Resource Depletion & Transportation News
Posted by admin on January 25, 2012 under Economic News | 
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The most disturbing story I’ve read in a good while came with Sunday’s New York Times , on why America has lost its high-tech manufacturing jobs. It focuses on Apple , which employs 43,000 in the United States, a fraction of the 400,000 Americans who worked for General Motors at its zenith
Continued here:
Jobs on jobs: They ain’t coming back
Posted by admin on January 23, 2012 under Economic News | Comments are off for this article |
A new report from IHS Global Insight for the U.S. Conference of Mayors and the Council for the New America City predicts that the Seattle metro area will have added 16,000 professional and business services jobs, “an impressive 7.2 percent rate of growth from the third largest sector in the area.” The growth is expected to continue this year: 7,000 new jobs in this sector, along with 7,400 positions in transportation and trade (on top of 5,800 last year.) “The Pacific region continues to be an attractive hot spot for skilled labor such as scientists, engineers, and software programmers, which drives employment growth in the professional and business services sector that supports them.” Even so, overall job growth this year is predicted at 1.5 percent for metro Seattle and at the end of 2012 will have recovered only 49.3 percent of jobs lost during the Great Recession
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Seattle’s strengths still mean recovery is years away
Posted by admin on January 20, 2012 under Economic News | Comments are off for this article |
“Seven hours to Iceland,” the ad on the side of the bus proclaimed. But this week, you didn’t need seven hours to reach iceland from Seattle. For all the ability to telecommute, many businesses likely suffered this week from the snowfall and ice here
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Vote: How the snow affected your business | Jon Talton
Posted by admin on January 19, 2012 under Economic News | Comments are off for this article |
Neither the drill-baby-drill lobby nor environmentalists should be taken in by the “Obama rejects Keystone XL pipeline” crawler headlines. The pipeline has been postponed, in no small measure because of the stubbornness of the company and the fossil fuels lobby in refusing to consider an alternative route that would steer clear of the most sensitive environment. I have no doubt the pipeline, bringing tar-sand oil from Alberta to the Gulf Coast of the United States, will be approved and built with minor adjustments
More here:
After Keystone, energy policy still lacking | Jon Talton
Posted by admin on January 18, 2012 under Economic News | Comments are off for this article |
Let’s not let the relatively trivial daily news-feed bury us like so much Seattle snow before pausing to note the story of the Federal Reserve’s obliviousness in 2006 to the gathering crisis. We know more about this because the transcripts of Fed meetings have been released, as required by law. As the New York Times reported , “…the officials, meeting every six weeks to discuss the health of the nation’s economy, gave little credence to the possibility that the faltering housing market would weigh on the broader economy.” You can read transcripts of the meetings here .
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How the Fed missed seeing the iceberg | Jon Talton
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If you want to check something on Wikipedia Wednesday, you’ll be out of luck. The sometimes accurate but wildly popular online encyclopedia will go black for 24 hours to protest the Stop Online Piracy Act in Congress.
Originally posted here:
The anti-SOPA protest gains steam
Posted by admin on January 14, 2012 under Economic News | Comments are off for this article |
I heard a radio-station contest to predict where the Dow will end the year. Beyond a specific number, that’s not much a challenge. We’re long past the days of “Dow 36,000″ forecasts
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Vote: How are you investing in 2012? | Jon Talton
Posted by admin on January 12, 2012 under Economic News | Comments are off for this article |
If you were fortunate enough to have a job, 2011 was a fairly good year for many employees, according to Seattle-based PayScale , which tracks quarterly nominal changes in total cash compensation for full-time, private industry employees.
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Pay grew modestly in 4Q
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Today’s news that Germany’s economy contracted 0.25 percent in the fourth quarter is pretty much all the confirmation we need that Europe is re-entering a recession. The German slide is small, but Germany is the continent’s strongest economy (for all of 2011 GDP grew 3 percent). Greece, Ireland, Portugal, Spain and Britain are already in downturns — have been, in some cases for years — with Italy and Hungary not far behind
The rest is here:
European recession
Posted by admin on January 10, 2012 under Economic News | Comments are off for this article |
Apple’s new CEO, Tim Cook, has been awarded compensation of nearly $378 million. This is 376 million times the amount made by the late Steve Jobs, who famously worked for $1 a year. To be fair, Cook will take home a $900,000 salary.
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Did Apple change its core values?
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