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.That bounce is set to repeat itself, with Amazon's latest hiring boom touting an average starting wage of $18. While Democratsfailed earlier this year to lift the minimum wagefor the first time in 20 years, Amazon's expansion is shifting the de-facto floor above the party's $15 target.
"I don't think people appreciate the extent to which Amazon puts a wage floor in a community," Tum Duy, chief economist at SGH Macro Advisors, wrote in a Tuesday."It's the first thing employers think about when a new Amazon facility arrives in town."
Building the next-generation 'factory town'By dramatically expanding its footprint, Amazon could form a new kind of"factory town" that would further lift the country's working class, as Conor Sen, an economics columnist at Bloomberg, headtopics.com
wrote Thursday."Maybe these highway warehouse communities with jobs that pay increasingly respectable wages are what the future of the working class looks like."The phrase"factory town" recalls those that dot Michigan, connected to automotive giants Ford, General Motors, and Chrysler, which molded the state in the early 1900s as their factories became economic hubs and birthed new cities. Where the industrial titans brought jobs, workers and other businesses followed. Amazon's huge warehouse plans offer a 21st-century parallel.
Data shows Amazon hubs already powering stronger economic growth. In Amazon's top 10 metro areas, job creation averaged -0.4% in the three years before the company's entry,CNBCreported in 2018, citing Morgan Stanley research. In the three years after its first facilities opened, local job growth averaged 1.9%.
Some cities saw even larger jumps. In the Phoenix area, job creation rose to 2.5% from -6.3%. The Riverside-San Bernardino-Ontario region of California saw growth of -0.8% surge by 8.5% after Amazon opened several warehouses and sorting facilities.The booms also extended beyond Amazon's own employees. The cities' transportation, warehousing, and utilities sectors — the last of which includes no Amazon hires — saw job growth outperform by 3.6%, according to Morgan Stanley.Read more: Business Insider »
Water levels jump back up in West after long drought
Lakes Tahoe, Oroville and Yosemite Falls reported increased water levels.
End billionaires, multinationals, neoliberalism and corporate personhood. These parasites only act now because they are desperate.
Amazon Signs First-Look Deal with ‘Sylvie’s Love’ Star and Producer Nnamdi Asomugha Amazon Studios has closed a first-look deal with Nnamdi Asomugha, who produced and starred in the Amazon film “Sylvie’s Love,” as well as his company iAm21 Entertainment. Asomugha will develop and … Nnamdi!
The Best Hot Sauces on Amazon, According to Hyperenthusiastic ReviewersIncluding a sauce that one reviewer says is “hotter than hell itself.” I don't get the appeal of super-hot sauce. I'd sooner have a sauce rich in spices and flavour that doesn't cause pain and a stomach ulcer.
16 Hilarious Reviews Left By Some Very Sentimental Amazon Customers“Bad product plzz don’t buy it delivery boy is a selfish person”
This surprisingly common interview mistake can cost you the job, according to a top Amazon recruiterThis surprisingly common interview mistake can cost you the job, according to a top Amazon recruiter. (via CNBCMakeIt) MakeIt nice MakeIt DJ Cabeen quoted in this article is one of the reasons why recruiters are so often despised. If someone accidentally let a “swear” word slip I wouldn’t write them off. Can’t wait for robots to fully replace “HR”. MakeIt Recruiter here: This is a dumb fucking article. No one gives a shit about cursing (context being key)
'Livestreaming in an Amazon World' Panel Set for 2021 Billboard Latin Music Week. Guaynaa_ and DimeloFlow will join Erik Bankston, Joshua Mendez and Cristina Martín to discuss gaming, livestreams & more partner presented by amazonmusic at BillboardLatinWeek. Details:
The Best Things From Amazon Fashion Brands Right Now13 things we’re shopping.