Regulators working with the rail industry can make oil trains even safer.
Study finds most outsourcing is done within the U.S., where almost one-half of full-time employees work at companies that use contractors and suppliers to do work once likely performed in-house. About 23 percent of full-time employees work at companies that offshore work to other countries.
A raft of economic studies has shown that pro-sports stadiums don’t provide the wider benefits promised when taxpayers are tapped to help build them.
Called the civilian labor-force-participation rate, it fell to 62.8 percent of the available workforce in December, the lowest in 35 years. The decline has not been arrested by the end of the recession.
The ports of Tacoma and Seattle have been sold out by a rapidly changing world. Unaddressed, the outcome might not be one winning over the other but both left to decline.
Major trends that could affect the state’s internationalized economy.
Inequality is at levels not seen since the 1920s, or even the Gilded Age, and it is growing worse. Opportunity for most Americans is shrinking. Most wages have not kept up with productivity. We need to have this conversation even if it violates Seattle Nice.
The most important markers for the Seattle area’s economic outlook in 2014 are the impending choices that will be made at Microsoft and Boeing.
NAFTA’s legacy is that is has served as a template for other agreements, right up to the proposed Trans-Pacific Partnership.
It’s better to measure growth by quality: Higher numbers of students completing high school and going on to college, venture capital, wages, Ph.D.s per capita, people moving out of poverty, etc. And, lowering your carbon footprint.
Policymakers must ensure that retraining is ramped up to maintain advanced workforce skills. The payoff is estimated at an economic impact of between $14 trillion and $33 trillion annually worldwide by 2025.