Smart policies are good, but oil is better

How Texas and North Dakota won the recovery.

If you want to understand how to create hundreds of thousands jobs at once you just need look to Texas and North Dakota. Together, these two states account for a little more than 8 percent of the country’s population — about one in 12 people. But they’re also responsible for 20 percent of net new jobs since the end of the recession. And, crucially, they account for “more than 100 percent of the increase in U.S. [oil] production since 2009,” James Hamilton writes.

 

 

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Who ends up being long-term unemployed?

The long-term unemployed tend to be people who 1) are a little bit older, and 2) got laid off from their last job.

The economic recovery officially began a little over four years ago. But there are still over four million people who are long-term unemployed. That’s four million people who can’t find work even after looking for six months or more — four million people who can’t even get companies to look at their resumes anymore.

 

 

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Brick and mortar stores are back, same-day delivery service is the reason

Traditional retailers who have retained their national chain of stores and built a web/mobile presence are actually in the best seat.

Shoppers are demanding faster and faster delivery on the items they order online, and organizations like Amazon and eBay have conditioned them to think that’s reasonable.

And you know what? It is.

 

 

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Chief Transformation Officer is the new CTO

The new CTO  – Chief Transformation Officer.

IT leaders today have known about the exponential growth of processing power, storage, and bandwidth, but they didn’t notice the the changes that have been happening over so many decades. These three change accelerators are what lie behind today’s avalanche of business transformation, and they are directly affecting the roles of CIO and CTO.

 

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Young businesses destroy more jobs than they create except in the tech industry

Young tech companies create more jobs than they destroy.

There is some cause for alarm in the startup world. On the whole, young companies destroy more jobs than they create. That’s because so many of them fail.  But there is some solace: Young tech companies create many more jobs than they destroy, even taking into account a high failure rate.

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6 reasons why half of us may soon be freelancers

Shane Snow and his cofounders started Contently in 2010 because they saw the world of journalism shifting. Where newspapers and magazines once provided stable, salaried jobs for reporters, writers and editors, they now largely shun fixed costs for an employment model that relies on an increasing percentage of freelancers.

 

 

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More over-50’s starting their own businesses

With pensions shrinking, many retired people are starting a small business.

At 63, entrepreneur Sam Taylor was retired.  All of his life he had worked hard.  He had a company that floated on the stock market and made enough money to live a life of leisure in southern Spain. So why, eight years later, did he swap sipping sangria’s in the sun for starting an online art business in his native Scotland?

 

 

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Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
Unlock Your Potential, Ignite Your Success.

By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

Learn More about this exciting program.