Economics

Employment by CIty Sector, Challenges Ahead for Downtowns

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New Census Bureau employment data indicates that most job creation in the nation’s 53 major metropolitan areas (over 1,000,000 population) continues to be in the suburbs and exurbs. This article describes employment (job) locations by urban sector, using the City Sector Model (described in the Note Figure 4, below). The source of the data is “County Business Patterns, which is published annually for every zip code in the nation, which is unlike the American Community Survey, which uses a five-year period to cover all areas of the nation.  read more »

Neo-Feudalism in California

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From the beginning, California promised much. While yet barely a name on the map, it entered American awareness as a symbol of renewal. It was a final frontier: of geography and of expectation.
—Kevin Starr, Americans and the California Dream: 1850–1915  read more »

Racism and the Working Class

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When I tell other middle-class professionals who don’t know me well that I’m writing a book about working-class culture, it’s amazing how often they respond approvingly that “white racism” is an important subject.  My reaction, depending on the circumstance, ranges from embarrassment to rage.  read more »

Highest Salaries for Software Developer Remote Work (Metro Areas)

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COVID-19 lockdown and social distancing strategies have led to a huge increase in the number of people working at home (working remotely). According to Gallup, by mid-April, 62% of US employees were working at home. Further, Gallup found that about half of the remote workers preferred to continue working from home, with another quarter interested in remote working out of pandemic fears.  read more »

A New Age of Feudalism for the Working Class?

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In the past, fears of job losses from automation were often overstated. Technological progress eliminated some jobs but created others, and often better-paying ones. In the early days of the high-tech revolution, many of the pioneering firms—such as Hewlett-Packard, Intel, and IBM—were widely praised for treating their lower-level workers as part of the company and deserving of opportunities for advancement, as well as benefits including health insurance and a pension.  read more »

Back to the Drawing Board?

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The global response to the impact of the Coronavirus seems consistent in at least one respect: everything we previously took for granted is now up for grabs. Long held truisms, established patterns of corporate and individual behaviour, doctrinal teachings, professional articles of faith – nothing is immune from Covid-19 induced change.  read more »

The Rebellion of America's New Underclass

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Like so many before them, our recent disorders have been rooted in issues of race. But in the longer run, the underlying causes of our growing civic breakdown go beyond the brutal police killing of George Floyd. Particularly in our core cities, our dysfunction is a result of our increasingly large, and increasingly multi-racial, class of neo-serfs.  read more »

Economy Loses Jobs Equal to Metro New York, Los Angeles, Chicago, and DFW

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Map of counties in the United States that have imposed stay-at-home orders

The economic distress resulting from the COVID-19 pandemic and strategies to limit its spread have been substantial. The most intense effects have been inflicted on the estimated 26 million workers who have lost their jobs, either temporarily or permanently. Many businesses may not be able to recover, while others may never be restored to their previous employment, as customer revenues take years to recover.  read more »

Police Violence, George Floyd, and Renegotiating the American Social Contract

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It's time to put the current protests revolving around the Minneapolis police killing of George Floyd in the appropriate emotional and historical context. More importantly, it's time to consider what comes next.  read more »

Coronavirus: Why California's Small Businesses May Not Survive

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Whatever the medical benefits achieved from the prolonged coronavirus lockdown, California’s small business community will be suffering severe symptoms, likely for decades to come. The state’s small entrepreneurs, particularly in poorer areas, face major readjustments and perhaps obliteration, a situation further complicated for some by damage stemming from the protests over the killing of George Floyd.  read more »