The Russian president has signed legislation that raises the retirement age in Russia and introduces criminal liability for unreasonably refusing to hire a person of pre-retirement age or unreasonably dismissing such a person. https://goo.gl/biLXD7
Can Robots Replace Humans? Just Ask Elon Musk
#ICYMI: In the latest phase of the Industrial Revolution, robots and humans are working together, each to their strengths, and learning from the failures of leaders who bought into automation too soon and too fast. https://goo.gl/M16QoF
Paltry Pay Raises? The Money May Be Going to Benefits
#ICYMI: To hire good workers and keep them happy, U.S. employers appear to be relying on benefits, such as bonuses and vacation time, more than on salary increases. https://goo.gl/C5Wd4K
U.S. Unemployment Drops to Lowest Rate in 50 Years
#ICYMI: Unemployment in the U.S. fell to 3.7 percent in September—the lowest since 1969, according to the Bureau of Labor Statistics (BLS). The low jobless rate, down from 3.9 percent in August, is further evidence of a strong economy—employers added 134,000 new jobs in September, extending the longest continuous jobs expansion on record at 96 months. The continued gains run counter to economists’ expectations for a significant slowdown in hiring as the labor market tightens. https://goo.gl/Vg9kRW