Counterproductive National Labor Relations Board

During the dark days of the recent recession, the National Labor Relations Board (NLRB) forbade Boeing from opening an aircraft manufacturing plant in South Carolina.  The South Carolina community and state government welcomed the plant, had workers with the high quality skills suited to Boeing’s Dreamliner, and had a track record of constructive relationships between […]

Productivity and Wage Stagnation

Annual wage growth has been an anemic half of one percent for American employees in the period 2007 to 2015.  In that same period, labor productivity crawled at a 1.2% pace, down from the more typical 2.6% pace during 2000 to 2007.  Wage stagnation was more intense for those in the middle income strata.  Over […]

NLRB Wastes Self Employment Jobs

In a recent decision, the National Labor Relations Board (NLRB) ruled that contract workers who unionize can negotiate with both the parent company and their direct employer.  This forces the parent company to be “responsible for workers they haven’t hired and conditions over which they have no control.”  The NLRB’s radical stance upends the long […]

ACI in Forbes: Net Regs Mean Less Investment and Jobs; Higher Taxes

Earlier this year, the Federal Communications Commission (FCC) released its open Internet order. The order imposes new Internet regulations, commonly referred to as “net neutrality regulations,” and it reclassifies the Internet from a lightly regulated information service to a more heavily regulated “common carrier” telecommunications service. That reclassification puts broadband Internet services into the same regulatory category […]

When Creative Destruction Strikes Near Home

Each month, the Bureau of Labor Statistics (BLS) reports on new jobs, unemployment and other measures about the labor force.  At least 200,000 new jobs per month are needed to keep pace with labor force growth.  But that paints an incomplete picture.  The quality of jobs created and lost each month matters a lot.  Well-paying […]

The Consumers Likely Mood in November

Consumers’ moods reflect the current and anticipated domestic economy and world events.  The actual levels of employment opportunities, paychecks and cost-of-living can either free consumers to pursue their wants or constrain them to hunker down.  Threats from abroad can worry consumers about citizens’ safety and the nation’s ability to thrive.  Since consumers take their moods […]

Consumers Still Glum Despite Job Growth

Consumer attitudes toward the U.S. economy and their place in it track many factors, but the behavior of prices and the jobs picture have oversized influence.  Consumer attitudes help guide changes in their spending, and consumer spending accounts for 70% of GDP.  The continued slump in housing prices, the loss of high paying jobs, and […]

Constructive Roles for Government

The private sector is the primary incubator for new jobs in the US, but unfortunately the pace of new hires has been disappointing since 2008.  While the recession is over, the recovery remains painful, challenged by serious budget deficits and slow private sector revenue growth.  We cannot afford a profligate spending government but there are […]

High-Tech Fuel for the U.S. Economy

A new report is out this week showing that high-tech startups account more for new job growth than the rest of the private sector. The study, just put out by the Kauffman Foundation and the technology policy foundation Engine, shows that young tech-startups accelerate quickly in growth, adding thousands of jobs and even outpacing to […]