CHINA’S GIG ECONOMY ON AN UPWARD SPIRAL AMIDST DEPLORABLE WORKING CONDITIONS

• As a scooter driver in a blue uniform, Liu shuttled for Ele.me, an online food delivery service helmed by the Alibaba Group, a reputed multibillion-dollar behemoth that dominates China's e-commerce.
• On January 11, Liu let himself in at Ele.me's distribution center in Ta...

U.S LABOR MARKET COULD SUFFER A SETBACK IN JULY; THE JOB RATE INCREASES

Highlights –

• U.S labor market could suffer a setback in July; the job rate increases.
• June recorded slight growth in the U.S economy as lockdown eases in several states.
• But growth comes with fear of the rising number of COVID-19 case...

US LABOR MARKET MAY BE AT PEAK: BUSINESS SURVEY

Highlights:

• Labor market could peak and the job growth can be slow down in 2020.
• The survey suggests that job growth in 2020 is averaged around 170,000 per month instead of 210,000.
• The slowdown in employment has been blamed on the shortage...

Manufacturers to invest $26.2 billion on "upskilling" to attract and retain employees in 2020

With a skill deficit plaguing manufacturing in a traditionally tight labor market, companies are spending large amounts of money to "upskill" their current workforce and secure a talent pipeline.

According to the Manufacturing Institute, by 2020, manufacturers are set to spend...