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“American wages vary widely, from the minimum wage to six-figure salaries, and more. Often, it is the industry, in addition to the job, that determines the level of pay. The highest-paying jobs tend to be found in tech firms, consulting groups, medical facilities, and financial institutions. In certain companies in these industries, it is not …
National Academies: “Recent years have yielded significant advances in computing and communication technologies, with profound impacts on society. Technology is transforming the way we work, play, and interact with others. From these technological capabilities, new industries, organizational forms, and business models are emerging. Technological advances can create enormous economic and other benefits, but can also …
World Economic Forum: “A great deal has been written in recent years about the perils of automation. With predicted mass unemployment, declining wages, and increasing inequality, clearly we should all be afraid. By now it’s no longer just the Silicon Valley trend watchers and technoprophets who are apprehensive. In a study that has already racked …
Federal Contracts: Agencies Widely Used Indefinite Contracts to Provide Flexibility to Meet Mission Needs, GAO-17-329: Published: Apr 13, 2017. Publicly Released: Apr 13, 2017. “The federal government obligated over $130 billion annually during fiscal years 2011-2015 on indefinite delivery/indefinite quantity contracts—which are used when the exact quantity and timing of products or services are not …
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24/7 Wall St – “The U.S. economic system encourages cost-cutting at every stage of business. While taxes are a yearly expense for small businesses, working families, and individuals, large U.S. companies avoid billions in taxes each year on cash held in offshore bank accounts. The current level of global wealth inequality, which is widely expected …
Executive Office of the President, Office of Management and Budget, Memorandum for Heads of Executive Departments and Agencies – April 12, 2017. M-17-22, Comprehensive Plan for Reforming the Federal Government and Reducing the Federal Civilian Workforce. “This memorandum provides agencies guidance on fulfilling the requirements of the Hiring Freeze PM and the Reorganization EO while …
“While the share of U.S. adults who are married has been falling steadily over the past 40 years, married people continue to earn most of the nation’s income and pay the vast majority of income taxes, according to a Pew Research Center analysis of IRS tax administration data. In 1970, 69% of adults were married, …
Office of Inspector General Evaluation Report, March 29, 2017. 2017-SR-B-005 “We assessed the effectiveness of continuous monitoring as a supervisory activity for large, complex financial institutions, including Large Institution Supervision Coordinating Committee (LISCC) firms and large banking organizations (LBOs). The Federal Reserve System plays a major role in regulating the U.S. financial system. Specifically, the …
World Economic Outlook 2017 – “Emerging market and developing economies have become increasingly important in the global economy in recent years. They now account for more than 75 percent of global growth in output and consumption, almost double the share of just two decades ago. The external environment has been important for this transformation. Terms …
CBO – “At 77 percent of gross domestic product (GDP), federal debt held by the public is now at its highest level since shortly after World War II. If current laws generally remained unchanged, the Congressional Budget Office projects, growing budget deficits would boost that debt sharply over the next 30 years; it would reach …
“Manufacturing establishments in the South and Midwest utilize more structured management practices than their counterparts in the Northeast and West, according to new results from the U.S. Census Bureau’s Management and Organizational Practices Survey. Structured management practices in the South and Midwest received the highest scores of 0.568 and 0.556, respectively. The West followed with …
