Higher Minimum Wages Bring Automation and Job Losses, Study Suggests

An anonymous reader shares a report via email: As of the start of the year, 19 U.S. states had raised minimum wages, dramatizing a long simmering debate: Do minimum wages kill jobs, and make the working class worse off in the end? Or do they simply make them a little richer, with little or no loss to overall employment? In a new paper, economists Grace Lordan of the London School of Economics and David Neumark of UC Irvine parse 35 years of census data and come down on the worse-off side: For lower-skill jobs like bookkeepers and assembly-line workers, they say, higher minimum wages encourage employers to automate — according to their calculations, a $1 increase can cost tens of thousands of jobs nationally. Read more of this story at Slashdot.

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Higher Minimum Wages Bring Automation and Job Losses, Study Suggests

Seattle’s $15 Minimum Wage May Be Hurting Workers, Report Finds

As companies look for ways to cut costs, Seattle’s $15 minimum wage law may be hurting hourly workers instead of helping them, according to a new report. From a USA Today article: A report (PDF) from the University of Washington (UW), found that when wages increased to $13 in 2016, some companies may have responded by cutting low-wage workers’ hours. The study, which was funded in part by the city of Seattle, found that workers clocked 9 percent fewer hours on average, and earned $125 less each month after the most recent increase. “If you’re a low-skilled worker with one of those jobs, $125 a month is a sizable amount of money, ” Mark Long, a UW public-policy professor and an author of the report told the Seattle Times. “It can be the difference between being able to pay your rent and not being able to pay your rent.” Read more of this story at Slashdot.

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Seattle’s $15 Minimum Wage May Be Hurting Workers, Report Finds

Just 14 People Make 500,000 Tons of Steel a Year in Austria

An anonymous reader shares a Bloomberg Businessweek feature: The Austrian village of Donawitz has been an iron-smelting center since the 1400s, when ore was dug from mines carved out of the snow-capped peaks nearby. Over the centuries, Donawitz developed into the Hapsburg Empire’s steel-production hub, and by the early 1900s it was home to Europe’s largest mill. With the opening of Voestalpine AG’s new rolling mill this year, the industry appears secure. What’s less certain are the jobs. The plant, a two-hour drive southwest of Vienna, will need just 14 employees to make 500, 000 tons of robust steel wire a year — vs. as many as 1, 000 in a mill with similar capacity built in the 1960s. Inside the facility, red-hot metal snakes its way along a 700-meter (2, 297-foot) production line. Yet the floors are spotless, the only noise is a gentle hum that wouldn’t overwhelm a quiet conversation, and most of the time the place is deserted except for three technicians who sit high above the line, monitoring output on a bank of flatscreens. “We have to forget steel as a core employer, ” says Wolfgang Eder, Voestalpine’s chief executive officer for the past 13 years. “In the long run we will lose most of the classic blue-collar workers, people doing the hot and dirty jobs in coking plants or around the blast furnaces. This will all be automated.” Read more of this story at Slashdot.

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Just 14 People Make 500,000 Tons of Steel a Year in Austria

Language App Duolingo Finally Added Japanese and It’s Great

Duolingo is one of the best free ways to get started learning a new language, and they’re finally answering the pleas of wannabe polyglots everywhere by adding Japanese to their curriculum. Sugoi! Read more…

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Language App Duolingo Finally Added Japanese and It’s Great

Over 560 Million Passwords Discovered by Security Researchers in an Anonymous Online Database

A trove of more than 560 million login credentials has been exposed by a leaky database, researchers revealed on Tuesday, including email addresses and passwords stolen from as many as 10 popular online services. Read more…

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Over 560 Million Passwords Discovered by Security Researchers in an Anonymous Online Database

Today’s Massive Ransomware Attack Was Mostly Preventable—Here’s How To Avoid It

Ransomware may be mostly thought of as a (sometimes costly) nuisance, but when it hinders the ability of doctors and nurses to help people with an emergency medical problems, that qualifies as armed robbery. Read more…

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Today’s Massive Ransomware Attack Was Mostly Preventable—Here’s How To Avoid It

Scientists Finally Know What Makes These Weird Glass Droplets So Incredibly Strong

Something unusual happens when a drop of molten glass falls into water. As it cools, it creates a crystal clear tadpole-like droplet that’s bulletproof on one end, but impossibly fragile on the other. We’ve known about these droplets for 400 years, but scientists have only recently figured out what makes them almost… Read more…

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Scientists Finally Know What Makes These Weird Glass Droplets So Incredibly Strong

Today’s Massive Ransomware Attack Was Mostly Preventable—Here’s How To Avoid It

Ransomware may be mostly thought of as a (sometimes costly) nuisance, but when it hinders the ability of doctors and nurses to help people with an emergency medical problems, that qualifies as armed robbery. Read more…

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Today’s Massive Ransomware Attack Was Mostly Preventable—Here’s How To Avoid It