Upward mobility has fallen sharply in US: study

In a sign of the fading American Dream, 92 percent of children born in 1940 earned more than their parents, but only half of those born in 1984 can say the same, researchers said Monday.

Japanese increasingly single, disinterested in dating: study

In Japan, the proportion of the population who are single has increased dramatically in the past three decades. In 2015, one in four women and one in three men in their 30s were single, and half of the singles say they are ...

When employees leave their jobs, coworkers call it quits

People leave jobs all the time, whether they're laid off, fired, or just quit. But how do their departures affect coworkers left behind? According to a new study from the UBC Sauder School of Business, those exits can lead ...

Artificial intelligence, the future of work, and inequality

One of the most spectacular facts of the last two centuries of economic history is the exponential growth in GDP per capita in most of the world. Figure 1 shows the rise (and the difference) in living standards for five countries ...

Ensuring cash supplies in crisis and emergency situations

The demand for cash increases in times of crisis since many people consider banknotes and coins to be a particularly safe way to keep money. Moreover, cash is the only instrument of payment that is largely independent of ...

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