• Jobenomics December 2017 Employment & GDP Report

    Executive Summary.   The Trump Administration’s bold economic and job creation vision (i.e., sustained 4% GDP growth and 25 million new jobs) is progressing as planned, albeit with some bumps in the road.  As addressed in this analysis, recent employment and economic reports present a positive but mixed picture on President Trump’s progress during his first 11-months in office. Download free 13-page report. On the positive side of the economic and labor force ledger, the Bureau of Labor statistics reported that 228,000 ...
  • Q3 2017 U.S. Labor Force & Unemployment Report

    Download free 115-page Jobenomics Comprehensive U.S. Labor Force & Unemployment Report Q3 2017 – 31 October 2017.   While U.S. stock market, unemployment and consumer confidence statistics suggest that the U.S. economy is doing well, underlying economic, labor force and income/wage statistics present an entirely different picture.  This dichotomy is discussed in two comprehensive Jobenomics reports published quarterly.  Both reports take a deep dive on economic, community, business and workforce statistics, characteristics, challenges and trends. This 115-page Jobenomics U.S. Labor Force & ...
  • Q3 2017 U.S. Employment Report

    Download free 175-page Jobenomics Comprehensive U.S. Labor Force & Employment Report Q3 2017 – 31 October 2017.  While highly-advertised statistics (e.g.,  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 dichotomy is discussed in two comprehensive Jobenomics reports published quarterly.  Both reports take a deep dive on economic, community, business and workforce statistics, characteristics, challenges and trends. This ...
  • The Urban Renewal Imperative

    President Trump’s Economic Plan estimates that the Trump Administration should be able to achieve a minimum of 3.5% annual growth that will produce 25 million new jobs this decade.  Since 81% percent of all Americans reside in urban communities, the key to achieving 25 million new jobs resides predominantly with the Department of Housing and Urban Development.  Ben Carson is therefore the key to success, especially in blighted communities.  Restoration and redevelopment of blighted inner-cities is of paramount importance to America ...
  • Trump Administration’s Minimum Wage Conundrum

    President Trump’s New Economy Challenge (Part 17 of 20).   Most people perceive that minimum wage laws apply mainly to the 4.7 million fast-food industry workers.  This perception understates the serious consequences of a universal minimum wage to all businesses, the labor force and the U.S. economy.  If a $15/hour minimum wage was implemented today nation-wide for all able-bodied Americans who can work, 159 million citizens would qualify for the minimum wage threshold according to U.S. Census Bureau wage and ...
  • Lawyer at Labor’s Helm

    President Trump’s New Economy Challenge (Part 14 of 20).   One might think that the U.S. Department of Labor (DoL) main purpose would be a forward-looking organization that positions the U.S. labor force for major disruptive trends like the emerging digital economy, the contingent workforce and the massive exodus of able-bodied workers.  Unfortunately, the opposite seems to be the case.  By its own admission, the DoL “fosters and promotes the welfare” of the America’s 140 million workers and enforces several hundred ...
  • Accelerating Workforce Automation

    President Trump’s New Economy Challenge (Part 13 of 20).  The Network Technology Revolution (NTR) is defined by Jobenomics as the “perfect storm” of next-generation network and digital technologies that will (1) transform economies, (2) revamp existing institutions, businesses, labor forces and governments, (3) institute new and different ideas, beliefs, behaviors and cultures, and (4) change the very nature of human endeavor and work.   While the NTR can create tens of millions of American jobs, it can also obsolete tens of ...
  • Can President Xi Trump President Trump?

    President Trump’s New Economy Challenge (Part 12 of 20).   The Trump Administration has been rather silent regarding the emerging digital economy that will be dominated by contingent workers especially in the realm of electronic and mobile commerce.  On the other hand, the Trump Administration is vociferous on the Chinese threat to the U.S. economy and the American labor force.  A central theme of the new Administration is that the Chinese manufacturing miracle of raising 400 million urban poor out ...
  • President Trump’s Biggest Chinese Fan

    President Trump’s New Economy Challenge (Part 11 of 20).   President Trump wants to create 25 million new jobs over 10 years.  He can’t do it himself.  The private sector has to step up.  So far, a handful of U.S. manufacturing companies have stepped up offering to re-shore or retain tens of thousands of American jobs.  One company really stands out among all others and it is not even a U.S. company.  Nor is it a manufacturing company.  It is ...
  • The Trump Administration’s Digital Elephant

    President Trump’s New Economy Challenge (Part 10 of 20). President Trump’s meetings with the likes of Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Oracle CEO Safra Catz, Intel CEO Brian Krzanich, Tesla CEO Elon Musk, IBM CEO Ginni Rommety, Facebook COO Sheryl Sandberg, Microsoft CEO Satya Nadella, Alphabet (Google) CEO Larry Page, Cisco CEO Chuck Robbins, and Palantir CEO Alex Karp is a very positive first step to understanding the revolution in network and digital technologies that are giving ...
  • President Trump’s New Economy Plan?

    President Trump’s New Economy Challenge (Part 9 of 20).   President Trump is a big digital media fan as evidenced by his prolific use of Twitter and his 20 million Twitter followers.  However, the emerging digital economy has not been mentioned during his campaign or during his first several months in office.   Trump campaign’s economist estimates that the Trump economic plan would conservatively boost growth to 3.5% per year on average, well above the 2% currently projected by government forecasters, with ...
  • President Trump’s Old Economy Emphasis

    President Trump’s New Economy Challenge (Part 8 of 20).    Jobenomics deals with the economics of small business and job creation.  Consequently, having a businessman as president and a cabinet full of business executives is likely to be a big plus for businesses and the labor force.  For the most part, Jobenomics is pleased with the business orientation of the Trump Administration.  On the other hand, Jobenomics is perplexed by the lack of discussion, planning and policies regarding the revolution ...
  • Jobenomics Freedom Farms

    Background:  Jobenomics is partnered with ACTS Freedom Farms of America (FFA) to produce over 25,000 highly-scalable U.S. micro-farms, employing over 100,000 net new jobs in the next five years.  Our initial pilot projects will focus on veteran-owned businesses—one of the primary focus areas of Jobenomics.  ACTS FFA plans to start operations in early 2017 upon receipt of a $100+ million dollar investment and line of credit. Vision:  ACTS FFA is a solution to the world’s food shortage utilizing controlled-environment agriculture ...
  • 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) ...
  • 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 ...
  • 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, ...