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Category Archives: Economy

Companies Need More Workers. Why Do They Reject Millions of Résumés?

WSJ – “Automated-hiring systems are excluding many people from job discussions at a time when additional employees are desperately needed. Companies are desperate to hire, and yet some workers still can’t seem to find jobs. Here may be one reason why: The software that sorts through applicants deletes millions of people from consideration. Employers today… Continue Reading

Bosses turn to ‘tattleware’ to keep tabs on employees working from home

The Guardian: “…Remote surveillance software like Sneek, also known as “tattleware” or “bossware”, represented something of a niche market pre-Covid. But that all changed in March 2020, as employers scrambled to pull together work-from-home policies out of thin air. In April last year, Google queries for “remote monitoring” were up 212% year-on-year; by April this… Continue Reading

Automated hiring software is mistakenly rejecting millions of viable job candidates

The Verge: “Automated resume-scanning software is contributing to a “broken” hiring system in the US, says a new report from Harvard Business School. Such software is used by employers to filter job applicants, but is mistakenly rejecting millions of viable candidates, say the study’s authors. It’s contributing to the problem of “hidden workers” — individuals… Continue Reading

This is the perfect ransomware victim, according to cybercriminals

ZDNet: “On Monday, KELA published a report on listings made by ransomware operators in the underground, including access requests — the way to gain an initial foothold into a target system — revealing that many want to buy a way into US companies with a minimum revenue of over $100 million. Initial access is now… Continue Reading

The US Budgetary Costs of the Post 9/11 Wars

20 Years of War – A Costs of War Research Series, Watson Institute of Public and International Affairs, Brown University: “The United States has appropriated and is obligated to spend an estimated $6.4 Trillion through Fiscal Year 2020 in budgetary costs related to and caused by the post-9/11 wars—an estimated $5.4 Trillion in appropriations in… Continue Reading

Edelman Trust Barometer 2021

“After a year of unprecedented disaster and turbulence – the Covid-19 pandemic and economic crisis, the global outcry over systemic racism and political instability – the 2021 Edelman Trust Barometer reveals an epidemic of misinformation and widespread mistrust of societal institutions and leaders around the world. Adding to this is a failing trust ecosystem unable… Continue Reading

Role of the Supreme Court in generating or avoiding systemic risk

Edwards, Benjamin, Supreme Risk (August 18, 2021). Available at SSRN: https://ssrn.com/abstract=3907534 or http://dx.doi.org/10.2139/ssrn.3907534 “While many have discussed the social issues that might arise because of a majority-conservative Supreme Court, one critical consequence of the current Supreme Court has been overlooked: the role of the Supreme Court in generating or avoiding systemic risk. For some time,… Continue Reading

Climate Change and U.S. Financial Regulators: Overview and Recent Actions

CRS Insight – Climate Change and U.S. Financial Regulators: Overview and Recent Actions, Updated August 26, 2021: “Under the Biden Administration,financial regulators have announced a range of new measures to address financial risks associated with climate change. The Department of the Treasury, the Securities and Exchange Commission (SEC), and the Federal Reserve have each announced… Continue Reading