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Thomas Kochan

Thomas Kochan is currently Professor of Management, MIT Sloan School of Management and teaches and studies Work and Employment Relations at the MIT Sloan School of Management. For the past 40 years I have applied my research by working intensively with leaders in business, labor, and government to update labor and employment policies and practices to catch up with changes in the workforce and the economy. I just published Shaping the Future of Work (Business Educators Press, 2016) that focuses on what workers, employers, government, and educators can do to meet the needs and aspirations of the "Next Generation" workforce.

I also teach a MIT "MOOC" on line course that addresses these issues. Information about the course can be found at: https://www.edx.org/course/american-dream-next-generation-mitx-15-662x#.VNuR5bDF9IU

Here's how workers would spend the corporate tax cut – if they had a voice

Jan 30, 2018 12:09 pm UTC| Insights & Views Economy

Over 200 CEOs have said they will raise wages or give bonuses as a result of the large corporate income tax cut passed late last year by Congress. Some view their plans as simply a public relations move, others as a...

US Election Series

Election rage shows why America needs a new social contract to ensure the economy works for all

Nov 17, 2016 23:29 pm UTC| Insights & Views Politics

The recent U.S. election exposed two major intersecting fault lines in America that, if left unchecked, could soon produce an era of social and economic upheaval unlike any in our history. First, it revealed deep...

It's time we reinvented labor for the 21st century

Sep 03, 2016 10:01 am UTC| Insights & Views Politics

On Labor Day, politicians have traditionally paid lip service to the plight of the worker, whom the national holiday is meant to honor. With working-class struggles taking center stage in this years election, we will...

How to transform workers' campaign rage into better jobs and wages

Mar 25, 2016 02:12 am UTC| Insights & Views Law

The presidential campaigns deserve some credit for finally voicing some of the deep frustrations and anger felt by American workers who have lived for decades in an economy that works for those at the top but not for them...

How do we ensure the next generation of workers isn't worse off than the last?

Jan 14, 2016 04:09 am UTC| Insights & Views Politics

Discussions about the future of work are clearly in the air. This week, Secretary of Labor Tom Perez is convening a three-day symposium on the issue. Simultaneously, the Brookings Institution hosted a discussion about...

Attack on unions shows why we need a new social contract governing work

Jan 14, 2016 04:06 am UTC| Politics

The U.S. Supreme Court heard a case this week that may deal a significant blow to labor unions and shows why its vital, to my mind, to come up with a new social contract governing work. The case involves ten California...

Outlook for 2016: middle-class woes, hopeful on wages, the fear factor

Jan 04, 2016 13:35 pm UTC| Insights & Views Economy

Editors note: We asked a few of our regular writers to weigh in on what will (or should) be the key economic themes and issues of 2016 or offer their predictions. Topping the list are the worsening plight of the middle...

Economy

Gold Prices Rise as Hormuz Tensions Fuel Inflation Risks

Gold prices moved higher on Thursday, recovering from their lowest level since early August as renewed tensions around the Strait of Hormuz increased concerns over energy supplies and inflation. Expectations that the...

Oil Prices Rise as Gulf Hurricane and Middle East Supply Risks Mount

Oil prices climbed on Thursday as traders assessed potential supply disruptions from a strengthening storm along the U.S. Gulf Coast and persistent geopolitical tensions in the Middle East. Brent crude futures for December...

US-Led Coalition Targets Global Factory Overcapacity

Trade ministers from 12 G20 nations, the European Union and Poland have backed a US-led initiative aimed at tackling structural excess factory capacity and trade-distorting policies that contribute to global...

Mike Rogers Calls for End to US-Canada Tariff War

Michigan Republican Senate candidate Mike Rogers is calling for an immediate end to the US-Canada tariff dispute, distancing himself from President Donald Trump on another major policy issue ahead of next months election....

Bangladesh GDP Growth Accelerates to 4.6% on Industrial Rebound

Bangladeshs economy recorded a sharp acceleration in growth during the April-June quarter, supported by a strong recovery in industrial activity and steady expansion in the services sector, even as agriculture lost...

Politics

US Pressures Allies to Distance From Anti-Disinformation Conference

The US State Department urged Canada and European allies to distance themselves from an anti-disinformation conference after organizers included a panel examining whether the United States poses an information manipulation...

Hegseth Praises USS Abraham Lincoln Crew After Record Iran War Deployment

US Defense Secretary Pete Hegseth praised sailors aboard the USS Abraham Lincoln on Wednesday as the aircraft carrier completed an extended wartime deployment marked by intense combat operations and concerns over crew...

Tsai Warns of China’s Sustained Pressure on Taiwan

Former Taiwan President Tsai Ing-wen warned a U.S. audience on Wednesday that China is maintaining sustained pressure on Taiwan through military, cyber and economic activities designed to reshape the islands security...

Trump Backs Florida Golf Course as Presidential Retreat

US President Donald Trump on Wednesday endorsed a proposal to transform part of his West Palm Beach, Florida, golf course into a secure presidential retreat similar to Camp David. Its a great idea, and it will be used a...

Saudi Airport Attacks Kill Three as Yemen Fighting Escalates

Three people were killed and dozens wounded in attacks on airports in Saudi Arabia as escalating fighting between Yemens Iran-aligned Houthis and Saudi-backed government forces threatens regional aviation and key shipping...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Tencent Shares Fall as $5 Billion AI Bond Sale Weighed

Tencent Holdings (HK:0700) shares declined on Thursday following reports that the Chinese technology giant is exploring a potential offshore bond offering worth up to $5 billion to support its growing artificial...

Elon Musk Accuses Indian Telecom Giants of Blocking Starlink Launch

Elon Musk has accused powerful telecommunications companies in India of obstructing SpaceXs Starlink satellite internet launch, raising concerns about competition and regulatory barriers in one of the worlds largest...

Solidigm Taps Goldman, Morgan Stanley for $10 Billion US IPO

SK hynixs U.S. flash-memory subsidiary Solidigm has reportedly selected Goldman Sachs and Morgan Stanley as lead underwriters for a planned initial public offering that could raise around $10 billion. Bloomberg News...

Samsung Q3 Profit Hits Record High on AI Memory Demand

Samsung Electronics forecast its strongest-ever third-quarter operating profit as booming artificial intelligence demand continued to fuel sales of advanced memory chips, although earnings landed slightly below the higher...

Broadcom, Oracle and SpaceX Seek Billions in Private Debt for AI Expansion

Major artificial intelligence companies are increasingly turning to private debt markets to finance tens of billions of dollars in AI chips and data center infrastructure, as traditional funding sources struggle to keep...