The best way to stay connected in the new economy
The new economy is making everyone better off.
We’ve all heard the stories, but now, the best way for us to stay on top of what’s happening is to take a look at what’s new, said Joe DiSoto, vice president of the National Association of Broadcasters.
Here’s how to find out more about the latest in the economy and technology.
1.
What’s happening?
The most obvious change is the growth of the internet.
The average American’s internet connection now averages about 25 megabits per second, up from about 10 Mbps in 2013, according to a new study by the National Bureau of Economic Research.
There are more and more apps on your smartphone.
The number of people streaming video online is growing exponentially, with more than 60 million people who now watch videos in the United States, according the Pew Research Center.
And the number of jobs is growing.
In 2014, the number to be created in the U.S. as a result of new jobs was more than 8 million.
And it will likely grow even more as more people move online.
2.
What will the new jobs be?
The economy is now getting more diverse.
It’s still dominated by white, male professionals, but that is changing.
There’s more opportunity for people of color, women and underrepresented groups, and the economy is becoming more diverse, said Michael Teske, president and CEO of the Media, Entertainment and Arts Association, which represents the television, film and music industries.
3.
What else is happening?
There are lots of big changes happening in the workforce.
There is a huge shift in the nature of work.
Many jobs are now being done remotely, with machines that can make or process the raw data needed for analysis.
Some are also becoming automated.
Workers in the health care, finance and information technology industries, for example, will be replaced by people in factories or offices.
4.
What are the new trends?
The number and type of jobs that are open are changing as well.
A lot of jobs are no longer full-time or part-time and are being replaced by more temporary, temporary and contract positions.
There also are a lot of people who are working in part- or full- time jobs and are retiring.
Also, there is more competition for jobs in the digital economy.
People are using social media, video chatting and apps to find and connect with others.
5.
What is the job outlook for this year?
The outlook for 2016 is uncertain.
The stock market has rebounded nicely from the crisis in September, but the economy hasn’t really recovered.
There has been a slowdown in hiring and the unemployment rate is still far above pre-crisis levels.
It could be that the economy will get back on track as more Americans get back to work, said Steve Scharfenberg, an economist at Barclays Capital.
6.
What to know about: There are so many changes that the government has released new job numbers, including a forecast for the unemployment insurance rolls to hit 4.3 million in 2018, up almost 6 million from the previous year.
There have also been a lot more job opportunities for Americans, including more women entering the workforce, the rise of part- time work, the arrival of tech giants such as Apple and Google, and a resurgence in the manufacturing sector.
7.
How will the economy work in the next few years?
The growth in employment is slowing and some companies are laying off workers, but jobs aren’t being replaced.
The unemployment rate has dropped below 7% for the first time since 2008.
The job market will get a boost in 2019, when the unemployment benefits program ends.
But it won’t reach full employment until 2024.
The economy will be getting more flexible, too.
That means people will be able to get new jobs at a lower pay and in some cases with shorter hours.
The government expects businesses to hire more workers and that this will make it harder for companies to pay employees more, but it’s not yet clear how many jobs will be created or how fast that will happen.
8.
What you need to know: The economy isn’t yet at full employment.
But there are signs that the job market is starting to improve.
In August, the Bureau of Labor Statistics reported that the number and wages of full- and part-timers rose.
The Labor Department also reported that employers increased their spending on benefits and pensions and increased the number working part- and full-year.
The new jobs are all part of a broader recovery.
9.
Are there new job openings?
There’s a lot happening in business.
A slew of companies are creating new jobs.
More than 1.3 billion people were unemployed in September.
That’s up from 1.1 billion people in August.
The share of the unemployed population who are self-employed has also been rising.
Many companies have opened up new operations and opened up their customer base.
Some, such as Amazon, are offering jobs in their fulfillment centers, and some are
The new economy is making everyone better off.We’ve all heard the stories, but now, the best way for us to…