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People will tell you “the last jobs report was good!” Show ’em these two charts re: unemployment rate and labor force participation.

Chart 1: Chart 2: Both charts are via here. The easy headline for the jobs report is “288K new jobs created!” or “Unemployment rate drops to 6.3 percent, lowest in years!” An even more robust header for it might be “The U.S. is… Continue Reading

Gird your loins: Brooklyn is now officially “Manhattan Part II”

See that chart? Egad. (Via here.) In early 2009, the difference between similar apartments in Manhattan and Brooklyn was $1,800 per month. Now it’s around $210 per month. Just a quick reminder of how urban areas develop / certain spots become… Continue Reading

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Could hierarchy die out as millennials dominate the workforce? Not so fast, my friend…

I wrote back on New Year’s Eve (because my life is enthralling) about Zappos’ corporate culture and the idea of “holacracy,” or a “distributed authority system” that basically gets rid of the traditional manager/”boss” idea. A lot of people over 35 right… Continue Reading

Political trend line: young white millennials are basically libertarians. Can they save the GOP?

The electoral map isn’t very favorable to the GOP, and their strategy/culture isn’t either, and while they may do OK in the midterms — midterms typically favor the non-Presidential party anyway — their 2016 prospects look dim at present. But ah ha!… Continue Reading

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Radisson Red is going to be a hotel brand for millennials, and OH GOD THIS NARRATIVE IS NOW STARTING. Are the Baby Boomers dying off yet?

Radisson’s parent company is Carlson, which is based in Minnetonka, Minnesota — which is about 12-15 miles from where I’m typing this — so that means this conversation happened in Minnetonka sometime in the past two-three months. UW-Wisconsin MBA graduate: The… Continue Reading

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ObamaCare won’t cost America 2 million jobs, but the end of the Baby Boomers probably will

Big-time hubbub on the 2014 political front: ObamaCare is going to cost America 2 million jobs! Every Democrat is vulnerable! And… In reality, this isn’t going to happen the way it’s being discussed, but the amount of people in the U.S. workforce is… Continue Reading