Mexico’s auto-production boom is driving up labor costs

The auto industry flocked to Mexico for the inexpensive labor. Now, they’re bidding it up
http://on.wsj.com/2bvW0Xn

Manufacturers and parts suppliers are poaching workers, paying bonuses and offering perks, chipping away at the country’s low-cost advantage

The competition for employees—both finding and retaining them—is nudging up labor costs. Retention and retraining programs are becoming the norm as are bonuses for employees who agree to stay in place, especially those with valued skills. Some factories are luring recruits with perks such as a new cowboy boots. Vacancies are becoming the norm.

“We have a huge supply gap in Mexico that needs to be resolved,” says Stephan Keese, a Chicago-based partner at consulting firmRoland Berger, which works with manufacturers in Mexico. “We’ve only seen the tip of the iceberg of this shortage. Labor rates going up will be unavoidable.”

The pressure isn’t yet so severe that it is undermining the rationale for moving production to Mexico. But it is an unexpected sticker shock—labor is one of the few costs manufacturers can control—and threatens both profitability and production quality.

State Department criticizes blasphemy laws in Muslim nations

State Department criticizes blasphemy laws in Muslim nations
In its annual report on religious freedom, the State Department singled out Muslim nations as imposing harsh penalties for blasphemy and apostasy.

https://www.washingtonpost.com/world/national-security/state-department-criticizes-blasphemy-laws-in-muslim-nations/2016/08/10/48f16242-5f11-11e6-af8e-54aa2e849447_story.html

Why Some of Us Don’t Have One True Calling

Ted Talk: “Why Some of Us Don’t Have One True Calling”

Listen to it here

Newest workplace benefit for millennials: Paying down their student loans

nX0-Mypb_normal.png Quartz (@qz)
8/8/16, 7:40 AM
The newest workplace benefit for millennials: Paying down their student loans qz.com/721983

Uber to pour $500m into global mapping project

July 31, 2016 3:46 pm

Uber to pour $500m into global mapping project

Leslie Hook in San Francisco

Uber is preparing to pour $500m into an ambitious global mapping project as it seeks to wean itself off dependence …

The full article can be found at: http://www.ft.com/cms/s/0/e0dfa45e-5522-11e6-befd-2fc0c26b3c60.html?ftcamp=engage/email/emailthis_link/ft_articles_share/share_link_article_email/editorial

An unlikely alliance to connect Milwaukee job-seekers to employers

Nicaraguans are using crowdsourcing technology to prove that a good map can change your…