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Compass Articles:
Displaying 4 of 3264 articles
After Decades of Outsourcing, Manufacturing Jobs Return to US
Technology and Innovation
May 15, 2012
Source: Global Post( May 6, 2012 )
After years of pain for America’s manufacturing sector and its workers, some economists and analysts are wondering if the tide may be turning. Call it “re-shoring” or “rebalancing” or just “revenge,” but the dynamics of global labor, transportation and productivity costs that eviscerated American manufacturing over the past decade have begun to shift again. Over the past few years, some key American manufacturers have either brought jobs back to the US from Asia and Latin America, or have made important decisions not to relocate them in the first place.
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Behind the Strong U.S. Export Numbers
Globalization
May 15, 2012
Source: Businessweek( May 10, 2012 )
The latest U.S. trade figures (PDF) showed a surprising surge in non-oil imports in March, a sign that American consumers are spending more. Just as surprising—and more encouraging from the U.S. point of view—was the 2.9 percent growth in exports, to $186.7 billion for the month. That’s the highest value of U.S. exports ever. “The export numbers are encouraging,” says Millan Mulraine, senior U.S. strategist for TD Securities in New York. “They show that global activity is stronger than we thought and demand is better than expected.”
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Economic Mobility of the States
Community & Quality of Life
May 15, 2012
Source: Pew Center on the States( May 10, 2012 )
Economic Mobility of the States, released by Pew’s Economic Mobility Project, is the first time research has identified where in the country Americans are more likely to move up or down the earnings ladder. Eight states, primarily in the Mideast and New England regions, have higher upward and lower downward mobility than the nation as a whole, while states in the South have consistently lower upward and higher downward mobility.
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The Credential Differential
Workforce
May 15, 2012
Source: Center for Law and Social Policy( April 2012 )
Failure to prioritize investments in postsecondary education will leave states and the nation short millions of credentials in the coming decades and will cost the nation billions and each state millions of dollars. These conclusions are based on projections from an interactive online Return on Investment Dashboard developed by the Center for Law and Social Policy (CLASP) and the National Center for Higher Education Management Systems (NCHEMS). The dashboard uses Census Bureau, National Center for Education Statistics, and Department of Education data to project the short- and long-term effects of either maintaining the status quo in postsecondary education participation and credential attainment or increasing investments.
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