Category: "employment"

Technological Change - Nobody Really Knows What Is Coming

August 10th, 2017
in employment, macroeconomics

by Elliott Morss, Morss Global Finance

Introduction

We hear endlessly that technology is advancing at an ever-increasing rate. But for the most part, we just plod along in our current life paths. Thinking back, I remember learning how to use a slide rule and typing my college thesis.

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Rising Job Tenure and Its Tradeoffs

June 15th, 2017
in employment

by Timothy Taylor, Conversable Economist

Given the tumultuous changes in the US economy in recent years, I would have guessed that average "job tenure"--that is, the average time that someone with a job has held that job--was declining. My guess would have been wrong. Henry R. Hyatt and James R. Spletzer present the evidence that job tenure has been mostly on the increase since about 2000 in "Shifting Job Tenure Distribution" (U.S. Census Bureau, Center for Economic Studies, May 2016, CES 16-12R).

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Angst in America, Part 7: The Angst of the Millennial Generation

May 12th, 2017
in demographics, employment, macroeconomics

by John Mauldin, Thoughts from the Frontline

“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.”– John Adams, 1826

“The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.”– Adam Smith

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Men Without Work

March 29th, 2017
in employment, macroeconomics

by John Mauldin, Thoughts from the Frontline

I have been promising a review of Nicholas Eberstadt’s very important book, Men Without Work: America’s Invisible Crisis.  The book is relatively short at 216 pages, but it is packed with meaty facts and insights.

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Angst in America, Part 1: Aimless Men

March 21st, 2017
in employment, macroeconomics

by John Mauldin, Thoughts from the Frontline

“America was not built on fear. America was built on courage, on imagination and an unbeatable determination to do the job at hand.” – Harry S. Truman

“Unemployment is a weapon of mass destruction.”– Dennis Kucinich

“Depression Breadline,” 1991, by George Segal

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