144 episodes

How is your organization emerging from the pandemic? Are you returning to the office, working remotely, or trying a hybrid format? Turbine Labs’ Daily 3 minute "The Future of Work Briefing" singles out the most impactful return to work, economic recovery, and related headlines powered by our AI platform, so you are guaranteed essential information to start your day.

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The Future of Work Turbine Labs

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How is your organization emerging from the pandemic? Are you returning to the office, working remotely, or trying a hybrid format? Turbine Labs’ Daily 3 minute "The Future of Work Briefing" singles out the most impactful return to work, economic recovery, and related headlines powered by our AI platform, so you are guaranteed essential information to start your day.

Prefer to read your headlines? Try our daily newsletter, delivered straight to your inbox: https://turb.la/3ATIaEX

Curious about a different topic? Learn more about our products and services at: https://turbinelabs.com/

    Global airline seat capacity rises despite variant concerns - December 15, 2021

    Global airline seat capacity rises despite variant concerns - December 15, 2021

    DocuSign became one of the latest companies to postpone its return to office date, underscoring the uncertainty many executives are experiencing in the face of the omicron variant. DocuSign joins companies like Ford Motor, Lyft and Google in telling employees it will reassess plans in 2022. Though office occupancy across the U.S. rose to 40% this month, the reality of a full-scale reopening remains nebulous.
    Why workers shouldn't return to offices before April: Dr. Vin Gupta - CNBC
    Fidelity, Morgan Stanley prepare for continued COVID-19 concerns - Reuters
    Companies Upend Plans on Covid-19 Vaccines and Office Returns, Again - The Wall Street Journal
    @sharonodea: Morgan Stanley CEO says he was wrong on getting people back to the office.
    A new study on longevity found nearly half of children today can expect to live to the age of 100, and that over the course of 100-year-lives, most can expect to work 60 years or more. Currently, the average retirement age in the U.S. is 62. The study comes as more lawmakers throw support behind a bill that would bring a four-day work week to America. The measure is a move toward a “modern-day business model,” that aims to improve the quality of life for many workers across the country.
    More Americans see inflation as the greatest risk to retirement plans - CNBC
    You're Going to Work a Long Time. Here's How to Build in Breaks. - The New York Times
    @RickSmithShow: There's a bill in the House that has 100 cosponsors signed on that would change the 40-hour work week to a 32-hour work week. There isn't enough support yet for it to pass, but it's a start.
    Companies are scrambling to understand the “Log4j” vulnerability, a digital flaw embedded in an incredibly popular and common software tool. Over the weekend, the Department of Homeland Security discussed efforts to help private-sector partners fix the problem and urged all companies to upgrade their software. Experts hope the chaos sparks a larger conversation surrounding preparation against similar attacks in the future.
    Feds scramble to assess security flaw that threatens 'hundreds of millions' of devices - Politico
    Log4j exploits attempted on 44% of corporate networks; ransomware payloads spotted - VentureBeat
    The Log4J Vulnerability Will Haunt the Internet for Years - Wired
    Global airline seat capacity is up almost 4% this week, indicating carriers’ short-term plans haven’t been disrupted by the omicron variant. The long-term trend still remains largely dependent on potential travel restrictions. While leisure travel remains steady, corporate travel expenditures have dropped and overall, business travel remains less than a third of what it was in 2019.
    Winter holiday travel will be back with a vengeance, travel groups predict - CNN
    What pandemic? Miami airport sets Thanksgiving travel record - Associated Press
    @MoodysInvSvc: As we look towards 2022, our outlook for the global passenger airlines industry is positive. Variants will delay, not derail, recovery of global air travel demand.
    A new investigation found school enrollments across the country are declining for the second-straight year, particularly in some of the nation’s largest school systems. Educators have expressed concern over the vulnerable students who may have fallen behind amid the widespread economic and social disruption caused by the pandemic.
    “Colorado's public education system is in crisis…our students don't deserve this.” - CPR News
    Enrollment declines squeeze local school finances - Cal Matters
    Foreign student enrollment at US universities fell 15% amid COVID-19 - Pew Research Center
    "How Is Omicron Affecting Air Travel?" - The Wall Street Journal / Source: U.S. Transportation Security Administration


    CONTENT FACTS
    Turbine Labs has tracked 26,728 media articles and blogs and 18,829 social media posts over the last 24 hours.
    The next Turbine Labs Leadership briefing will be delivered on Thursday, December 16, at 9:30AM ET.
    Questions or

    • 3 min
    CDC shortens recommended quarantine time - December 28, 2021

    CDC shortens recommended quarantine time - December 28, 2021

    The Centers for Disease Control and Prevention shortened the recommended times that asymptomatic people should isolate if they’ve tested positive for COVID-19 from 10 days to five days. Scientists said staffing shortages, not only in hospitals but also in restaurants, retail and airline workforces, increased the urgency of re-evaluating isolation periods.
    Between Christmas and New Year's, doctors expect the Omicron surge to grow - CNN
    As Omicron Spreads, Governments Race to Ease Staff Shortages - The Wall Street Journal
    Omicron could force many workers who test positive to quarantine under federal mandate, intensifying labor shortages - USA Today
    Airlines have canceled more than 4,000 flights since Christmas Eve as the spread of the omicron variant of COVID-19 skyrocketed sick calls from flight crews. Airlines expect the year-end holiday period to include some of the busiest days since the pandemic began – the Transportation Security Administration screened 13.6 million people over the last week.
    Fauci says US should consider domestic flight vaccine mandate; more planes grounded - Reuters
    Hong Kong to Make Air Cargo Crew Do 3-Day Hotel Quarantine - Bloomberg
    @David_Slotnick: Delta, which was the first of the airlines to ask CDC to shorten the isolation guidelines, says it’s working to implement the new 5-day policy
    President Joe Biden pledged to ease a shortage of COVID-19 tests as the omicron variant drives up cases, conceding not enough has been done this year to expand testing capacity. Biden ordered 500 million at-home rapid tests that Americans can obtain for free, but they arrived too late to mitigate disruptions of winter holiday plans.
    The Biden Administration Rejected an October Proposal for “Free Rapid Tests for the Holidays” - Vanity Fair
    New York expands coronavirus testing as case counts continue to climb. - The New York Times
    @HannaMordoh: If you get your hands on an at-home COVID-19 test... how accurate is it? Doctors say make sure the test kit is on the FDA's approved list
    The omicron variant continues to disrupt the plans of many companies that had prepared to reopen offices for hybrid or full-time in-person work in early 2022, including Wells Fargo, Clorox and Apple. Goldman Sachs, one of Wall Street’s staunchest advocates of returning employees to offices, will make COVID-19 vaccination boosters compulsory.
    World Hits Record Daily Covid Cases as Omicron Mars Christmas - Bloomberg
    Return to office paused (again) as COVID rages: Will we ever go back? - USA Today
    NYC Tries New Approach: Vaccine Mandate for Private Employers -The New York Times
    Economists expect the omicron variant to dent the global economy in early 2022, but overall predict the year to be a transition toward normalcy. Credit- and debit-card data indicate that spending in services-related categories like airlines and restaurants remained depressed last week.
    Holiday shopping fuels the return of credit card debt - CNBC
    China Vows Proactive Moves to Stabilize Economy in 2022 - Bloomberg
    World economy to top $100 trillion in 2022 for first time: report - Reuters
    A seemingly endless line of cars waits at a drive-through Covid-19 testing site in Miami, Florida, on December 22. - Vox / Source: Joe Raedle/Getty Images


    CONTENT FACTS
    Turbine Labs has tracked 12,982 media articles and blogs and 18,027 social media posts over the last 24 hours.
    The next Turbine Labs Leadership briefing will be delivered on Wednesday, December 29, at 9:30AM ET.
    Questions or feedback? Don't hesitate to reach out to us directly.

    • 2 min
    Workplace class action settlements hit new highs in 2021 - January 4, 2022

    Workplace class action settlements hit new highs in 2021 - January 4, 2022

    The U.S. reported a record 1,082,549 new coronavirus cases on Monday, as the highly infectious omicron variant continues to spread like wildfire throughout the country. The heavily mutated variant drove the record surge, which broke the U.S. case record by almost double last week’s record of 590,000, staggeringly more than any country has ever reported. Hospitalizations are up 41% in the past two weeks but remain below the pandemic peak.
    Omicron Cases Are Hitting Highs, But New Data Put End in Sight - Bloomberg
    Free at-home COVID-19 tests: When will they be here? - CNET
    @jburnmurdoch: With a variant that spreads so far and so fast, the Omicron wave more than any other will be exceptionally good at seeking out the last few unprotected people, so even a small difference in the immunonaive share of the population could make a big difference to ICU pressure
    The U.S. Food and Drug Administration authorized the use of a third booster dose of the Pfizer COVID-19 vaccine on Monday for children ages 12 to 15 in addition to narrowing the interval for booster shot eligibility to five months from six. The approval comes as many schools scheduled to return after the holiday break decided to delay this week’s in-person learning following record COVID-19 case levels fueled by the omicron variant.
    ‘Insurmountable’: Parents Grapple With Omicron’s Upending Force in Schools - The New York Times
    @AliBaumanTV: Students are going back to school this week but many families are struggling to find a COVID test after the holidays, and then have to wait days for the results. @CBSNewYork
    @charlielangton: #NEW Detroit Public Schools @Detroitk12 will be virtual starting this week and continuing until at least January 14 due to 40% #Covid_19 infection levels. @WWJ950 @FOX2News #Detroit #schools #Infection
    Starbucks announced its 220,000 U.S. workers must be fully vaccinated against COVID-19 or undergo weekly testing starting Feb. 9 to comply with the Biden administration’s vaccine mandate going into effect next week. Employees who choose to undergo weekly testing will be responsible for acquiring their own federally approved tests and submitting results.
    The Supreme Court has upheld state and local vaccine mandates. That may not save Biden's. - CNN
    Judge grants relief to Navy SEALs who refused coronavirus vaccine, sued Biden administration - The Washington Post
    U.S. job openings are expected to have ended 2021 at a record high in a labor market where the gap between available positions and workers continues to widen. There were roughly 12 million job openings at the end of December, according to estimates, marking a 1 million increase in openings since the end of October. As the Great Resignations continues to affect the labor market, employers are gearing up to boost spending on pay in 2022, with companies setting aside an average 3.9% of total payroll for wage increases in 2022, the largest increase since 2008.
    Quitting is just half the story: the truth behind the ‘Great Resignation’ - The Guardian
    The flip side of the ‘great resignation’ — a small-business boom - NBC News
    Mapped: States are raising minimum wage - Axios
    Workplace class action settlements set a new record of $3.62 billion in 2021 compared to $1.58 billion in 2020 and $1.34 billion the year before that, according to Seyfarth Shaw’s Workplace Class Action Litigation Report. The report noted that based on volume and statistical numbers, workers scored the most success in securing certification of wage and hour class actions when compared to other areas of workplace law. The report predicts 2022 litigation trends will continue to be affected by COVID-19 in addition to an increase in government enforcement litigation.
    Morgan Stanley settles personal data breach lawsuit for $60 million - The Washington Post
    Riot Games will pay $100 million to settle discrimination lawsuit - The Verge
    "Quitting is just half the story: the truth behind the ‘Great Resignation’" - The

    • 3 min
    Youth gun violence soared during pandemic - January 5, 2022

    Youth gun violence soared during pandemic - January 5, 2022

    Upwards of 4.5 million Americans voluntarily left their jobs in November, the highest in the two decades the government has been keeping track, according to the Labor Department. Many workers are quitting to take advantage of strong employer demand to pursue more profitable opportunities. Employers posted 10.6 million job openings for the month, down from 11 million the previous month and just below July’s record. The resignations remained concentrated in the leisure, hospitality and retail trade sectors.
    Only 17% of workers say their pay has kept pace with inflation. - The New York Times
    Covid Drove Workers to Quit. Here’s Why From the Person Who Saw It Coming. - Barron’s
    @byHeatherLong: To me, this is the most alarming chart from the Great Resignation: Skyrocketing quits in health care. Doctors, nurses, aides and more are burned out and we're still in a pandemic. Healthcare quit rate: March: 2.3% April 2.5 May 2.4 June 2.5 July 2.7 Aug 2.8 Sept 2.8 Oct 2.7 Nov: 3%
    A new gauge from the New York Federal Reserve shows global supply chain pressures that have been blamed for disrupting the flow of goods and high inflation may have finally peaked. Known as the Global Supply Chain Pressure Index, the new metric suggests global supply pressures are about 4.5 standard deviations above normal but might start to moderate. The prediction comes as companies have begun testing whether the U.S. can regain some of the manufacturing output it ceded in recent decades.
    Biden hungry to squelch food inflation - Axios
    Covid-19, Inflation Make a Mess Out of Predictions - The Wall Street Journal
    @fadde: At the end of 2021, inflation hit a 40-year high of 6.8%; adjusted pay was 1.9% lower YoY; and rent growth was 17.8% (pre-pandemic rent growth was 2.6%). Inflation is affecting everyone, especially the most economically vulnerable. Lawmakers must make this the top priority.
    Officials across the U.S. have been insistent on avoiding shutting down businesses or ordering closures to contain the latest coronavirus surge, but omicron may be taking the decision out of their hands as many workers are testing positive, leading to staff shortages. To combat the spread, President Joe Biden said the U.S. will double its order for a pill from Pfizer to treat COVID infections so it has enough courses for 20 million people.
    Chicago public school classes are canceled after teachers union backs remote learning - NPR
    Hong Kong Bans Flights, Shutters Nightlife After Omicron Bursts Pandemic-Free Bubble - The Wall Street Journal
    @luckytran: Uncontrolled transmission leads to mass closures, but more chaotically and unpredictably than if we intentionally help people to work from home and implement public health measures that keep workers safe. We either control COVID or COVID controls us.
    More than a quarter of all professional job positions across North America are expected to be fully remote by the end of this year, up 18% from at the end of 2021, according to a new report from Ladders Inc. The report predicts that more than 20 million jobs will not be going back to the office after the pandemic. Many employees have grown accustomed to the more flexible working arrangements and are not willing to go back into the office full time.
    Future of Work: Computer vision and machine learning may soon bolster restaurant jobs - The Washington Post
    @Gleb_Tsipursky: To prevent work-from-home burnout, reframe your company culture and policies to remote work as the new normal. @TrainingMagUS #riskmanagement #emotionalintelligence #neuroscience
    The number of children and teens killed by gunfire has risen sharply during the pandemic, with researchers saying the increase is a product of rising nationwide homicide rates, untreated traumas of COVID-19 and a surge in pandemic gun-buying. The Centers for Disease Control and Prevention reported a 50% increase in the rate of gun death of children 14 and younger from the end of 2019 to the end of 2020 and the toll appears...

    • 3 min
    Holiday light shows combat U.S. pandemic blues - December 21, 2021

    Holiday light shows combat U.S. pandemic blues - December 21, 2021

    President Joe Biden's administration announced it will make up to 20,000 temporary H-2B visas available for foreign workers to help with the labor shortage during the winter season, a first for the Department of Homeland Security. Homeland Security Secretary Alejandro Mayorkas praised the move as the administration faced pressure from businesses to help alleviate the national labor shortage. Labor unions expressed concern over the program which they say makes it difficult for workers to escape exploitative working conditions.
    Increase in H-2B visas could ease island staffing woes - The Inquirer and Mirror
    Biden to raise number of guest worker visas, with more for Haiti, Central America - Reuters
    Bank of America told New York employees they will be allowed to work remotely during the holiday weeks as COVID-19 cases have spiked on Wall Street. The move follows similar announcements from financial giants Citigroup Inc. and Citadel, as well as Harvard and Syracuse universities, who have instructed students and staff to work remotely where possible into the January term.
    Is it time to hire a head of remote work? - Raconteur
    Some Google employees may resign if not offered flexibility over remote working - Computing
    PC monitor sales slide as remote work rush fades - ZDNet
    The Environmental Protection Agency strengthened the limit requirements for pollution coming from automobile tailpipes in a reversal of former President Donald Trump’s looser fuel standards. Under the rule, passenger vehicles must travel at an average of 55 miles per gallon by 2026. Following the announcement of the rule, some automobile trade associations warned further government support including consumer incentives and supply chain development would be needed to achieve the agency’s goals.
    New Mexico governor seeks low-carbon fuel standard - Associated Press
    Oil Prices Crash On Renewed Omicron Panic - Oilprice
    @tveitdal: New Biden rule reducing climate emissions from cars and SUVs reverses major Trump rollback The EPA regulation finalized Monday marks Bidens’s single biggest step to fight global warming. But Congress has stymied his most ambitious electric vehicle plans
    Inflation has continued to haunt low-income Americans as shoppers reported high prices for everyday products and gifts for the holiday season despite some retailers saying they expect record-breaking sales to end the year. Roughly 45% of Americans earning less than $50,000 annually have said they have had a harder time affording gifts this year.
    How Inflation Has Changed Prices—and the Menu—at One Small Business - The Wall Street Journal
    Inflation? There’s Another Explanation for Rising Housing Costs - The Washington Post
    Holiday light shows have been highlighted as a “bright spot” amid rising COVID-19 cases this holiday season as industry officials and onlookers have taken notice of their number and extravagant designs across the United States. Some experts have estimated the average budget for light shows this year to be around $500,000 with a roughly 45% increase in popup events across the United States. Event planners have said the light shows offer a fun activity for the holidays with a low risk of infection amid rising coronavirus cases.
    A man strung Christmas lights from his home to his neighbor’s to support her. The whole community followed. - The Washington Post
    How neighborhoods are helping their communities through holiday lights - ABC 57
    Omicron sweeps across nation, now 73% of new US COVID cases - Associated Press
    "Inflation squeezes holiday budgets for low-income shoppers" - Associated Press / Source: AP-NORC Center for Public Affairs Research


    CONTENT FACTS
    Turbine Labs has tracked 20,211 media articles and blogs and 22,738 social media posts over the last 24 hours.
    The next Turbine Labs Leadership briefing will be delivered on Wednesday, December 22 at 9:30AM ET.
    Questions or feedback? Don't hesitate to reach out to us directly.

    • 3 min
    Moderna says booster protects against omicron - December 20, 2021

    Moderna says booster protects against omicron - December 20, 2021

    Democratic Sen. Joe Manchin delivered a massive blow to President Joe Biden’s proposed $2 trillion spending bill over the weekend, announcing on “Fox News Sunday” that he had withdrawn his support for the legislation. Manchin’s break from the Democratic party would remove the key vote necessary to achieve a 50-50 vote in the Senate, upending the fate of the Build Back Better Act. Goldman Sachs quickly lowered its U.S. economic outlook following the news, while economists said the U.S. must brace for a tight fiscal squeeze in the new year.
    Pelosi hopeful of Build Back Better Act deal in 2022 - Axios
    What losing Build Back Better means for climate change NPR
    @kylegriffin1: In a letter to colleagues, Leader Schumer vows to bring up BBB despite Manchin's objections and "we will keep voting on it until we get something done." He adds: Every senator will have "the opportunity to make their position known on the Senate floor, not just on television."
    U.S. Treasury yields ticked lower on Monday as investors and economists grew more concerned that the omicron variant could derail economic recovery. Several European countries have imposed new coronavirus restrictions such as lockdowns, curfews and the closure of nonessential businesses to stem the spread of the new variant, while more uncertainty has prompted U.S. offices to close for in-person work.
    Omicron uncertainty prompts WEF to delay Davos summit to mid-2022 - Reuters
    Biden admin eyes a potentially stark shift in messaging around ending the pandemic - CNN
    Moderna said Monday that its coronavirus booster appears to protect against the omicron variant, sending the company's shares higher amid warnings that the new variant is “raging” through the world. While most of the world’s vaccines do offer some protection against severe illness from omicron, a growing consensus of public health experts say that those vaccines will not prevent infection. They say a new global surge not only threatens the health of vulnerable people around the world but increases the opportunity for the emergence of even more variants.
    Sens. Warren and Booker test positive for breakthrough COVID - Associated Press
    South Africa Hospitalization Rate Plunges in Omicron Wave - Bloomberg
    'It is embarrassing': CDC struggles to track Covid cases as Omicron looms - Politico
    Fear of the omicron variant is prompting some Americans to rethink their travel plans, compounding troubles for U.S. airlines as they brace for flight disruptions ahead of a new 5G cellular service slated to go live on Jan. 5. The telecom and airline industries have been in a long-lasting dispute over the new wireless signals, which air carriers say could inhibit landings in poor visibility and create a cascade of delays and cancellations.
    Israel set to ban travel to US as Covid curbs widen - France 24
    @SquawkCNBC: "People are still getting on airplanes, believe it or not," says @Jefferies Analyst Sheila Kahyaoglu on the #omicron variant's impact on travel $UAL, $AAL, $DAL. "It's scaring people and people are rerouting from international travel to domestic."
    The new installment of the Spider-Man franchise achieved a pandemic-record opening over the weekend, marking the third-best opening in cinematic history despite the spread of the omicron variant. The blockbuster success of “Spider-Man: No Way Home” comes as live-audience performances such as Saturday Night Live return to pandemic-era recordings with no audiences.
    Covid-19 Vaccine Issues Create 'General Hospital' Drama and Increased Costs on Movie Sets - The Wall Street Journal
    @carlquintanilla: “Not only did more than 20 million people leave their homes to see a blockbuster .. but they faced down the Omicron variant to do it — a reflection .. of .. pent-up desire to be part of a big cultural moment @brooksbarnesNYT
    "U.S. Economy Loses Fed, Fiscal Props After Powell-Manchin Pivots" - Bloomberg / Source: Hutchins Center on Fiscal and Monetary Policy, Brookings Institut

    • 3 min

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