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Category Archives: Economy

$122 Billion: The Growing, Annual Cost of the Infant-Toddler Child Care Crisis

Report – Strong Nation.org – ReadyNation – Impact on families, businesses, and taxpayers has more than doubled since 2018. $122 Billion: The Growing, Annual Costof the Infant-Toddler Child Care Crisis. “…ReadyNation’s updated study finds that the nation’s infant-toddler child care crisis now costs $122 billion in lost earnings, productivity, and revenue every year. This staggering economic toll impacts working parents, their employers, and the nation’s taxpayers. Our 2018 study found that the crisis was already severely damaging the pre-pandemic economy, exacting a cost of $57 billion annually. A combination of COVID-19 and insufficient policy action have now significantly worsened the crisis. Productivity challenges affect both employers and employees. Almost two- thirds of parents of infants and toddlers facing child care struggles reported being late for work or leaving work early, and more than half reported being distracted at work or missing full days of work. An overwhelming 85 percent of primary caregivers said problems with child care hurt their efforts or time commitment at work. These challenges had predictable impacts: more than one quarter of caregivers said they’ve been reprimanded at work, and nearly one quarter have been fired. As a result, families lose $78 billion per year in forgone earnings and job search expenses. Meanwhile, productivity problems cause employers to lose $23 billion annually due to child care challenges faced by their workforce. Taxpayers, in turn, lose $21 billion each year in lower federal and state/local tax revenue…”

Americans Don’t Understand What Companies Can Do With Their Personal Data

Annenberg School for Communications, University of Pennsylvania: A new survey of 2,000 Americans finds that people don’t understand what marketers are learning about them online and don’t want their data collected, but feel powerless to stop it…In a new report, “Americans Can’t Consent to Companies’ Use of Their Data,” researchers asked a nationally representative group… Continue Reading

New cybersecurity data reveals persistent social engineering vulnerabilities

Tech Republic: “New research from NCC Group and Abnormal Security shows clouds and a bit of silver to line them: Ransomware attacks declined last year, but business email compromises increased — massively for smaller businesses — and a third of toxic emails got through their human gateways. According to risk management firm NCC Group, there… Continue Reading

Study: Over 50% of academics admit to pirating research papers

Fast Company: “Piracy has long been a major problem for big businesses, with Netflix just the latest in a growing list of companies to crack down on password sharing. But as recent research shows, piracy is also a growing issue in the world of academic research. More than 50% of academics have used piracy websites… Continue Reading

5 Reasons You Should Wait to Buy an EV

MakeUseOf: “Not too long ago, electric vehicles were seen as impractical purchases reserved for people trying to make a statement. But EVs have morphed into very practical transport that you can use daily, with realistic range and charging times. Even the price of EVs are become more accessible, with more affordable choices for sale. But,… Continue Reading

Pete Recommends – Weekly highlights on cyber security issues, February 4, 2023

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, February 4, 2023 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the… Continue Reading

AI Could ‘Harm the Global Financial System, Supply Chain’ US Gov Guidelines Say

Vice: The new government guidelines present a framework for mitigating AI harms across a wide swath of society. For better or worse, artificial intelligence (AI) tools are permeating all aspects of society, and the U.S. government wants to ensure that it doesn’t break it. AI chatbots like ChatGPT are being used on school assignments, even… Continue Reading

How Twitter Pushed Stakeholders Under The Bus

Bebchuk, Lucian A. and Kastiel, Kobi and Toniolo, Anna, How Twitter Pushed Stakeholders Under The Bus (January 19, 2023). Harvard Law School Program on Corporate Governance Working Paper No. 2023-1, Available at SSRN: https://ssrn.com/abstract=4330393 or http://dx.doi.org/10.2139/ssrn.4330393 “This paper provides a case study of the acquisition of Twitter by Elon Musk. Our analysis indicates that when… Continue Reading

Hamburg Climate Futures Outlook 2023

“The purpose of this second Hamburg Climate Futures Outlook is to systematically analyze and assess the plausibility of certain well-defined climate futures based on present knowledge of social drivers and physical processes. In particular, we assess the plausibility of those climate futures that are envisioned by the 2015 Paris Agreement, namely holding global warming to… Continue Reading

United States EV Fast-Charging Corridor Road Map

February 2023 United States EV Fast-Charging Corridor Road Map. A full-coverage future for long-distance electric vehicle charging infrastructure. Analysis & Design. Elizabeth Abramson Research Analyst and Design Specialist, Carbon Solutions LLC; Road Map Architecture, Dane McFarlane, Director of Climate and Policy, Carbon Solutions LLC. Prepared for the Great Plains Institute “This analysis identified 509 public,… Continue Reading

At the Supreme Court, ethics questions over a spouse’s business ties

The New York Times: “After Chief Justice John Roberts joined the Supreme Court, his wife, Jane Sullivan Roberts, gave up her career as a law firm partner to become a high-end legal recruiter in an effort to alleviate potential conflicts of interest. Jane Roberts later recalled in an interview that her husband’s job made it… Continue Reading

New GPO Sponsored Webinars

The James Webb Space Telescope (JWST): A New Window to the Infrared Universe; Dr. Louis Barbier (National Aeronautics and Space Administration); Wednesday, February 1, 2023; 2:00 – 3:00 p.m. (EST) Role of Regulations.gov in the Federal Rulemaking Process; Tobias Schroeder (General Services Administration); Wednesday, February 8, 2023; 2:00 – 3:00 p.m. (EST): Prices and Wages… Continue Reading