• President Trump’s Non-Standard Workforce

    President Trump’s New Economy Challenge (Part 7 of 20).   The Department of Labor Bureau of Labor Statistics (BLS) defines the contingent workforce as the portion of the labor force that has “nonstandard work arrangements” or those without “permanent jobs with a traditional employer-employee relationship.”  The ever growing non-standard contingent workforce will consist of over 50% of the U.S. labor force overcoming today’s standard full-time workforce during the next decade.  From a Jobenomics perspective, the contingent workforce issue should be the ...
  • President Trump’s Gig Workforce

    President Trump’s New Economy Challenge (Part 6 of 20).   The Trump/Pence Campaign website page entitled, “Donald J. President Trump’s Vision on Economy” listed fifteen key issues affecting the U.S. economy.  One major issue that was not listed is the Gig/Contingent Workforce Economy that is one of the largest and least understood elements of the U.S. economy.   Today, 40% of all American workers do not have “standard workforce agreements” and make their living on a combination of part-time (a gig) ...
  • Why Work Anymore?

    President Trump’s New Economy Challenge (Part 5 of 20).  Capable adults who are neither employed nor unemployed are not in the labor force.  Those who have no job and are no longer looking for a job are counted by the Department of Labor in the Not-in-Labor-Force category.  From January 2000 to January 2017, the Not-in-Labor-Force cadre grew from 68,655,000 to 95,102,000, an increase of 26.4 million citizens who more often than not become dependent on public/familial assistance.  Today, the number ...
  • President Trump’s Small Business Plan?

    President Trump’s New Economy Challenge (Part 4 of 20).    The only way that President Trump will be able to create 25 million new jobs over the next decade is to mass-produce startup (aka small) businesses.  President Trump’s proposed tax and regulatory reductions will provide a welcome relief to small business owners who employ 78% of all Americans and created 74% of all net new jobs this decade.  However, much more should be done to mass-produce, highly-scalable small businesses, promote small ...
  • The Nexus between Jobs and GDP

    President Trump’s New Economy Challenge (Part 3 of 20).   President Trump’s vision of a “dynamic and booming economy” is one that can produce a GDP growth rate of “4% over the next decade”.  President Trump’s Cabinet has many capable business and financial executives who can make his vision a reality.  This reality ultimately depends on mass-producing business, especially small business, creation in order to generate 25 million net new jobs.  Sclerotic (0% to 2%) or recessive (negative) GDP rates depreciate a ...
  • President Trump’s “Bringing Back Jobs and Growth” Vision

    President Trump’s New Economy Challenge (Part 2 of 20).   According the White House website,  “To get the economy back on track, President Trump has outlined a bold plan to create 25 million new American jobs in the next decade and return to 4 percent annual economic growth….that starts with pro-growth tax reform to help American workers and businesses keep more of their hard-earned dollars.”  While the business acumen of President Trump and his Cabinet gives Jobenomics a sense of optimism, Jobenomics ...
  • President Trump’s New Economy Challenge

    President Trump’s New Economy Challenge (Part 1 of 20).   President Trump has outlined a bold plan to create 25 million new American jobs in the next decade and return to 4 percent annual economic growth.  Since Jobenomics deals with the economics of business and job creation, the 20 million followers in the Jobenomics National Grassroots Movement enthusiastically support such a bold plan.  To make this plan a reality, the incoming Trump Administration will have to focus not only on the old ...
  • News on Jobenomics Baltimore City’s Minority-Owned Business Plan

    Jobenomics: Baltimore City’s Minority-Owned Business Plan by: Rev. Dr. Alvin C. Hathaway Sr. Special to the AFRO November 30, 2016 Download This Article from Afro-American Newspaper  (the Afro-American newspaper is the is the leading news provider for African Americans in the Baltimore/Washington, D.C. Metropolitan area and the longest running African American, family-owned newspaper in the US.) Download Jobenomics Baltimore City Plan The Rev. Dr. Alvin C. Hathaway Sr. (Courtesy Photo) Baltimore has a long history of creating minority-owned businesses and ...
  • 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 ...
  • Jobenomics U.S. Unemployment Analysis: Q3 2016

    Jobenomics U.S. Unemployment Analysis: Q3 2016 By: Chuck Vollmer 28 October 2016 Jobenomics reports on U.S. unemployment and employment statistics, characteristics and trends.  This 70-page Jobenomics U.S. Unemployment Analysis: Q3 2016 report focuses on the unemployed and underemployed, labor force losses, economic sustainability, income inequality, voluntary workforce departures and non-working population, welfare, and the small business creation solution.  The 140-page Jobenomics U.S. Employment Analysis: Q3 2016 report focuses on the employed and working population, U.S. labor force gains, economic growth, ...
  • Jobenomics U.S. Employment Analysis: Q2 2016

    Jobenomics U.S. Employment Analysis: Q2 2016 By: Chuck Vollmer 31 July 2016 Download 100-page report at: Jobenomics U.S. Employment Analysis – Q2 2016 – 31 July 2016 Jobenomics reports on U.S. employment and unemployment size, characteristics and trends.   This Employment Analysis focuses on the U.S. labor force, business and job creation, and transformative trends—with emphasis on the 60 million workers in the rapidly growing, and underreported, contingent workforce.  The companion Unemployment Analysis focuses on how the U.S. government reports on ...
  • 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 ...
  • Minority-Owned Businesses

    Download PDF Version: Minority-Owned Businesses – 10 Jan 2014 Minority-Owned Businesses www.Jobenomics.com By: Chuck Vollmer 10 January 2014 Executive Summary.   Today, there are 6 million minority-owned businesses in the US.  Jobenomics advocates a national goal of 18 million by year 2020—a goal that is achievable and necessary.  Race and ethnicity are important elements of America’s economic equation.  Jobenomics forecasts that income opportunity (see Income Inequality versus Opportunity posting) will become a leading domestic issue as minorities assert their growing demographic, ...
  • Fastest Growing Occupations

    Download PDF Version: Fastest Growing Occupations – 22 Oct 2013 22 October 2013 As discussed in the latest monthly Jobenomics Employment Report, 84.3% of all new jobs this decade have been created in four of the thirteen US industry groups.  The fastest growing industry is Professional and Business Services with 2.131 million new jobs followed by Trade, Transportation and Utilities with 1.498 million; Education and Health Services with 1.385 million; and Leisure and Hospitality with 1.278 million for a grand ...
  • 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 ...