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Michael Popke is a freelance writer based in Madison, Wisconsin. He previously was a daily newspaper reporter and then an editor at several business-to-business magazines. His debut novel set in the Midwest is being shopped to publishers.
In May, artificial intelligence led all reasons for job cuts for the third month in a row.
Workers age 55 and over now comprise nearly a quarter of the workforce.
AI is now the leading area in which employers anticipate policy changes.
As AI becomes more pervasive, CEOs are under increasing pressure to rethink how leadership teams operate.
Only 34% of the world's workers said they are thriving.
Those who would consider returning would demand at least a 20% pay increase to make the switch.
Communication breakdowns and lack of trust in leadership impact productivity, retention and compliance.
When AI strategy isn't connected to everyday work through goals, adoption stalls and executive ambition fails to translate into results.
The report indicates workers in San Jose, Calif.; San Francisco; and New York City lose the most time value, exceeding $12,000 annually.
The CED urges policymakers to remove barriers that drive differences in labor force participation.