The World Bank continues to maintain its forecast that global growth will improve to 2.7 percent this year, citing a pickup in manufacturing and trade, improved market confidence and a recovery in commodity prices.
A mobile phone manufacturer that already utilizes automated production lines, Changying Precision Technology Company in China. The manufacturing facility employed 650 employees, company has embarked on the "Robot Revolution" and now employs just 60 employees, robots performing the tasks of rest of the human workers. Company states that full implementation will result in the entire operation being supported by no more than 20 employees.
Recovery of tourism in Europe and China's growing domestic demand will continue drive year-over-year growth of the luxury goods. Sales are projected to grow by 3 to 4 percent through 2020 .....
China's economy posted a strong performance in Q1 helped by retail sales, urban investment, and industrial output. April numbers and predictions for the rest of the year do point to a slow down for the world's second largest economy.
Recent technology transformation has had a major impact on what skills hiring managers are looking for in employees. Understanding what skills the top hiring managers are looking for it critical to landing a desired career.