In 2023, approximately one-fifth of the workforce was foreign-born. Of the 160.2 million people in the US workforce, and again about 29.7 million were immigrants. This is an increase from 2010 when the immigrant portions was an approximate 15.6% of the workforce. Immigrants can be employed across different industries. However, there is concentrations of immigrants […]
I watched a Nova show titled: Baltimore Bridge Collapse It got me wondering: What Ifs? The specifics I mention regarding the bridge come from this show and this Wikipedia article. We have all been hearing and asking, “what if there is another pandemic”. With the personnel/financial cuts and head of agency changes the current Republican […]
AB: I apologize as this is way too brief. Women should have and need the right to decide what is correct for themselves without dictates by outside influences. It appears the outside influences want control of the rights of women to decide and are willing to punish them for exercising that right. There’s a new […]
– by New Deal democrat Although manufacturing is of diminishing importance to the economy, (it was in deep contraction both in 2015-16 and again in 2022 without any recession), the ISM manufacturing index remains an important indicator with a 75+ year history of accurately describing that sector and forecasting it over the short term. Any […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Last week I wrote that exogenous factors – like political decisions – could have nearly simultaneous effects across all timeframes of indicators. In other words, the long and short leading indicators as well as the coincident indicators, could all react at the […]
Some Background on Molds Building molding tools is a one-off event. You spend the $tens of thousands and the tool lasts a certain amount of throughput dependent upon material molded (some being more difficult or corrosive) and care. The numbers of cavities will impact costs. Too many and it increases cost of the tool and […]
As a lifelong member of The Church of the Second Chance, I get this: “Then he calls his friends and neighbors together and says, ‘Rejoice with me; I have found my lost sheep. ‘ I tell you that in the same way there will be more rejoicing in heaven over one sinner who repents than […]
Trump posted on his pseudo-twitter site: “I will make sure the U.S. is the Crypto Capital of the World.” He announced something he calls a US crypto strategic reserve. What, exactly, is a crypto reserve? Look, I get it. Money is whatever people use as a medium of exchange and a store of value. And […]
Three charts and some explanation on net interest payments on debt for 2024 and higher in 20525 and 2026. Much of this is due to the pandemic and Biden paying out funds in support of the constituency. The result is higher interest rates as the Fed attempts to stabilize the economy and gain control of […]
Rust Belt cities reborn? – The one-handed economist Guest Post by Student Sara Pittsburgh and Detroit, known as Rust Belt cities because of their proximity to areas of heavy manufacturing, were two of the wealthiest American cities in the 20th century (Warda, 2016). Yet today, while one city is said to be a model for […]