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Jobenomics

Jobenomics Founder and President, Chuck Vollmer, is an economic, community, business, and workforce development expert as recognized by government officials, community leaders and national media (CNN, Fox, CBN, etc.). A former highly-decorated combat fighter pilot, corporate executive, and serial business developer who started hundreds of businesses, now specializes in mass-producing startup business and jobs in underserved communities.

 

Jobenomics’ principal focus is on citizens at the base of America’s socioeconomic pyramid with emphasis on minorities, women, youth, veterans and other hopefuls who want to develop a skill, career and start a business.  Today, twenty communities across the U.S. and Canada have launched Jobenomics chapters and are implementing Jobenomics initiatives.

 

Since 2010, The Jobenomics National Grassroots Movement has reached an estimated audience of thirty-million people via media, website, blog, and lectures.  In 2018, Jobenomics America TV began airing multiple public access channels across the United States.  In 2019, this website averages over 33,000-page views per month and tens of thousands of downloads of the 100 resource documents in the Jobenomics Content Library.

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Is COVID-19 the Grim Reaper?

Is COVID-19 the Grim Reaper?

Is COVID-19 the Grim Reaper as generally believed, and is it time to take a more aggressive nationwide testing approach to suppress this resurgent virus for once and for all?

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Jobenomics Frederick MD

Jobenomics Frederick MD

Jobenomics Frederick’s goal is to produce new micro businesses and jobs in underserved Census Tracks in the Frederick County and Frederick City.

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Trade Brinkmanship

Trade Brinkmanship

Is President Trump starting an unjust and unwinnable trade war or is he taking prudent actions to bring global trade into balance to protect the U.S. economy?

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Part 8, Faltering Small & Startup Businesses

Part 8, Faltering Small & Startup Businesses

The steep decline in the number of business startups poses the second most significant threat (trade is first) to the health of the U.S. economy and its labor force. Over the last 4-decades, the US trade deficit in goods amounted to an incredible $12.4 trillion—a vast sum equivalent to a loss of 248 million U.S. worker earning $50,000 per year, or roughly 6.2 million jobs lost per year (see Part 7 for a detailed discussion). In comparison, degradation in new businesses equates to 76 million unrealized job gains or approximately 1.8 million lost job opportunities per year. Furthermore, existing U.S. small and micro businesses are suffering severe declines. Before the Great Recession, small business (1-499 employees) outproduced large companies (500+ employees) by a factor of 6.5-to-1, and micro-business (1-19 employees) outproduced major corporations (1000+ employees) by a factor of 4.6-to-1. As of 1 February 2019, the small-to-large ratio dropped 71% to 1.9-to-1, and the micro-to-very-large ratio fell 80% to 0.9-to-1.

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Part 7, Reciprocal versus Free Trade

Part 7, Reciprocal versus Free Trade

Reciprocal Trade is replacing Free Trade in the United States and the rest of the free world. Free trade is an ideal goal. In practice, reciprocal trade is more realistic, especially in an ever-changing global marketplace.

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Part 5, Job Creation by President

Part 5, Job Creation by President

The U.S. economy is booming, but a lot more work is needed in 2019 to keep it going. This Jobenomics Year Ahead report addresses the current state of the U.S. economy from a historical perspective using official government and respected private sector data sources. Part 5 provides a discussion regarding Creation by President from Eisenhower to Trump.

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Part 3, Business Overview

Part 3, Business Overview

Private sector businesses create the types of jobs that generate economic growth.  Big business is the anchor tenant of the U.S. economy.  Small businesses are the engine of the economy, employing almost three-quarters of all Americans and creating three-quarters of...

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Part 2, Labor Force Overview

Part 2, Labor Force Overview

The United States consistently produced tens of millions of new jobs for six consecutive decades from the 1940s through the 1990s.  The bottom fell out in the decade of the 2000s with a net loss of 1 million jobs.  Consequently, it is critical that a significant...

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Part 1, GDP Overview

Part 1, GDP Overview

Gross domestic product (GDP) is the best way to measure a country's economy.  Today, the ideal rate for U.S. GDP growth is over 3%.  Any GDP growth below 2% is considered sclerotic growth that makes the U.S. economy vulnerable to financial downturns.  In mature...

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Monthly GDP & Jobs Report: November 2018

Monthly GDP & Jobs Report: November 2018

The U.S. economy is growing briskly.  The rate of GDP growth in 2018 is more than double the rate of GDP growth in 2016.  October 2018 employment reports indicate strong employment gains, significant reductions of sidelined citizens rejoining the workforce and a...

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Monthly GDP & Jobs Report: October 2018

Monthly GDP & Jobs Report: October 2018

Record highs and record lows indicate that the U.S. economy is booming and the U.S. labor force is waning.  GDP growth reached the 4% mark and is projected to continue strong.  Stock markets and consumer confidence are at all-time highs.  Unemployment is at a 50-year...

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GDP & Jobs Report

GDP & Jobs Report

The August 2018 employment report is nothing to celebrate.  Jobenomics asserts that the media hoopla regarding 201,000 new U.S. jobs in August by the Bureau of Labor Statistics (BLS) is unwarranted since the U.S. labor force suffered a net loss of 445,000 citizens...

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U.S. Construction Situation Report

U.S. Construction Situation Report

To say the American construction industry is booming is an understatement.  So far this decade, the U.S. Construction supersector’s 3.3% annual employment growth is the fastest growing supersector of all ten industry supersectors.  Moreover, each of this supersector’s...

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U.S. Manufacturing Employment Report

U.S. Manufacturing Employment Report

The U.S. Manufacturing supersector is vitally important to national sovereignty and an anchor tenant of the U.S. economy.  Re-shoring and keeping American factories in America is a worthy goal.  Even if America re-shores manufacturing jobs from foreign countries,...

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GDP & Jobs Report

GDP & Jobs Report

While U.S. GDP growth is improving significantly, the latest employment reports indicate marginal labor force improvement.  Consequently, the U.S. economy is not yet gaining enough momentum to achieve President Trump's goal of creating 25 million new jobs and...

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4.1% GDP Growth

4.1% GDP Growth

Bravo to the Trump Administration for achieving a 4.1% GDP growth rate in the second quarter (Q2) of 2018.The last time that the United States reached 4% in a single quarter was in Q3 2014.  Since the turn of the Century, the year 2000, out of a total of 74-quarters,...

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Trade War? (Updated)

Trade War? (Updated)

Free trade is an ideal goal.  In practice, reciprocal trade is more realistic, especially in an ever-changing global marketplace.  After WWII, the U.S. economy equated to about half the world’s Gross Domestic Product (GDP, the value of all goods and services).  For...

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Jobs & GDP Report

Jobs & GDP Report

The latest U.S. Bureau of Labor Statistics (BLS) and ADP Research Institute employment reports for May 2018 indicate that the United States created only 213,000 (government and private sector) and 178,000 (private sector only) new jobs respectively.  Both figures are...

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Gig/Contingent Economy

Gig/Contingent Economy

Even though Jobenomics estimates that the size of the U.S. contingent workforce is four-times greater than reported in the June 2018 BLS Contingent Worker Supplement, we applaud their landmark effort.  After a 12-year hiatus, this report now should be published on an...

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Jobs & GDP Report 1 June 2018

Jobs & GDP Report 1 June 2018

The latest U.S. Bureau of Labor Statistics and ADP Research Institute employment reports for May 2018 indicate that the United States created only 223,000 and 178,000 new jobs respectively.  Both figures are below the 250,000 new job threshold advocated by most...

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Comprehensive U.S. Labor Force  & Employment Report: Q1 2018

Comprehensive U.S. Labor Force & Employment Report: Q1 2018

While highly-advertised statistics (e.g., the stock market, official unemployment rate, and consumer confidence index) suggest that the U.S. economy is booming, underlying small business, labor force and wage statistics are not doing nearly as well.  This 260-page...

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Business Tax on Homelessness?

Business Tax on Homelessness?

Chuck Vollmer explains why Seattle’s $275 per employee tax on local businesses to pay for the homeless is wrongheaded from urban renewal, business and homelessness perspectives.https://www.youtube.com/watch?v=xbtzAudmZ9E

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Disappointing Jobs & GDP Report

Disappointing Jobs & GDP Report

The latest U.S. Bureau of Labor Statistics and ADP Research Institute employment reports for April 2018 indicate that the United States created only 164,000 and 204,000 new jobs respectively.  Both figures are below the 250,000 new job threshold advocated by most...

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Jobs & GDP Report

Jobs & GDP Report

The March 2018 U.S. Bureau of Labor Statistics and ADP Research Institute reports indicated that the United States created only 103,000 and 241,000 new jobs respectively.  Both figures are below the 250,000 new job threshold advocated by most economists.  As reported...

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US-China Trade War

US-China Trade War

Is President Trump starting a trade war with China or is he reacting to a trade war that has been underway for quite some time?  Here is the official U.S. government data.   Decide for yourself or download this report and research the attached references.On average,...

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International Economic Competition Outlook

International Economic Competition Outlook

The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based on a detailed analysis of six strategic considerations: Economy, Business, Labor...

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Jobenomics Jobs & GDP Report

Jobenomics Jobs & GDP Report

U.S. labor force added 313,000 new jobs in February, which is positive news regarding President Trump’s bold job creation goal of creating 25 million new jobs within ten years.  The President also wants to double GDP growth to 4%.  Regrettably, after two-quarters of...

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Civil Unrest & Natural Disaster Outlook

Civil Unrest & Natural Disaster Outlook

The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based on a detailed analysis of six strategic considerations: Economy, Business, Labor...

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Network & Digital Technology Outlook

Network & Digital Technology Outlook

Domestic Disruptors: Technology.  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based on a detailed analysis of six strategic...

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Fiscal and Monetary Policy Outlook

Fiscal and Monetary Policy Outlook

Governance: Trump Administration, Fiscal Policy (Congress) and Monetary Policy (The Fed).  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This...

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Trump Administration’s Governance Challenge

Trump Administration’s Governance Challenge

Governance: Trump Administration, Fiscal Policy (Congress) and Monetary Policy (The Fed).  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This...

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U.S. Not-in-Labor-Force Outlook

U.S. Not-in-Labor-Force Outlook

Labor Force: Employment, Unemployment and Not-in-Labor-Force Assessment.  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based...

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U.S. Unemployment Outlook

U.S. Unemployment Outlook

Labor Force: Employment, Unemployment and Not-in-Labor-Force Assessment.  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based...

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U.S. Employment Outlook

U.S. Employment Outlook

Labor Force: Employment, Unemployment and Not-in-Labor-Force Assessment.  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo or an economic slowdown in 2018.   This assessment is based...

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$1.5 Trillion Infrastructure Plan

$1.5 Trillion Infrastructure Plan

On 12 February 2018, President Trump presented a 53-Page legislative outline to Congress entitled “Legislative Outline for Rebuilding Infrastructure in America.”   Apart from four Jobenomics suggestions, the Whitehouse’s infrastructure outline is the best business and...

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U.S. Startup Business Outlook

U.S. Startup Business Outlook

Business: Big, Small, Micro, and Startup Business Assessment.  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo, or an economic slowdown in 2018.   This assessment is based on a...

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U.S. Small & Micro-Business Outlook

U.S. Small & Micro-Business Outlook

Business: Big, Small, Micro, and Startup Business Assessment.  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo, or an economic slowdown in 2018.   This assessment is based on a...

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U.S. Big Business Outlook

U.S. Big Business Outlook

Business: Big, Small, Micro & Startup Business Assessment.  The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo, or an economic slowdown in 2018.   This assessment is based on a...

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Economy: GDP Growth and Stock Markets

Economy: GDP Growth and Stock Markets

Economy: GDP Growth and Stock Markets. The Jobenomics 2018 U.S. Economic Outlook predicts an equal probability (33.3%) for economic improvement, maintaining the status quo or an economic slowdown in 2018.  This assessment is based on a detailed analysis of six...

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2018 U.S. Economic Outlook

2018 U.S. Economic Outlook

Overview (Part 1 of 7):  Jobenomics deals with the economics of small business and job creation.  In addition to our monthly reports, this report deals with Jobenomics view of the state of the U.S. economy and how our economy might fair in 2018.  As indicated in this...

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State of the U.S. Economy January 2018

State of the U.S. Economy January 2018

The Trump Administration’s bold economic and job creation vision (i.e., sustained 4% GDP growth and 25 million new jobs) is progressing as planned, albeit with some bumps in the road.  In December 2017, the Bureau of Labor Statistics reported that the U.S. labor force...

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