Jobenomics deals with the process of creating and mass-producing startup companies and jobs.  Jobenomics’ principal focus is on citizens at the base of America’s socioeconomic pyramid with special emphasis on minorities, women, youth, veterans and other hopefuls who want to develop a skill, career and start a business.  The Jobenomics National Grassroots Movement’s goal is to help facilitate the creation of 20 million net new U.S. jobs within over the next ten years.  The Movement has an estimated following of over 20 million people via media, website, blog, and lectures.  In 2017, Jobenomics’ website received over 350,000 page views with the majority the viewers spending a half hour or more online, not counting time spent reviewing hundreds of thousands of downloads of Jobenomics nine books and research.  Today, Jobenomics has garnished wide-spread support for its economic, urban renewal, small business, and workforce development efforts.  A dozen U.S. communities have started Jobenomics initiatives led by local community leaders.

  • GDP & Jobs Report

    The August 2018 employment report is nothing to celebrate.  Jobenomics asserts that the media hoopla regarding 201,000 new U.S. jobs in August by the Bureau of Labor Statistics (BLS) is unwarranted since the U.S. labor force suffered a net loss of 445,000 citizens across the three reported BLS labor force categories: Employed, Unemployed and Not in the Labor Force.  The voluntary workforce exodus of 692,000 people (as many people as there are in major cities like Pittsburgh and Cleveland combined) ...
  • U.S. Construction Situation Report

    To say the American construction industry is booming is an understatement.  So far this decade, the U.S. Construction supersector’s 3.3% annual employment growth is the fastest growing supersector of all ten industry supersectors.  Moreover, each of this supersector’s sectors and subsectors (Construction of Buildings, Specialty Trade Contractors, and Heavy and Civil Engineering Construction) exceeded the annual rate of U.S. GDP growth by substantial margins—the only supersector to do so.  Construction industry’s wages for production and nonsupervisory workers are now the ...
  • U.S. Manufacturing Employment Report

    The U.S. Manufacturing supersector is vitally important to national sovereignty and an anchor tenant of the U.S. economy.  Re-shoring and keeping American factories in America is a worthy goal.  Even if America re-shores manufacturing jobs from foreign countries, manufacturing has limited upside employment potential due automation across the entire manufacturing value chain.  From a wage perspective, manufacturing is no longer the high-paying industry sector that it used to be, nor will it be in the future.  As opposed to looking ...
  • GDP & Jobs Report

    While U.S. GDP growth is improving significantly, the latest employment reports indicate marginal labor force improvement.  Consequently, the U.S. economy is not yet gaining enough momentum to achieve President Trump’s goal of creating 25 million new jobs and sustained 4% GDP growth over the next ten years.  On the plus side, Q2 2018 GDP growth reached a four-year high of 4.1%, U.S. stock markets are returning to historical levels, the unemployment rate remains at a near post-recession low (3.9%), and ...
  • 4.1% GDP Growth

    Bravo to the Trump Administration for achieving a 4.1% GDP growth rate in the second quarter (Q2) of 2018. The last time that the United States reached 4% in a single quarter was in Q3 2014.  Since the turn of the Century, the year 2000, out of a total of 74-quarters, only 11-quarters broke the 4% barrier.   If President Trump can achieve his goal of sustained 4% GDP growth over the next decade, the U.S. economy will boom and American ...
  • Trade War? (Updated)

    Free trade is an ideal goal.  In practice, reciprocal trade is more realistic, especially in an ever-changing global marketplace.  After WWII, the U.S. economy equated to about half the world’s Gross Domestic Product (GDP, the value of all goods and services).  For the first 3-decades after WWII, the United States could afford to assume the responsibility of rebuilding the economies of devastated European and Asian countries.  In the subsequent 4-decades, Americans acquired an appetite for cheap foreign goods and launched ...
  • Jobs & GDP Report

    The latest U.S. Bureau of Labor Statistics (BLS) and ADP Research Institute employment reports for May 2018 indicate that the United States created only 213,000 (government and private sector) and 178,000 (private sector only) new jobs respectively.  Both figures are below the job threshold advocated by most economists for robust economic growth.  In addition, the number of unemployed increased by 499,000, which was mitigated by a reduction of 413,000 citizens in the BLS Not-in-Labor-Force category (i.e., people who can work ...
  • Gig/Contingent Economy

    Even though Jobenomics estimates that the size of the U.S. contingent workforce is four-times greater than reported in the June 2018 BLS Contingent Worker Supplement, we applaud their landmark effort.  After a 12-year hiatus, this report now should be published on an annual basis to provide information for better policy-making on this vitally important topic.  Unfortunately, various news outlets are incorrectly analyzing the BLS CWS report.  For example, CNN Money[1] reported that “Gig economy jobs aren’t really taking over America’s ...
  • Jobs & GDP Report 1 June 2018

    The latest U.S. Bureau of Labor Statistics and ADP Research Institute employment reports for May 2018 indicate that the United States created only 223,000 and 178,000 new jobs respectively.  Both figures are below the 250,000 new job threshold advocated by most economists.  As reported by the Bureau of Economic Analysis (BEA), during the first year of the Trump Administration, GDP averaged 2.6%.  BEA’s second estimate for Q1 2018 is a disappointing 2.2%.  Consequently, the U.S. economy is not yet gaining ...
  • Comprehensive U.S. Labor Force & Employment Report: Q1 2018

    While highly-advertised statistics (e.g., the stock market, official unemployment rate, and consumer confidence index) suggest that the U.S. economy is booming, underlying small business, labor force and wage statistics are not doing nearly as well.  This 260-page report focuses on current U.S. labor force and employment statistics, fastest growing industries and occupations, business and job creation, economic (GDP) growth, income opportunity, contingent workers, education and training, workfare, and Jobenomics’ city and state initiatives.  Download this report, at no charge, by clicking ...
  • Business Tax on Homelessness?

    Chuck Vollmer explains why Seattle’s $275 per employee tax on local businesses to pay for the homeless is wrongheaded from urban renewal, business and homelessness perspectives.
  • Disappointing Jobs & GDP Report

    The latest U.S. Bureau of Labor Statistics and ADP Research Institute employment reports for April 2018 indicate that the United States created only 164,000 and 204,000 new jobs respectively.  Both figures are below the 250,000 new job threshold advocated by most economists.  As reported by the Bureau of Economic Analysis (BEA), during the first year of the Trump Administration, GDP averaged 2.6%.  BEA’s advance estimate for Q1 2018 is a disappointing 2.3%.  Consequently, the U.S. economy is not yet gaining ...
  • Jobs & GDP Report

    The March 2018 U.S. Bureau of Labor Statistics and ADP Research Institute reports indicated that the United States created only 103,000 and 241,000 new jobs respectively.  Both figures are below the 250,000 new job threshold advocated by most economists.  As reported by the Bureau of Economic Analysis, quarterly GDP growth declined to 2.9% in Q4 2017 from a high of 3.2% in the previous quarter.  For Q1 2018, the Federal Reserve now predicts a further GDP downturn to 2.3%.  Consequently, ...
  • US-China Trade War

    Is President Trump starting a trade war with China or is he reacting to a trade war that has been underway for quite some time?  Here is the official U.S. government data.   Decide for yourself or download this report and research the attached references. On average, U.S. trade deficits amount to about $500 billion per year.  $500 billion is the equivalent of 5,000,000 jobs per year calculated at $100,000 per job (wages, benefits, overhead).  In 2017, the net (imports versus exports) equated ...
  • International Conflict Outlook

    The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability for economic improvement, maintaining the status quo or an economic slowdown in 2018.  This assessment is based on a detailed analysis of six strategic considerations: Economy, Business, Labor Force, Governance, Domestic Disruptors and International Disruptors.  This posting deals with the economic impact of potential international conflicts and Black Swan events.  The entire 60-Page Jobenomics 2018 U.S. Economic Outlook report can be downloaded free from the Jobenomics Library. Jobenomics 2018 U.S. ...
  • International Economic Competition Outlook

    The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based on a detailed analysis of six strategic considerations: Economy, Business, Labor Force, Governance, Domestic Disruptors and International Disruptors.  This posting deals with the economic impact of potential Economic Competition with emphasis on China’s quest for dominance in the emerging digital economy.  The entire 60-Page Jobenomics 2018 U.S. Economic Outlook report can be downloaded ...
  • Jobenomics Jobs & GDP Report

    U.S. labor force added 313,000 new jobs in February, which is positive news regarding President Trump’s bold job creation goal of creating 25 million new jobs within ten years.  The President also wants to double GDP growth to 4%.  Regrettably, after two-quarters of GDP growth over 3%, U.S. GDP is again hovering around 2.5% and is forecast to remain at this level through Q1 2018.  Download complete 13-page report in the Jobenomics Library. Monthly Job Creation Rate By President Since WWII ...
  • Civil Unrest & Natural Disaster Outlook

    The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based on a detailed analysis of six strategic considerations: Economy, Business, Labor Force, Governance, Domestic Disruptors and International Disruptors.  This posting deals with the economic impact of potential Civil Unrest and Natural Disasters in the United States in 2018.  The entire 60-Page Jobenomics 2018 U.S. Economic Outlook report can be downloaded free from the ...
  • Income & Wages Outlook

    The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based on a detailed analysis of six strategic considerations: Economy, Business, Labor Force, Governance, Domestic Disruptors and International Disruptors.  This posting deals with the outlook for American income and wages.  The entire 60-Page Jobenomics 2018 U.S. Economic Outlook report can be downloaded free from the Jobenomics Library. Jobenomics 2018 U.S. Economic Outlook Matrix ...
  • Network & Digital Technology Outlook

    Domestic Disruptors: Technology.  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based on a detailed analysis of six strategic considerations: Economy, Business, Labor Force, Governance, Domestic Disruptors and International Disruptors. This posting deals with the disruption caused by emerging network and digital technologies.  The entire 60-Page Jobenomics 2018 U.S. Economic Outlook report can be downloaded free from the Jobenomics Library. Jobenomics ...
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