Middle class jobs vanish in wake of recession
Five years after the Great Recession, millions of middle class jobs are lost in developed nations. Experts warn most will never return as technology replaces both factory and service sector roles, with software and machines handling tasks once done by humans.
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AP Photos
Las Vegas
Associated Press
New York
China
Developing Countries
Prairie principal to step down
The College Community School Board will vote on Mark Gronemeyer’s resignation at a special meeting scheduled for noon today. The action follows discussions about leadership and school operations impacting the district.
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College Community School Board
Mark Gronemeyer
Hispanics to surpass whites in California by 2014
Demographic projections indicate Hispanics will equal whites in California by mid year and exceed them by early 2014. The shift reflects ongoing changes in the state’s ethnic composition and birth rates.
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California
Hawkeyes Top Lions 76 67 as McCaffery Starts Basabe
The Hawkeyes defeated the Lions 76 to 67 with Fran McCaffery starting Messahn Basabe and his plan paying off. The game kept pace through the first half before Iowa pulled away in the second.
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Lions
Fran McCaffery
Messahn Basabe
Cleveland Park eyed for new recreation center site
Cedar Rapids councilwoman Ann Poe says a city task force favors locating the replacement Time Check Recreation Center at Cleveland Park the 8.6 acre site at 1600 Eighth Ave SW near First Avenue West. The group has spent a year seeking a flood safe home for the demolished center and will focus on this option.
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Cedar Rapids
Cleveland Park
Ann Poe
Eighth Ave
First Avenue
Poe
Technology boosts efficiency replacing middle class jobs in developed nations
The AP analyzes 20 countries over four decades showing tech cuts in manufacturing and expanding use in services. Robots and software boost profits while reducing payrolls. vulnerable workers include repetitive task roles such as accountants and paralegals. Union rules slow but do not halt automation.
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Associated Press
Standard & Poor
Wasendorf Sr. receives 50 year sentence in court
Former Peregrine Financial founder Rus sell Wasendorf Sr. was sentenced to 50 years after pleading guilty. He told the judge the punishment fits his actions and reflected on losing his son and grandchildren. The remarks were reported by Trish Mehaffey.
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Peregrine Financial
Russell Wasendorf Sr
Wasendorf
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