• Jobenomics U.S. Employment Analysis: Q3 2016

    Jobenomics U.S. Employment Analysis: Q3 2016 By: Chuck Vollmer 19 November 2016 Jobenomics reports on U.S. unemployment and employment statistics, characteristics and trends.  This 140-page Jobenomics U.S. Employment Analysis: Q3 2016 report focuses on the employed and working population, U.S. labor force gains, economic growth, income opportunity, contingent workforce, education and training, workfare, and city and state initiatives.  The top three conclusions are: Near-term economic and employment outlook is positive. Mid-term economic and employment outlook is troublesome. Long-term challenges to ...
  • 2016 State of the U.S. Labor Force

    2016 State of the U.S. Labor Force By: Chuck Vollmer 11 January 2016 Download a copy of this report at:  2016 U.S. Labor Force State-of-the-Union 11 Jan 2015 Executive Summary.  To get a true picture of the 2016 state of the U.S. labor force, one must examine all three labor force categories reported by the U.S. Bureau of Labor Statistics (Employed, Unemployed and Not-in-Labor-Force) as opposed to focusing on the “official” Unemployed rate known as the U3 rate, which represents ...
  • Consumption-Based Economy

    Download PDF Version: Consumption-Based Economy 2 Sep 2013 2 September 2013 The USA is a consumption-based economy and America is a consumption-driven society.  Neither fact is necessarily good or bad.  It is the way America has operated for a century.  The issues at hand are (1) whether America can sustain high rates of consumption in an ever changing geo-political/economic environment, and (2) what are the consequences of a reduced consumption-based economy? Consumption is an economic function that is defined as ...
  • Stock Markets and The Fed

    Download PDF Version: Stock Market and The Fed 1 July 2013 1 July 2013 US stock market performance has been phenomenal since the depths of the Great Recession.  Since March 2009, all three major US indices (Dow Jones, S&P 500 and NASDAQ) have experienced a 4 ½ year bull market as shown below—up as high as 163%. The big questions facing economists, policy-makers, opinion-leaders and investors are whether (1) this bull market will continue, (2) can the stock markets operate ...
  • Manufacturing Industry Forecast

    Executive Summary:  US manufacturing is not likely to employ significantly more Americans than it currently employs. Overview:  Manufacturing is a vital component of our economy.  Unfortunately, Americans have unrealistic expectations regarding the role of the manufacture sector in our economic recovery as well as jobs creation.  The American economy is dominated by service-providing industries that employ the 86% of all Americans. Manufacturing (part of the goods-producing sector) employs only 9%.  Correspondingly, American policy-makers and opinion-leaders do disservice to the American ...
  • Construction Industry Forecast

    Highlights of this posting: The US construction industry was one of the hardest hit industries in the Great Recession and is the second worst industry in terms of employment of the ten private sectors industries. Overall construction industry employment is down -29% with the residential sector down -42%, nonresidential (commercial building) down -23% and the non-building publically financed infrastructure/heavy construction/civil engineering sector down -18%.  The official unemployment rate for this industry is 14.2% as of June 2012.  Overall construction industry ...