[FRIAM] Economic Health?

[Marcus Daniels]

I wonder if Amazon has a plan to downsize its workforce.   I would think in principle fulfillment centers can largely be automated.  As cities are approved for self driving cars (everywhere in San Francisco in training) that will be another big cull.   I suppose that’s why they have education programs so that people will want to leave in a few years.

On Jun 7, 2022, at 9:00 AM, Steve Smith <sasmyth at swcp.com> wrote:


On 6/7/22 12:22 AM, glen wrote:

https://wallethub.com/edu/states-with-the-best-economies/21697

Top 5 in "Economic Health" are red states. But my guess is all we'll hear about from those states for this election is how bad the economy is. Economic Health is defined as:

Unemployment Rate: Double Weight (~4.30 Points)
Underemployment Rate: Half Weight (~1.08 Points)
Change in Nonfarm Payrolls (2021 vs. 2020): Full Weight (~2.15 Points)
Change in Total Civilian Labor Force (2021 vs. 2020): Full Weight (~2.15 Points)
Increase in Ratio of Full-Time Jobs to Part-Time Jobs (2020 vs. 2019): Half Weight (~1.08 Points)
Median Annual Household Income Adjusted for Cost of Living: Full Weight (~2.15 Points)
Growth in State Personal Income (2021 vs. 2020): Full Weight (~2.15 Points)
Government Surplus/Deficit per Capita: Full Weight (~2.15 Points)
Unfunded Public Pension Plans per Capita: Full Weight (~2.15 Points)
Share of Uninsured Population: Half Weight (~1.08 Points)
Share of Population in Poverty: Full Weight (~2.15 Points)
Foreclosure Rate: Full Weight (~2.15 Points)
Growth in Number of Businesses (2020 vs. 2019): Full Weight (~2.15 Points)
Fiscal Health: Full Weight (~2.15 Points)
Building-Permit Activity: Full Weight (~2.15 Points)
Average Educational Attainment of Recent Immigrants: Half Weight (~1.08 Points)
Average Educational Attainment of Recent Migrants from Other U.S. States: Half Weight (~1.08 Points)

I'm thinking this projects down somewhat to "service" vs "natural resource" economy.   Timber and Oil and ??? have been booming during and after Covid and amidst WWIII while tourist/service economies must still be suffering the shutdowns?


-. --- - / ...- .- .-.. .. -.. / -- --- .-. ... . / -.-. --- -.. .
FRIAM Applied Complexity Group listserv
Fridays 9a-12p Friday St. Johns Cafe   /   Thursdays 9a-12p Zoom https://bit.ly/virtualfriam
to (un)subscribe http://redfish.com/mailman/listinfo/friam_redfish.com
FRIAM-COMIC http://friam-comic.blogspot.com/
archives:  5/2017 thru present https://redfish.com/pipermail/friam_redfish.com/
 1/2003 thru 6/2021  http://friam.383.s1.nabble.com/
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://redfish.com/pipermail/friam_redfish.com/attachments/20220607/32710f2f/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: OpenPGP_0xFD82820D1AAECDAE.asc
Type: application/octet-stream
Size: 3173 bytes
Desc: OpenPGP_0xFD82820D1AAECDAE.asc
URL: <http://redfish.com/pipermail/friam_redfish.com/attachments/20220607/32710f2f/attachment.obj>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: OpenPGP_signature
Type: application/octet-stream
Size: 855 bytes
Desc: OpenPGP_signature
URL: <http://redfish.com/pipermail/friam_redfish.com/attachments/20220607/32710f2f/attachment-0001.obj>