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The New Future Of Work 50, The ‘Child Care Cliff’ And Cleveland Cavaliers’ CEO Talks Diversity

Nov 13, 2023 - forbes.com
The Future of Work newsletter from Forbes discusses the latest trends in the workplace, including the impact of unions, labor and employment issues, and childcare challenges. The newsletter highlights the recent successes of unions in securing better contracts for their members, the increasing importance of AI training in the workplace, and the ongoing struggle for working parents to balance their jobs with childcare needs. It also mentions a $25 million settlement by Apple over hiring discrimination accusations and a $1.2 million settlement by Robert De Niro’s production company over gender discrimination and retaliation claims.

The newsletter features an interview with PwC’s Chief Future of Work Officer Mike Fenlon, who discusses the rise of roles like his, the importance of AI training for everyone, and the increasing focus on the employee experience at work. He also talks about the CEO Action pledge, a commitment from over 2,400 CEOs to advance diversity, equity, and inclusion, and the impact of political controversy on companies’ commitments to these issues. The newsletter concludes with a quiz on the highest-paying blue-collar jobs.

Key takeaways:

  • Forbes' Future of Work newsletter discusses the latest trends in the workforce, including the rise of AI, the impact of climate change, and the importance of labor rights.
  • Unions have been successful in negotiating better contracts for workers in 2023, with the SAG-AFTRA union and the Culinary and Bartenders Unions reaching agreements with major companies.
  • Apple has agreed to pay up to $25 million in back pay and civil penalties to resolve accusations of discrimination against U.S. citizens and permanent non-citizens in hiring.
  • Child care is a major issue for working Americans, with as many as 100,000 people forced to stay home each month due to child care problems. This results in $122 billion in lost productivity, earnings, and revenue.
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