Tech splits U.S. Workforce

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, within the technology industry a small group of well-educated professionals enjoys rising wages, while most workers toil in low-wage jobs with few chances to advance. Questions: What is responsible for this great divide in the U.S. workforce at places like Intel’s $7 billion plant in Arizona? Why are start-up… Read more »

Cyclic Component of the Labor Force Participation Rate

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting.

According to Bloomberg, U.S. central bankers seem to feel that when it comes to employment, they’ve done about as much as they can. As a result, the Federal Reserve’s Monetary Policy Report (released last week) concluded that the labor market was “at or a little beyond full employment.” Questions: 1. If you boil the whole… Read more »