Here’s Why Elon Musk Wants Universal Basic Income

It has a lot of backing in the tech world.

Nov 10th, 2016

Today in Manufacturing Podcast

Today in Manufacturing Podcast

Today in Manufacturing has a new podcast brought to you by the editors of Industrial Media. In each episode, we discuss the five biggest stories in manufacturing, and the implications they have on the industry moving forward.

A hiring sign is shown in Downers Grove, Ill., Thursday, June 24, 2021. The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession.

U.S. Jobless Claims Down to 400,000 as Economy Recovers

The weekly applications have fallen from a peak of 904,000 in early January.

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How Automation Is Changing Manufacturing's Job Dynamic

While automation has brought more robots and technology into supply chains, people remain the driving force.

In a Feb. 16, 2017 file photo, United Auto Workers president Dennis Williams speaks with reporters in Detroit. The United Auto Workers union says it got $1.1 million for a lakefront house in northern Michigan that was being built for the former president who was sentenced to prison in a federal corruption probe. Cabin 4 at a UAW conference center on Black Lake was being built for Williams, who who retired in 2018 and in May was sentenced to 21 months in prison in an embezzlement scandal. The property in rural Cheboygan County was originally listed at $1.3 million. The union said it closed on the sale Friday. Spokesman Brian Rothenberg said he would check to see if the union covered its costs with the sale. Money will go to the union's General Fund, he said. “This sale rights a wrong from the past, and I want each and every one of you to know that we continue to implement ethics reforms throughout the organization,” new President Ray Curry wrote in a note to members Tuesday, July 27, 2021.

UAW Sells Jailed Ex-President's Lake House for $1.1M

The house, replete with a fireplace, wine cooler and a hidden storage room, was "subject to forfeiture,” due to law violations.

Activists appeal for a $15 minimum wage near the Capitol in Washington, Thursday, Feb. 25, 2021.

$15 Wage Becoming Common as Employers Struggle to Fill Jobs

It is hardly the official federal minimum wage, but for many lower-skilled workers, $15 an hour has increasingly become a reality.

Wolfgang Confectioners to Add 95 Jobs in PA Expansion

The 100-year-old chocolates maker is investing $3.5 million to expand its production facility in Loganville.

A hiring sign hangs in the window of a Taco Bell in Sacramento, Calif., Thursday, July 15, 2021.

U.S. Jobless Claims Rise to 419,000 from a Pandemic Low

Companies have posted the highest number of available jobs in two decades.

Manufacturing Recruiting Solution Taps Cherished Resources

This business not only serves as a salute to veterans past and present, but it also helps them thrive in civilian life.

In a Jan. 6, 2011, file photo, workers install parts on a truck on the Volvo truck assembly line at the Volvo plant in Dublin, Va.

UAW Factory Workers Ratify Deal, Will End Volvo Truck Strike

A difference of 17 votes ratified the deal.

American Express, Visa and Master card cards on display in Richmond, Va., Thursday, July 1, 2021. U.S. consumer borrowing surged by $35.3 billion in May as Americans, bolstered by a reopening economy and rising job levels, went back to using credit in a big way.

U.S. Unemployment Claims Fall to 360,000, New Pandemic Low

The Labor Department showed jobless claims fell by 26,000 last week.

Crosby Smith, care provider at Ludeman Developmental Center, a state home for the developmentally disabled, poses for a portrait near the center premise, Thursday, July 8, 2021 in Park Forest, Ill. Smith and his fiancee were among numerous staff and residents at the Ludeman Developmental Center who contracted the virus last year. He said the hazard money helped pay down credit cards and avoid further debt when buying clothing and shoes.

Bonus Pay for Essential Workers Varied Widely Across States

While some were paid thousands of dollars, others with similar jobs elsewhere received nothing.

In this Friday, June 1, 2018,, file photo, graduates are silhouetted against the green landscape as they line up to receive their diplomas at Berkshire Community College's commencement exercises at the Shed at Tanglewood in Lenox, Mass. Critics of traditional four-year degree programs say grads leave burdened with student loans and no clear path to a career. But experts say the four-year degree is still a good investment since it leads to higher overall lifetime earnings compared to workers without a degree.

Skip College? Not if You Want to Make More Money

It still puts workers at an advantage in the labor market and leads to higher lifetime earnings, on average.