Roughly 43% of the world’s oil production came from just three countries in 2021—the U.S., Saudi Arabia, & Russia. Together, these 3 produced more oil than the rest of the top 10 combined.

Look closely. I think I understand this. AMERICA (not Saudi Arabia) makes more oil per day than any other country (by far!). Here’s the problem, we consume more oil than we make (around -2M barrels/day). Also, that non-American oil is cheaper than American oil for Americans! Further, American refineries have to turn that oil into things like gasoline, heating oil, jet fuel, etc. Our refineries are at full capacity & are...

Had 2 former students this week leave their jobs because of $…After thousands of students, I would say the #1 reason my students change jobs is…their boss. Money becomes a factor when they can make >20% elsewhere (#2 on list below).

Had 2 former students this week leave their jobs because of $...After thousands of students, I would say the #1 reason my students change jobs is...their boss. Money becomes a factor when they can make >20% elsewhere (#2 on list below). https://www.weforum.org/agenda/2022/08/economic-stories-this-week-5-august?utm_source=linkedin&utm_medium=social_scheduler&utm_term=Geo-economics&utm_content=05/08/2022+20:00 FYI: WMU students can major in Leadership (however, they have to have another major also, make sense?). 10 Most Important Leadership Skills For The 21st Century Workplace (&...

Health care equipment firm Stryker, based in Kalamazoo, comes in at No. 7. The No. 1 best employer in MI, according to Forbes, is the University of Michigan.

Ford Motor Company comes in at No. 11 as "Best Employer in Michigan". https://lnkd.in/ghhH3WhB. Also, Ford Confirms Layoffs, Says It Is Cutting About 3,000 Jobs. 2,000 of the cuts will be salaried jobs at the Dearborn, Mich., auto maker. WSJ: https://lnkd.in/gTJUBupw. Leaders of the Dearborn, Michigan, automaker made the announcement Monday in a companywide email (email is not dead?). https://lnkd.in/gWc7fmAU https://www.mlive.com/news/2022/08/these-are-the-15-best-employers-in-michigan-forbes-survey-says.html Also, Ford is raising the price of its electric SUV as much as...

I keep having doubts about the reality of reshoring (from China), but that trend line below is steep & positive & very linear.

"Reshoring Is Soaring in 2022—with 350,000 New Jobs Predicted." I keep having doubts about the reality of reshoring (from China), but that trend line below is steep & positive & very linear. https://www.engineering.com/story/reshoring-is-soaring-in-2022with-350000-new-jobs-predicted See Factory Building Boom chart at: https://lnkd.in/gSJRF3V3 Construction of new mfg facilities in the US has soared 116% over the past year, dwarfing the 10% gain on all building projects combined. In January, a UBS survey of C-suite executives...

Durables had a larger inflation contribution in the U.S. than in ANY OTHER country in the OECD.

“…could mean that the recent decline in the real prices of oil, minerals, and agricultural products will persist.” https://www.project-syndicate.org/commentary/slower-growth-higher-interest-rates-lower-commodity-prices-by-jeffrey-frankel-2022-08?barrier=accesspaylog However, do not forget (from the FBR of Chicago): Durables had a larger inflation contribution in the U.S. than in ANY OTHER country in the OECD. “This strength in U.S. durable goods demand during the pandemic & recovery is unusual (hmmm, stimulus?)…Throughout most countries in the sample, consumers behaved as we...

I used to think these salary increases were impressive, but then I saw inflation.

I used to think these salary increases were impressive, but then I saw inflation. 2018 $: https://lnkd.in/gV53aggX.2020 $ (right before covid): https://lnkd.in/gz8WQEhr.2021 $ (deep into covid): https://lnkd.in/g-SfG93A & https://lnkd.in/gn5jM9xt. Had 2 former students this week leave their jobs because of $...After thousands of students, I would say the #1 reason my students change jobs is...their boss. Money becomes a factor when they can make >20% elsewhere (#2 on list below).https://lnkd.in/gtPvk_mx FYI: WMU students can major...

International Students: FYI (I cannot attest to the accuracy)…Data science graduates on new U.S. visas can earn $100k. The Biden administration added data science & financial analytics to the list of degrees for which international students on student visas can spend three years after graduating in the U.S. instead of the standard 1 year for most courses.

International Students: FYI (I cannot attest to the accuracy)…Data science graduates on new U.S. visas can earn $100k. https://lnkd.in/gvMn-AR7. The Biden administration added data science & financial analytics to the list of degrees for which international students on student visas can spend three years after graduating in the U.S. instead of the standard 1 year for most courses. Known as 'optional practical training', the 3-year waiver is now being applied more widely. https://www.efinancialcareers.com/news/2022/01/foreign-graduate-pay-america https://lnkd.in/gn4MrjKJhttps://lnkd.in/g-bqWZUWhttps://lnkd.in/gmNJTGPhhttps://lnkd.in/g3nhPgmD The US...

Are EVs really better than ICEs (today)? Many real researchers (not me) argue that new battery technology needs to be developed using more common, environmentally-friendly materials.

Are EVs really better than ICEs (today)? Many real researchers (not me) argue that new battery technology needs to be developed using more common, environmentally-friendly materials. That is why WMU is leading the charge (get it?) in pioneering battery research: https://lnkd.in/gD4ZQECC https://www.euronews.com/green/2022/02/01/south-america-s-lithium-fields-reveal-the-dark-side-of-our-electric-future?s=09 KALAMAZOO, Mich.—New research from Western Michigan University is showing promise in the development of an alternative battery for use in electric vehicles, as manufacturers face concerns about shortages and increasing...

After thousands of students, I would say the #1 reason my students change jobs is…their boss. Money becomes a factor when they can make >20% elsewhere (#2 on list below).

Had 2 former students this week leave their jobs because of $...After thousands of students, I would say the #1 reason my students change jobs is...their boss. Money becomes a factor when they can make >20% elsewhere (#2 on list below). FYI: WMU students can major in Leadership (however, they have to have another major also, make sense?). 10 Most Important Leadership Skills For The 21st Century Workplace (& How...

Pay attention to what matters most- not rankings!…especially at the undergraduate level. “Students who are able to build strong relationships with professors are far more likely to find engaging work after graduation, according to Gallup-Purdue polls.”

Pay attention to what matters most- not rankings!...especially at the undergraduate level. "Students who are able to build strong relationships with professors are far more likely to find engaging work after graduation, according to Gallup-Purdue polls." https://lnkd.in/gSuzhcjP -those who believe a professor cared about them as a person, made them excited about learning, & encouraged them to pursue their dreams had more than double the odds of being engaged at work &...