Thomas Smith

17,000 AT&T workers have been on strike for three weeks. Here's why.

NPR  online

2024-09-05

About 17,000 AT&T workers in the southeast are still on strike after the Communications Workers of America union withdrew from negotiations over a new contract.
Internet service technicians, customer service representatives, and thousands of other workers in nine states—Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee—walked off the job after contract talks stalled last month.

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How much is an early presidential primary worth? Georgia hopes $1 billion

NBC news  online

2023-04-13

Early presidential nominating contests have given states like Iowa and New Hampshire prestige, national attention and outsize political importance — but how much is that actually worth?
While White House hopefuls and the swarm of reporters covering them spend millions during primary season, the promises candidates make to win over voters can be worth much more, as evidenced by support for federal ethanol rules that have created a guaranteed market for Iowa corn farmers.
Georgia, a battleground state, now has an opportunity to reap those kinds of economic benefits.

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Playbook PM: Case ‘close’: Biden downplays leak significance - POLITICO

Politico  online

2023-04-13

Playbook PM: Case ‘close’: Biden downplays leak significance
By GARRETT ROSS
04/13/2023 12:58 PM EDT
Presented by
New details are spilling out on the source of the massive leak of classified Pentagon documents.
In a major seven-bylined report, NYT scoops that the “leader of a small online gaming chat group where a trove of classified U.

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Inflation Drives Up Cost of Easter Dinner in the U.S. (VIDEO)

Scripps News  online

2022-04-17

Inflation is continuing to drive up food prices at the grocery store, and that means your Easter dinner might have cost you more this year.
The Easter ham many Americans will be cooking is up 14%, and many other staples, like flour and butter, are up in price as well.

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A record amount of Americans are quitting their jobs due to pandemic burnout

CBS Evening News  online

2021-10-22

"Done with a cubicle. I'm done commuting. I'm done sitting in an office," said professor Tom Smith, who studies the pandemic's labor market trends at Emory University's business school in Atlanta.

When asked why he thought people were making the leap now, Smith said, "Maybe the looking at the craziness in the eye and coming out on the other end made people reevaluate how much risk is actually involved."

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A record amount of Americans are quitting their jobs due to pandemic burnout - CBS News

CBS News  online

2021-10-22

A record 4. 3 million Americans quit their jobs in August alone.

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Why are so many people leaving their jobs during 'The Great Resignation'?

11Alive  online

2021-09-15

Tom Smith of Emory’s Goizueta Business School said many have used the pandemic as a time to reflect.

“Some people are thinking they don’t need the rat race,” said Smith. “They don’t need to get up at 6 a.m. and deal with Atlanta traffic, drive an hour to sit in a cubical.”

With all of the changes brought on by the pandemic, workers believe there are job opportunities waiting elsewhere.

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The Great Resignation Could See Half the Nation's Workers Changing Jobs

Nasdaq  online

2021-09-01

“It's time to re-evaluate compensation and work environment,” says Tom Smith, a professor at the Goizueta Business School at Emory University. “If your workforce is hesitant to get back into the office then perhaps it's time to implement a flex schedule. Employees have a lot of choice right now. … Workers are looking for flexibility - and companies that are willing and able to provide that flexibility will have a better path going forward to attract and retain the best employees.”

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How the new Georgia census data will shape the future of the state's politics

CBS46 News  online

2021-08-13

Emory University Professor Tom Smith believes it will impact most politicians.

“Marjorie Taylor Green’s district vs. Lucy McBath, I mean the way those districts are drawn may be slightly modified due to how the population is presenting itself inside of Georgia,” Smith said.

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How is the Delta Variant Affecting the Return to the Office?

Nasdaq  online

2021-07-23

Still, say experts, that likely won’t put an end to the push to reopen businesses. But it could slow things down some.

“This is not an emergency break action, just a tapping of the brakes,” says Tom Smith, associate professor in the Practice of Finance at Emory University’s Goizueta Business School.

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Georgia governor to sign bill allowing college athletes to be paid

News Nation  tv

2021-05-06

College athletes in Georgia could start making money next season. Gov. Brian Kemp is scheduled to sign HB 617 Thursday, allowing student-athletes to be paid if their name, image or likeness is used.

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Georgia governor to sign bill allowing college athletes to be paid | NewsNation

NewsNation  online

2021-05-07

AUGUSTA, Ga. (NewsNation Now) — College athletes in Georgia could start making money next season.

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Unemployment, job growth show signs of improvement following a historic year

FOX 5  online

2021-04-23

Tom Smith has decades under his belt as an economist and he says even for him, the last year or so has been quite unpredictable.

Smith is a finance professor at Emory's Goizueta Business School.

"It's the first time in recent history we've had such a global disruption to supply chains, markets, and the way that consumers are thinking about goods and services," Smith said.

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US unemployment claims fall to 547,000, another pandemic low

NewsNation  online

2021-04-22

“At any other time if we had seen you know 500,000 plus people filing for unemployment claims we’d say that’s insane that’s crazy that’s just too huge of a number,” said Emory University finance professor Dr. Tom Smith.

He stressed though that the number is encouraging, but the larger picture still shows concern.

“Our labor force participation rates haven’t increased and so we have to be careful with any kind of long run trend prediction,” stated Smith.

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Georgia’s New Voting Laws

NBC LX  tv

2021-04-16

Featuring Tom Smith

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Q&A: All Star Game Pullout Has $50M to $150M Impact on Georgia, Emory Prof Says | Georgia Public Broadcasting

Georgia Public Broadcasting  online

2021-04-07

In the days following the passage of Georgia's controversial new elections law, the Major League Baseball All-Star Game has relocated to Colorado and boycotts are being discussed for major Georgia corporations including Coca-Cola, Home Depot, and Delta.
GPB's Sarah Rose spoke with Emory economics professor Tom Smith about the impact boycotts could have on the state and those working here.

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Voting rights groups have an ally in the fight against GOP voter suppression

MSNBC  tv

2021-04-02

Featuring Tom Smith

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Voting rights groups have an ally in the fight against GOP voter suppression

MS NOW  online

2021-04-02

Welcome to our new website
MSNBC has a new name: MS NOW. To avoid missing out on your favorite content, set ms.

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Georgia becomes top 10 exporter state as manufacturing rebounds

AJC.com  online

2021-02-22

As the pandemic hit, orders dropped at Winton Machine in Suwanee, chilled by confusion and uncertainty.
The 23-year-old maker of fabrication equipment — machines that make tubular parts for other machines — has buyers ranging from the corporate like General Electric to the military like the U.

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No more checkout lines? Kroger tests smart carts that let you scan items as you shop

Miami Herald  online

2021-01-21

Kroger is experimenting with a new way to save customer’s time, make trips to the grocery store more convenient, and potentially eliminate the need for checkout lines.
The KroGO shopping cart comes equipped with a checkout screen, allowing shoppers to scan items as they browse — and even weigh produce.

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Business could be on the precipice of an automation explosion | Fortune

Fortune  online

2021-01-17

Automation is hardly a new threat to workers. Long before the arrival of COVID-19 disrupted businesses, many manufacturing executives were already changing how their companies assembled products, and other industries were considering following suit.

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Amazon headquarters decision: It’s not Atlanta

AJC  online

2018-11-13

“I am very disappointed,” said economist Thomas Smith of Emory University. “If your kid doesn’t get into Harvard, do you say, ‘Well, at least we won’t have all those expenses.’”

Still, metro Atlanta’s economic future is bright, he said. “We’ve still got some juice.”

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Atlanta returns $1.3 million in unspent workforce development money

The Atlanta-Journal Constiution  online

2018-10-24

The skill sets of those who can use workforce training can vary greatly, said Tom Smith, a finance professor and economist at Emory University’s Goizueta Business School. In some cases, Smith said, potential workers have to be trained about how to write a resume, interview, dress for work or respond to superiors. In other cases, the training can be job-specific, such as teaching database entry or welding. He said the training can help anticipate areas where jobs may be going away, to prepare workers for the positions that will replace the ones they have.

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Want To Buy A House, Atlanta? Here’s Minimum Income To Do So

WABE  radio

2016-09-02

But economist Tom Smith with Emory’s Goizueta Business School says: this change is good. Or, more accurately, it’s neither good nor bad. It simply indicates the economy re-balancing itself after the recession.

Just after the housing market bubble collapsed, he says, metro Atlanta saw a typical pattern: “Rental rates start to climb, and the mortgage that you’d be required to have a house, would start to fall. Then they catch back up once the economy starts going in a good direction, and I think that’s what you’re seeing here, as well.”

He adds that when it comes to costs of living, a snapshot like this survey shouldn’t be mistaken for the big picture.

“Look at the cost of gasoline. Look at the average number of minutes commuting to or from your job to see how we fare, in terms of our overall standard of living, not just the rental costs or the mortgage costs.”

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How to Solve the Gender Wage Gap in International Soccer

Time  online

2015-07-22

As I watched the Women’s World Cup final recently with my family, my 11-year-old son, who plays on a local soccer team, remarked that he was amazed at how quickly and how often the U.S. team scored.

“Seriously, Dad, teams don’t just score like that in soccer.”

Of course, he was right. The match set a record for most combined goals scored in a FIFA final for either men or women. It’s that level of action and excitement that made the game the most-watched soccer event in U.S. history.

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Greece, like Wahlberg in The Gambler, just needs a friend — and a new currency

The Conversation  online

2015-07-08

On Sunday, the citizens of Greece voted No on the country’s referendum to accept a package of money in exchange for further austerity measures.

Now what?

Every armchair economist from Iowa to the Aegean Sea has an answer and opinion, including, as it happens, me.
Although I’m an actual economist, I’m thinking about the events of Greece as they relate to the plot of a recent movie, The Gambler, starring Mark Wahlberg. It occurred to me that Greece is just like Wahlberg’s character Jim Bennett.

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Unemployment and Jobs

GPB Media  radio

2014-12-19

Lies, damn lies, and statistics. Tom Smith, of Emory’s Business School, discusses the seemingly contradictory report on Georgia’s unemployment rate, after more than 23,000 new jobs were created in November.

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Fewer jobs in September keeps state jobless rate up

Atlanta (WXIA)  tv

2014-10-21

"Unemployment stats reveal quite a bit about the economy and is one of the key indicators of what's happening in the economy," said Smith of Emory's Goizueta Business School.

"No single statistic ever tells the whole story." Dr. Smith added.

Deal has pointed to job creation statistics. Since Deal became governor, state data shows Georgia created more than 283,000 new jobs . But the loss of 2800 jobs in September kept the state's unemployment rate on the ugly side, Smith said. Democrat Jason Carter, who is running against Deal, called the jobless rate "absolutely unacceptable."

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GOP Senate Candidate David Perdue: ‘Don’t Worry About That Unemployment Number’

The Huffington Post  online

2014-08-26

In a recent interview with WXIA in Atlanta, Emory University labor economist Tom Smith also explained that the unemployment rate may stay high even if more jobs are created.

“If you have growth in the number of job opportunities, sometimes this can bring people out of the woodwork,” said Smith. “So people who were not in the labor force enter into the labor force. And as a result you can have upticks in the unemployment rate as your economy is starting to take off.”

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Replacement refs bad business for NFL?

CNN  tv

2012-09-07

On the other side of the coin, sports economy experts like Dr. Thomas Smith of Emory University see Goodell as someone just doing his job. He says the commissioner shouldn't be judged by either this lockout or the previous player lockout.

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'Moneyball' for football? Not likely

ATLANTA (WXIA)  tv

2012-02-04

"Unlike baseball, in football you can win from the defense, and you can score points from the defense," said Emory Economics professor Thomas Smith. "Unlike baseball, football has special teams; and so what happens is you have way too many moving parts to try and dissect it... to try and break it down to an atomic level that's really easy to manage. It's very difficult to piece together a winning team the way that the Oakland A's did."

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American Economy is Better Than You Think

Emory University  tv

2011-06-06

Despite the poor job-creation numbers and rise in unemployment, the American economy is actually growing. Goizueta Business School at Emory University Labor and Finance expert Tom Smith says you need to look at the overall trends rather than month-to-month.

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Money for Roads not Reducing Unemployment

CBS News  online

2010-01-11

"As a policy tool for creating jobs, this doesn't seem to have much bite," said Emory University economist Thomas Smith, who supported the stimulus and reviewed AP's analysis. "In terms of creating jobs, it doesn't seem like it's created very many. It may well be employing lots of people but those two things are very different."

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MSN Real Estate  online

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