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Thomas Kochan

Thomas Kochan

Thomas Kochan is currently Professor of Management, MIT Sloan School of Management and teaches and studies Work and Employment Relations at the MIT Sloan School of Management. For the past 40 years I have applied my research by working intensively with leaders in business, labor, and government to update labor and employment policies and practices to catch up with changes in the workforce and the economy. I just published Shaping the Future of Work (Business Educators Press, 2016) that focuses on what workers, employers, government, and educators can do to meet the needs and aspirations of the "Next Generation" workforce.

I also teach a MIT "MOOC" on line course that addresses these issues. Information about the course can be found at: https://www.edx.org/course/american-dream-next-generation-mitx-15-662x#.VNuR5bDF9IU

Here's how workers would spend the corporate tax cut – if they had a voice

Jan 30, 2018 12:09 pm UTC| Insights & Views Economy

Over 200 CEOs have said they will raise wages or give bonuses as a result of the large corporate income tax cut passed late last year by Congress. Some view their plans as simply a public relations move, others as a...

US Election Series

Election rage shows why America needs a new social contract to ensure the economy works for all

Nov 17, 2016 23:29 pm UTC| Insights & Views Politics

The recent U.S. election exposed two major intersecting fault lines in America that, if left unchecked, could soon produce an era of social and economic upheaval unlike any in our history. First, it revealed deep...

It's time we reinvented labor for the 21st century

Sep 03, 2016 10:01 am UTC| Insights & Views Politics

On Labor Day, politicians have traditionally paid lip service to the plight of the worker, whom the national holiday is meant to honor. With working-class struggles taking center stage in this years election, we will...

How to transform workers' campaign rage into better jobs and wages

Mar 25, 2016 02:12 am UTC| Insights & Views Law

The presidential campaigns deserve some credit for finally voicing some of the deep frustrations and anger felt by American workers who have lived for decades in an economy that works for those at the top but not for them...

How do we ensure the next generation of workers isn't worse off than the last?

Jan 14, 2016 04:09 am UTC| Insights & Views Politics

Discussions about the future of work are clearly in the air. This week, Secretary of Labor Tom Perez is convening a three-day symposium on the issue. Simultaneously, the Brookings Institution hosted a discussion about...

Attack on unions shows why we need a new social contract governing work

Jan 14, 2016 04:06 am UTC| Politics

The U.S. Supreme Court heard a case this week that may deal a significant blow to labor unions and shows why its vital, to my mind, to come up with a new social contract governing work. The case involves ten California...

Outlook for 2016: middle-class woes, hopeful on wages, the fear factor

Jan 04, 2016 13:35 pm UTC| Insights & Views Economy

Editors note: We asked a few of our regular writers to weigh in on what will (or should) be the key economic themes and issues of 2016 or offer their predictions. Topping the list are the worsening plight of the middle...

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Economy

German bunds jump ahead of February manufacturing, services PMI

The German bunds jumped during early European session Wednesday as investors wait to watch the countrys manufacturing as well as services PMI for the month of February, both scheduled to be released today by 08:30GMT...

USD/INR likely to head for 65.00 mark amid intensifying risk aversion arising from India’s widening trade deficit, says Scotiabank

The USD/INR currency pair is expected to head for the 65.00 mark amid intensifying risk aversion arising from Indias widening trade deficit, the PNB fraud, and rising 10-year U.S. Treasury yield, after rallying through the...

New Zealand bonds end higher after dairy prices fall at GlobalDairyTrade price auction; eyes on Q4 retail sales

New Zealand government bonds ended Wednesdays session on a higher note after dairy product prices declined at the overnight GlobalDairyTrade auction, sliding for the first time this year after three consecutive...

Australian wage growth picks up in Q4, driven by rise in public sector wages

Australias wage growth finally looks to be picking up, posting the first upward surprise since Q4 2013. The strength was concentrated in public sector wages but some catch-up in private wages in Q1 this year is expected as...

Japanese bonds trade nearly flat as investors eye January inflation data

Japanese bonds traded nearly flaton Wednesdayas investors eyed January consumer inflation data scheduled to be releasedon Thursdayat23:30GMT. Also, the market now look ahead to the marquee event for the week in...

Politics

Hunger in the lucky country – charities step in where government fails

The non-profit organisation Foodbank released its report Fighting Hunger in Australia this month. Like earlier research it reported that around 15% of Australians experienced food insecurity an extraordinary figure...

For black celebrities like Oprah, it's impossible to be apolitical

Oprah Winfreys rousing Golden Globe speech has many speculating whether the media mogul will become a presidential candidate in 2020, with some pundits questioning the merits of another celebrity president. But to...

Politicians are inflating the evidence used to justify tax increases

Chris Doucouliagos, Professor of Economics, Department of Economics, Deakin Business School and Alfred Deakin Institute for Citizenship and Globalisation, Deakin University Many government policies are flawed because...

GOP tax plan doubles down on policies that are crushing the middle class

The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than ones parents, and retiring in comfort are all hallmarks of a middle-class...

What does Ramaphosa's victory mean for South Africa's economy?

A great deal is expected from Cyril Ramaphosa who was elected as the president of South Africas governing party, the African National Congress (ANC). This positions him to become the countrys president in 2019. Sibonelo...

Science

UBI Helps People Be More Productive And Work More, Study Claims

The topic of universal basic income (UBI) has been a hot-button issue among economists, financial experts, legislators, and tech industry giants for years. Some say that it will increase productivity while others claim the...

Startup Raises $250M To Use Placenta To Extend Life And Cure Cancer

Companies have been trying to unlock the secrets to regenerative medicine for years and one startup just raised $250 million by intending to use human placenta to do so. The company believes that using the disposable...

Ozone Layer Update; Not Recovering As Expected For Unknown Reasons

In the late 90s, the issue regarding the hole in the ozone layer was big in the public consciousness, but it quickly faded in light of a new gigantic threat in the form of climate change. In recent years, scientists have...

Early Britons Had Dark Skin And Curly Hair, Research Claims

Most people have gotten used to the idea that the British Isles have always been populated with light-skinned, straight-haired humans that are predominantly found in todays UK. However, research indicates that this was...

Scientists Wants To Use Poison As Male Birth Control

The pharmaceutical industry or indeed the drug market has historically used a variety of organic substances and resources to create medicine for various applications. Several poisonous plants, for example, have been turned...

Technology

UN Chief Wants A Geneva Convention For Cyber Warfare

Over the decades, member countries of the UN have agreed to certain stipulations related to the matter of war. Basically, certain practices are to be banned and there are rules to be observed, particularly with regards to...

More Signs Of Spotify’s Hardware Ambitions Crop Up

While Spotify did build its business as a software entity, signs that it plans on selling hardware have become more and more apparent. Now, several job descriptions posted by the company are adding a tank of fuel on this...

Doom Gets Motion Control On The Switch, Follows Splatoon Formula

Motion controls have always been a tricky subject in the video game industry. So far, Nintendo has been the reigning king in this arena, what with its excellent Wii hardware. With the Switch, the company has taken things...

Amazon Uses Cashback To Increase Whole Foods Shopping By Prime Members

When it was announced that Amazon was buying Whole Foods, many wondered what changes the merchant giant would implement. As it turns out, not that much, at least for now. One of Amazons more major moves with regards to the...

This SSD Can Hold Up To 30TB Of Data, Props To Samsung

With digital media eating up more and more space, the need for bigger storage has been at the forefront of tech companies strategies in developing various products. In the case of Samsung, it recently unveiled an SSD that...
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February 21 09:30 UTC Released

GBPSNCR, MM GBP

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-26.379 Bln GBP

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25.13 Bln GBP

February 21 09:30 UTC Released

GBAvg Earnings

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2.5 %

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2.4 %

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2.4 %

January 31 00:00 UTC 3081230812m

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January 31 00:00 UTC 3081230812m

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2016 bln ARS

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January 22 19:00 UTC 4263242632m

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-1541 %

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January 22 19:00 UTC 4263242632m

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-1541 %

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2016 bln ARS

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January 31 00:00 UTC 3081230812m

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2016 bln ARS

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January 31 00:00 UTC 3081230812m

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2016 bln ARS

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