Employers fall short on aging friendly retirement support
A Transamerica survey finds 75 percent of employers view workplaces as aging friendly, but only 54 percent of workers agree. Just 18 percent offer phased retirements and 26 percent have age-specific diversity policies. Trust in retirement comfort is low with 17–18 percent very confident. Automation and seamless 401(k) transfers may boost security.
MENTIONED IN THIS ARTICLE
Transamerica Center For Retirement Studies
Catherine Collinson
Transamerica Institute
Collinson
Employee Benefit Research Institute
UAW and GM Edge Toward Tentative Deal On Key Issues
Negotiators in Detroit worked through the weekend and into Monday as about 46,000 UAW workers press for a timely contract. Sticking points include in progression wage schedules, retirement formulas, and plant use. GM seeks four to eight year progressions with inflation, 401k and pension fixes, and plant decisions on Detroit Hamtramck Lordstown and others. The union demands U.S. built future gasoline models and questions of idled plants and potential Workhorse backed sale.
MENTIONED IN THIS ARTICLE
General Motors
UAW
U.S
Detroit- Hamtramck
Lordstown Assembly
Ohio
Warren
Baltimore
Lordstown
Workhorse
Mexico
Labor shortage grips states as job openings outpace workers
A State line analysis of June data shows 39 states with more jobs than jobseekers, led by North Carolina at 5.7 percent unfilled. High demand, aging populations, and skill gaps drive incentives to lure residents back and re-skill workers, including ex-offenders and dropouts.
MENTIONED IN THIS ARTICLE
Federal Bureau of Labor Statistics
North Carolina
Missouri
North Dakota
Virginia
Tiffany Evans
Wilmington
Florence
Evans
Andrew Berger - Gross
State Department of Commerce
Berger-Gross
NC Works Commission
Ryan Nunn
Hamilton Project
Brookings Institution
Federal Reserve Bank of Philadelphia
Markets wobble as U S China trade pact doubts loom
Stocks fell amid lingering questions on the partial U S China trade deal with investors cautious on the timing and details. Oil eased, the dollar rose, and major indices slipped while EU and Asia markets edged lower. The week centers on earnings and key data releases including Korea policy and China third quarter figures.
MENTIONED IN THIS ARTICLE
U.S
China
Donald Trump
Global Times
Peter Jankovskis
Oakbrook Investments
iShares Msci
Turkey
Trump
Asia
Treasury
Steven Mnuchin
CNBC
Mnuchin
Xi Jinping
Chile
European Union
U.K
Boris Johnson
West Texas
Jpmorgan Chase
Goldman Sachs
Morgan Stanley
South Korea
Also Mentioned on This Page
Solidarity Strong
Detroit
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