|News & highlights from Ball State CBER :: http://ibb.cberdata.org||February 20, 2017|
Technology Related Job Losses of the Last Century
Technological changes led to a shift of 1.5 million jobs from one industry alone in Indiana.
One way to analyze the impact of technological change in our economy is to look at history. In so doing, we might learn something useful about the challenges we face today. To illustrate this, let me offer some facts about one of Indiana's great industries, and the change that has swept through it over the past century or so.
Read the full article: Technology Related Job Losses of the Last Century
Last week's article: Bad Ideas Have Real Costs
Grant Writers' Toolbox
The CBER Data Center has simplified the data-gathering process for many economic-focused grant applications. The Grant Writers' Toolbox offers Indiana county-level data covering demographics, economics, and health. We also offer a TIF estimating calculator.
Labor Force, January 2017
The labor force participation rate has decreased dramatically since the dawn of the 21st Century. The labor force participation rate is the percentage of the population over age 16 who are either working or looking for a job. The labor force participation rate peaked around 67 percent during the late 1990s through early 2000s and has been steadily decreasing since then, coming in at 62.9 percent during January 2017. It has remained around that level for the past year. See graph.
Widely circulated reasons for the long-term decline include retiring baby boomers and people discouraged from looking for jobs during the recession and recovery.
The next data set is scheduled for February 27th (Durable Goods).
What's Coming Next Week?
View the release calendar on the Economic Indicators home page.
The Indiana Business Bulletin is a weekly e-newsletter sent by the Center for Business and Economic Research at Ball State University (Ball State CBER).