the Americas, and in a world that is tightly interconnected, individuals perceive cross-border competition. During the US presidential campaign, President-elect Trump suggested that “unfair trade deals” had hurt US workers and communities, and he promised to tighten immigration rules and curb abuses associated with the H1-B and other visas....
December 8, 2016
US voters and politicians worry about the loss of manufacturing and assembly jobs, which carry a wage premium over most service jobs. Yet numerous economists and other analysis express doubt that such jobs can quickly be restored in the United States. “The biggest reason Trump — or anyone else — can’t bring back jobs is because there is nowhere to bring them back from,” notes an article from...
Nayan Chanda November 28, 2016
US President-elect Donald Trump made big promises on trade and jobs that will be tough to keep without wrecking key industries along with the global economy. Essentially, he suggested that he could restore US manufacturing jobs by blocking new trade deals like the Tans-Pacific Partnership and walking back on old deals like the North Atlantic Free Trade Agreement. The plan has problems. Such trade...