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The return of jobs and manufacturing plants from China to Mexico and the U.S. as China's competitiveness declines.
Linked Articles
Made in China Is Getting Expensive
Wall Street Journal 08/10/2012
China's Export Pain May Be Mexico's GainWall Street Journal 02/06/2012
Kodak Labs scientists continue to look for new applications for its patents and technologies at Eastman Kodak Park in Rochester, New York. A more successful effort at reviving the company in the face of technological obsolescence was made by its rival Fuji Films in Japan since 2000.
Linked Articles
At Kodak, Clinging to a Future Beyond Film
New York Times 03/20/2015
Fujifilm Thrived by Changing FocusWall Street Journal 01/20/2012
Linked Articles
Chinese Car Makers Struggle to Lure Buyers
Wall Street Journal 04/21/2014
Car Makers Gauge Shift In China's Auto PolicyWall Street Journal 01/06/2012
Linked Articles
Red Flags said to Go Unheeded at Chase
New York Times 05/14/2012
The Fed's Mission ImpossibleWall Street Journal 12/29/2011
Linked Articles
Honda CEO Rethinks Car Maker’s Priorities
Wall Street Journal 12/05/2014
Honda Revs Up Outside JapanWall Street Journal 12/21/2011
Harvard labor economist Lawrence Katz says the long term unemployed who are dropping out of the labor market represent one of three job crises facing America. The other two are the effects of manufacturing automation reducing demand for workers in new plants, and the effects of foreclosures and debt.
Linked Articles
Piecing Together the Job-Picture Puzzle
Wall Street Journal 03/12/2012
The Next First (and Only) 100 DaysNew York Times 12/10/2011
Linked Articles
The Next First (and Only) 100 Days
New York Times 12/10/2011
Hope and Change: Part TwoNew York Times 11/07/2012
Large institutional buyers such as insurance companies and pension funds have exited the market for Italian and Spanish government bonds creating a great deal of instability in the market and pushing up yields as aresult fo the fear factor. The need for the ECB to take up large scale purchase of bonds to induce these longterm buyers to return to the market and restore a measure of confidence. The June 28 summit authorized the rescue fund, the European Stability Mechanism (ESM or EFSF) to make these purchases, but experts say it has only 248 billion euros and needs to go back to markets for additional funding.
Linked Articles
Return of Long-Term Bond Buyers Seen as Crucial to Europe
New York Times 06/29/2012
A Euro Crisis Deal EmergesWall Street Journal 12/02/2011
Linked Articles
Terrorism Response Puts Belgium in a Harsh Light
New York Times 11/24/2015
Belgium Agrees to Stay TogetherWall Street Journal 10/12/2011
A Better Way. The question of who was more humane in their response is one for the public in a nation of immigrants. Bush and Reagan stood up for the state paying for illegal immigrant children getting schooling in the straightforward honest way to a difficult question in the primary debates years ago. There is no empty rhetoric when Bush says he does not want 6-8 year old children to live in fear and deprived of an education thinking they were living outside the law. And Reagan points out that rather than talk of putting up a fence lets work out our mutual problems with Mexico. The elder Bush goes further and stands up for immigrants in a way that the country has not seen for a long, long time. "They are good, strong people," he says, and "part of my family is Mexican."
Linked Articles
Wall Street Journal 09/29/2011
More Deportations Follow Minor Crimes, Records ShowNew York Times 04/06/2014
Linked Articles
Washington Post 12/25/2015
Tallying the Toll of U.S.-China TradeWall Street Journal 09/27/2011
Proposals for reducing U.S. unemployment in 2012-2014 from experts with different perspectives of how the U.S. economy functions.
Linked Articles
Long-Term Unemployment Carries Risks for U.S.
New York Times 11/26/2011
Not More of the SameNew York Times 09/06/2011
A new Romney administration would create 2.3 million jobs in 18 months according to Romney economc advisor Glenn Hubbard.
Linked Articles
Glenn Hubbard: The Romney Plan for Economic Recovery
Wall Street Journal 08/01/2012
Not More of the SameNew York Times 09/06/2011
Linked Articles
Move Over Mao: Beloved ‘Papa Xi’ Awes China
New York Times 03/07/2015
Heartland Return for Chinese LeaderWall Street Journal 01/31/2012
Linked Articles
Wall Street Journal 04/22/2012
New Tensions Over AMR's Pension Plan: Company Says Retiree Benefits Could Be CutWall Street Journal 01/13/2012
Linked Articles
Jobs Data May Be Icing on America's Birthday Cake
Wall Street Journal 07/03/2014
Strong ADP Jobs Gain Needs Grain of SaltWall Street Journal 01/05/2012
Critics say the Democratic Party of Japan should have invested efforts in its election promises to cut wasteful spending. Polls show a majority of Japanese oppose the doubling of the sales tax to 10%.
Linked Articles
Vote Ensures Japan Will Double Sales Tax to 10%
Wall Street Journal 06/27/2012
Tokyo's Move to Raise Tax Hits SnagWall Street Journal 12/27/2011
Including the long term unemployed who quit working after months of furitless searching gives a better sense of the real level of unemployment in the U.S. Reconciling the Establishment Survey with the Household Survey using the third measure developed by the Labor Department which adjusts for multiple jobs held by one person and self employed farm workers, and adjusting for weather conditions, also helps give a better picture.
Linked Articles
Number of the Week: Did U.S. Actually Shed 195,000 Jobs in July?
Wall Street Journal 08/04/2012
Wonkbook: The real unemployment rate is 11 percent - The Washington PostWashington Post 12/12/2011
It is becoming harder to reduce unemployment with the larger use of automation and robotics in today's new plants creating fewer jobs than in the past.
Linked Articles
Man vs. Machine, a Jobless Recovery
Wall Street Journal 01/17/2012
The Next First (and Only) 100 DaysNew York Times 12/10/2011
Contrasting experiences, problems and new approaches.
Linked Articles
Wall Street Journal 05/29/2013
The Next First (and Only) 100 DaysNew York Times 12/10/2011
Shift in choices by graduates during U.S. campus recrutiing by companies.
Linked Articles
Wall Street' Latest Campus Recruiting Crisis
New York Times 03/15/2012
A Blow to Pinstripe AspirationsNew York Times 11/22/2011
A move away from coal used for electricity supplies towards nuclear energy. The increase planned is from 11 gigawatts of nuclear energy in 2012 to 40 gigawatts by 2015 and 60-70 gigawatts by 2020. Five nuclear energy projects will be planned at a cost of $27 billion with financing help from a Shanghai IPO offering in 2012.
Linked Articles
China Nuclear Firm Plans Up to $27 Billion IPO
Wall Street Journal 06/06/2012
China Marches On With Nuclear Energy, in Spite of FukushimaNew York Times 10/10/2011
Linked Articles
Boeing Teams Speed Up 737 Output
Wall Street Journal 02/07/2012
Boeing Revs Up for DreamlinerWall Street Journal 09/27/2011
Linked Articles
Empathy and Angst in a German City Transformed by Refugees
New York Times 09/11/2015
Pope Visits Venerated Lutheran MonasteryNew York Times 09/24/2011
Katz suggest a number of steps including a subsidy for companies creating new jobs. A form of this subsidy is used in Germany with the "kurzarbeit" program which preserves jobs in a downturn. Katz reminds us that there are three job crises facing America- long term unemployed not reflected in government unemployment figures, effects of foreclosures and debt, and the impact of automation with lower job creation in manufacturing. A sustained andmultipronged approach over a number of years is needed and no single panacea or misguided optimism will work.
Linked Articles
The Next First (and Only) 100 Days
New York Times 12/10/2011
Help Displaced WorkersNew York Times 09/06/2011
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