Items Tagged with 'Jobs'

In imposing tariffs, Trump said his goal is to reduce the trade deficit and spur more manufacturing in the United States. One year into his second term, neither goal has been achieved. In fact, the opposite occurred.

On Sept. 19, President Donald Trump signed a proclamation that adds a $100,000 fee for new applicants for H-1B visas. The administration hopes the new fee will encourage employers to prioritize hiring domestic workers, but opponents warn that the policy could backfire.

SEOUL, Korea/NASHVILLE, TN—This deal, SK On's first partnership with a Japanese automaker, contributes to U.S. manufacturing growth, supporting 1,700 jobs, and involves a $661 million investment from SK On. This investment is in addition to Nissan's $500 million investment in EV production at Canton.

The EV revolution reflects a growing desire within the auto industry to be more sustainable.

A poll asked Koreans what they would prefer to be: an automotive assembler with a high school degree earning a good salary or an office worker with a liberal arts degree earning less. Some 76 percent chose the automotive job.

On Oct. 1, longshoremen went on strike for the first time in nearly 50 years. The main sticking point was, of course, money. Also high on the list of issues is the use of automation in the ports and its impact on jobs.

Fairfax, KS—General Motors (GM) recently announced plans to lay off 1,695 workers at its Fairfax Assembly plant in Kansas, as outlined in a Worker Adjustment and Retraining Notification (WARN) notice in mid-September.

ANN ARBOR, MI—Contrary to popular belief, electric vehicles are not eliminating jobs in auto assembly plants, according to research conducted by the University of Michigan.

BADEN-WURTTEMBERG, Germany—According to ETMM, A Bosch representative told Deutsche Presse-Agentur that the company currently expects up to 560 jobs to be cut by the end of 2026.

With the calendar turning to December and the countdown to 2024 almost upon us, I wanted to recap my articles from the past year and their key takeaways.