The percentage of Americans working in manufacturing fell under President Reagan. It also fell under Presidents Bush, Clinton, Bush and Obama (respectively).
Which is to say, the decline of manufacturing jobs in the U.S. economy is not about who is president or what his policies are. It's the result of long-running, irreversible, historical factors (read: technology and globalization).
Behind the ephemeral "cloud" of cloud computing, the network we use for everything from checking our email to streamlining our health care system, there lies a very tangible and very big computer infrastructure.
Originally published on Wed October 17, 2012 7:13 am
Google has nearly 20 data centers packed with computer servers that are huge consumers of energy. Google allowed technology writer Steven Levy of Wired magazine to see its facility in Lenoir, N.C. Levy talks to Steve Inskeep about what he saw while he was there.
And today's last word in business is: Are you ready?
(SOUNDBITE OF TARGET COMMERCIAL)
UNIDENTIFIED MAN: The holidays are coming, and they're going to be big.
MONTAGNE: Target has aired its first holiday ad of the season.
STEVE INSKEEP, HOST:
Let me just get my face out of my palm here. That's right. Forget planning your Halloween costume or picking out a turkey. Target is making its mark early - six weeks before Thanksgiving, in fact. It had a lot of people double-checking their calendar.
Here in the United States, the corn harvest is nearly complete. It was earlier and much smaller than in recent years, which means stockpiles are lower and prices will likely be higher. Now, while this summer's drought is largely to blame, the dry weather did offer perfect conditions to test drought-resistant corn. As Iowa Public Radio's Amy Mayer reports, seed companies and farmers are now crunching the yield numbers to see what these new varieties could mean in coming years.
Citigroup CEO Vikram Pandit is stepping down. In a statement released Tuesday morning, he said the time was right for someone else to take the helm. Pandit, who is 55 years old, took the top spot at Citi in December of 2007, just as the financial crisis was beginning to unfold.
Home health aide trainees Marisol Maldonaldo (center) and Nancy Brown (right), shown here with assistant instructor Miguelina Sosa, are studying to join one of the nation's fastest growing yet also worst paid sectors of the workforce.
The home care workforce — some 2.5 million strong — is one of the nation's fastest growing yet also worst paid. Turnover is high, and with a potential labor shortage looming as the baby boomers age, there are efforts to attract more people to the job.