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The percentage of Americans who are working continues to fall. Labor force participation peaked in 1997-98, when about 67 percent of people aged 16 through 64 were employed or seeking work (according to the Bureau of Labor Statistics. During the past 20 years, it has trended generally downward and now stands at less than 63 percent, a significant drop from even 10 years ago, when the rate remained about 66 percent. more
I was havin’ breakfast with one of my buddies a while back, and he made the comment that, in his opinion, the greatest invention ever was soft spread butter. I know when I looked at him after he made this statement he probably thought that I thought he was crazy, but I didn’t. I was thinkin’ that he may be right. more
Texas metropolitan areas are leading the way in employment growth, claiming two of the top three spots in the nation in job gains between June 2017 and June 2018. Based on U.S. Bureau of Labor Statistics estimates of the 12-month change in nonfarm employment in metropolitan areas with more than a million residents as of 2010, the huge New York-Newark-Jersey City area had the largest change, with 117,400 net new jobs. more
Amid the growing concerns and very real costs that are accumulating regarding a trade war, there was recently a glimmer of hope. President Trump announced that the United States and the European Union would begin negotiations immediately, working toward zero tariffs and improved cooperation. A strong trade agreement is in the interest of both sides, and a little success might help set the stage for other progress in the near future. EU members are major U.S. trading partners, and, if zero tariffs can indeed be achieved, the benefits will be substantial on both sides of the Atlantic. more
The other day, just after finishing an afternoon of yard work (yes, yes, I understand that’s the WRONG time to do yard work) I felt as if I were stuck in place. Looking down, it became apparent my feet had melted into the driveway, kind of like a crayon left outside during a Texas afternoon. more
Well, I’m finally home for a couple of days. Man, I’ve seen more of our country this month than I really care about. Of course, I’ve had to see it from about 30,000 feet up. Now, as you know, I travel quite a bit, but that’s usually in my truck. Oh, every once in a while, I’ll have to fly somewhere, but that’s not that often for me. I really don’t mind flyin’, though. Well, actually the only thing I really like about it is the take off and landin’. The rest is usually pretty borin’. more
Every year, CNBC ranks states on their business competitiveness. For the first time since 2012, Texas topped the list for 2018, making the Lone Star State the first four-time winner. The ranking includes more than 60 measures of competitiveness and uses data from a variety of sources. In addition to the overall ranking, 10 broad categories are tracked: workforce, infrastructure, cost of doing business, economy, quality of life, technology and innovation, education, business friendliness, access to capital, and cost of living. more
While Christmas in July has been a well-recognized concept, there is now a semi-official holiday to back it up – Amazon Prime Day. Prime Day (this year a day and a half) is chock full of discounts for Amazon Prime Members, a subscription service that offers free two-day shipping and other amenities and now has more than 100 million members, covering more than half of American households. more
Services for Tommy Lee Glasscock, 90 of Lindale, were held Monday, July 23, 2018 at the Lindale Assembly of God with Rev. Paul Ransberger and Gary Glasscock officiating. Interment was in the Tyler Memorial Park Cemetery with services under the direction of Caudle-Rutledge-Daugherty Funeral Home in Lindale. more
Well, I guess you know it’s that time of year again. What time is that, you ask? Well, it’s time to go on safari. Now, I’m not talkin’ about just any safari, I’m talkin’ about a grasshopper safari. more
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