Job sprawl stalls in metropolitan areas.
As policymakers and regional leaders work to grow jobs and connect residents to economic opportunity following the Great Recession, where jobs locate matters. The location of employment within a metro area intersects with a range of policy issues—from transportation to workforce development to regional innovation—that affect a region’s long-term health, prosperity, and social inclusion.
Latest data says 2.16 million people have quit their jobs.
Americans are voluntarily quitting their jobs at the highest rate since the pre-recession era, according to the Job Openings and Labor Turnover Survey — known as JOLTS — published by The Bureau of Labor Statistics.
Continue reading… “Number of Americans quitting their jobs at the highest rate in five years”
The average CEO makes more in an hour than his or her average employee makes in a month.
The rise of extreme income and wealth inequality is one of the biggest crises in the American economy. One of the causes of the wealth inequality is the bizarre consensus that, when it comes to the pay scales of the people at the top, there’s no such thing as “too much.”
Continue reading… “The average CEO makes 380 times as much as the average employee”
Marina Gorbis, author of The Nature Of The Future: Dispatches From The Socialstructed World, argues we are moving away from the depersonalized world of institutional production toward a new economy built on social connections and rewards–a process she calls socialstructing.
Continue reading… “The currency of the future will be your reputation”
American adults who have a job (or are looking for a job) has fallen to its lowest point since 1979, hovering around 63 percent. Thirty-seven percent of working-age Americans aren’t working. But, what are they doing? Bloomberg Businessweek gives us a snapshot of 2013 with this amazing infographic above.
Continue reading… “37 percent of working-age Americans aren’t working, but what are they doing?”
The fewer workers, the less growth produced.
In the United States millions of people have gone missing from the workforce. Every month that those would-be workers are gone raises the odds that they might never come back, dimming the prospects for future economic growth.
Continue reading… “The mysterious vanishing workforce in America”
During the post-recession years, each generation of Americans have suffered in its own way. The only age group that has managed to go the past year without reducing its unemployment rate is the 20-to-24-year olds.
Continue reading… “20-somethings are the only age group with higher unemployment than a year ago”
Apple’s iOS App Store has seen incredible growth and has doubled its payouts to developers (now totaling over $8 billion) and sparked the creation of over 80,000 new jobs directly related to building software for Apple’s mobile platform within the last year.
Continue reading… “80,000 new jobs in the U.S. created by Apple’s iOS app economy in 2012”
Small business is an American cultural icon. Companies with fewer than 500 employees account for almost two-thirds of net new jobs and generate 13 times more new patents per employee than large ones do. But optimism among these enterprises is at its lowest levels in almost 20 years. If the US economy had generated as many start-ups in the Great Recession’s aftermath as it did in 2007, the country would have almost 2.5 million more jobs.
Continue reading… “Small business is big”
Night lights
How is light distribution of light across the planet changing over time? Light produced by a society is closely correlated with its economic status. Rich developed countries tend to be brighter at night than poor developing ones.
Continue reading… “Economic shift to the east revealed in global night light patterns”
Share everything
At Union Kitchen in Northeast Washington, D.C., the “equipment library” contains some of the more mundane artifacts of the modern “sharing economy”: an oversized whisk, a set of spatulas, ladles, chopping knives, sheet pans and tongs. It is also know as “collaborative consumption,” and is more often associated with the big-ticket items that have given the concept such bemusing cachet. Suddenly, it seems, people are casually lending and borrowing cars, bikes, even brownstones. But this basic kitchenware, hanging in a 7,300 square-foot warehouse, reveals the reaches to which all this sharing could ultimately expand, as well as the reasons why it will have to.
Continue reading… “The sharing economy – the way we consume has changed forever”
College graduates who are unemployed and have had to move back in with their parents have become a stock figure of the past few years and is helping to cement the Millennials’ reputation as the “Boomerang Generation.” How many of these graduates are returning to live with mom and dad ((or their aunt or uncle)?
Continue reading… “Exactly how many college graduates live back at home?”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.