Unfortunately, it's all too easy to make the case that most Americans will be left behind, because smart machines will end up devaluing the contribution of workers, including highly skilled workers whose skills suddenly become redundant.
An obvious limitation of the presented study is that the financial contribution of workers has been disregarded in the analyses.
For 401 k -type plans, the average contribution of workers with incomes between $120,000 and $160,000 was over $7,401 k -type, which was more than double that of workers earning between $40,000 and $80,000.
Determining the relative contribution of worker, firm, industry, and time factors to the overall employment instability is an essential step in developing training programs to counter the adverse effects of employment loss.
But in the last 10 years, the contributions of workers for family health insurance coverage have risen 128percentt — from just $1,543 a year in 1999, to $3,515 in 2009, according to the Kaiser Family Foundation.
Financed through the contributions of workers and their employers, as well as smaller contributions from the cantons and the confederation, social-security insurance provides annuities and pension allowances to senior citizens (men over 65 and women over 62) and to widows, orphans, and invalids.
It should be noted, however, that ideally one should look at total training investment, including both the contributions of firms and the contributions of workers.
The German unemployment compensation system consists of unemployment insurance benefits, financed mainly through contributions of workers and firms, and tax funded basic income support for needy unemployed persons.
Financing of the NHIS is done by a 2.5%% insurance levy as Valued Added Tax (VAT) on goods and services, 2.5 % deductions from pension contributions of workers in the formal sector with the Social Security and National Insurance Trust SSNITT) and yearly premiums paid by adults (persons eighteen years of age and above) [20].
As we return to work after celebrating the contributions of workers this Labor Day, we can't ignore the reality that the contributions of certain groups of workers continue to be devalued.
As we face one of the most anemic job markets in recent memory, the traditional idea of Labor Day -- a celebration of the "economic and social contributions of workers" -- seems anti-climatic at best.
