Issue: February, 2022
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News from Worker Development, Industry, the Economy, Education, Science, and much more!
Industry News
U.S. Department of Commerce - Bureau of Economic Analysis
Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Fourth Quarter and Year 2021(Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 6.9 percent in the fourth quarter of 2021, following an increase of 2.3 percent in the third quarter. The acceleration in the fourth quarter was led by an upturn in exports as well as accelerations in inventory investment and consumer spending. In the fourth quarter, COVID-19 cases resulted in continued restrictions and disruptions in the operations of establishments in some parts of the country. Government assistance payments in the form of forgivable loans to businesses, grants to state and local governments, and social benefits to households all decreased as provisions of several federal programs expired or tapered off. Read Report

Personal Income and Outlays - December, 2021 
Personal income increased $70.7 billion, or 0.3 percent at a monthly rate, while consumer spending decreased $95.2 billion, or 0.6 percent, in December. The increase in personal income primarily reflected an increase in compensation of employees. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 7.9 percent in December, compared with 7.2 percent in November. Read Report
U.S. Department of Commerce - Bureau of the Census
Advanced Report on Durable Goods Manufacturers’ Shipments, Inventories, and Orders
New orders for manufactured durable goods in December decreased $2.4 billion or 0.9 percent to $267.6 billion, the U.S. Census Bureau announced today. This decrease, down following two consecutive monthly. increases, followed a 3.2 percent November increase. Excluding transportation, new orders increased 0.4 percent. Excluding defense, new orders increased 0.1 percent. Transportation equipment, down three of the last four months, drove the decrease, $3.3 billion or 3.9 percent to $80.1 billion. Read Report

Manufacturers’ Shipments, Inventories, and Orders
New orders for manufactured goods in November increased $8.4 billion or 1.6 percent to $531.8 billion. November 2021: +1.6° % change; October 2021 (r): +1.2° % change. Read Report

Household Pulse Survey
What is the Household Pulse Survey?
The U.S. Census Bureau, in collaboration with multiple federal agencies, is in a unique position to produce data on the social and economic effects of coronavirus on American households. The Household Pulse Survey is designed to deploy quickly and efficiently, collecting data to measure household experiences during the coronavirus pandemic. Data will be disseminated in near real-time to inform federal and state response and recovery planning. Access Tables

Small Business Pulse Survey
The Small Business Pulse Survey (Business Pulse) measures the effect of changing business conditions during the Coronavirus pandemic on our nation's small businesses. Business Pulse complements existing U.S. Census Bureau data collections by providing high-frequency, detailed information on the challenges small businesses are facing during the Coronavirus pandemic as well as their participation in federal programs such as the Paycheck Protection Program. Read Report

Monthly State Retail Sales
The Monthly State Retail Sales (MSRS) is the Census Bureau's new experimental data product featuring modeled state-level retail sales. This is a blended data product using Monthly Retail Trade Survey data, administrative data, and third-party data. Year-over-year percent changes are available for Total Retail Sales excluding Nonstore Retailers as well as 11 retail North American Industry Classification System (NAICS) retail subsectors. These data are provided by state and NAICS codes beginning with January 2019. The Census Bureau plans to continue to improve the methodology to be able to publish more data in the future. Access Tables

Economic Indicators
A composite of many of the requested domestic facts and figures. Visit Table
U. S. Department of Labor Statistics
Consumer Price Index
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis after rising 0.8 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.0 percent before seasonal adjustment. Read Report

Producer Price Index
The Producer Price Index for final demand increased 0.2 percent in December, seasonally
adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 1.0
percent in November and 0.6 percent in October. (See table A.) On an unadjusted basis, final
demand prices moved up 9.7 percent in 2021, the largest calendar-year increase since data were first calculated in 2010. Read Report

Job Openings and Labor Turnover
The number of job openings decreased to 10.6 million on the last business day of November, the U.S. Bureau of Labor Statistics reported today. Hires were little changed at 6.7 million and total separations increased to 6.3 million. Within separations, the quits rate increased to 3.0 percent, matching a series high last seen in September. The layoffs and discharges rate was unchanged at 0.9 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, by four geographic regions, and by establishment size class. Read Report

Unemployment Rate for States
Unemployment Rates for States, Seasonally Adjusted. Read Report

Job Creation - Employment Situation Summary
The number of job openings decreased to 10.6 million on the last business day of November, the U.S.
Bureau of Labor Statistics reported today. Hires were little changed at 6.7 million and total separations
increased to 6.3 million. Within separations, the quits rate increased to 3.0 percent, matching a series
high last seen in September. The layoffs and discharges rate was unchanged at 0.9 percent. This release
includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm
sector, by industry, by four geographic regions, and by establishment size class. Read Report

Civilian Labor Participation Rate
For a 20 year chart of the U.S. Civilian Labor Participation Rate. Read Report
Cornell Law School - U.S. Private Sector Job Quality Index
U.S. Private Sector Job Quality Index
The mean weekly wage income of all P&NS jobs as of the current reading (which reflects the level as of November 2021) rose to $901.29, a change of +0.54% from its revised level the month prior. The upward change in this series reflects the continued absence of millions of pre-pandemic low-wage/low-hours positions as well as some across-the-board increases in hourly wages seen over recent months. The JQ-Instant™ preliminary read of the 211,000 gain in all private sector, non-farm payrolls for December 2021 shows that 43.06% of such gain in private sector jobs were in industry sectors offering P&NS jobs with an average weekly income below the mean weekly income of all P&NS jobs (i.e. Low Quality Jobs). Labor Force Participation remains stalled at a level materially below that of its reading pre-pandemic. And the emergence of the Omicron variant (which may have already begun to impact data in December) is likely to exacerbate this situation in coming months, especially in customer-facing jobs where demand is also likely to wane. The JQI is likely to remain particularly unstable as a result.  Read Report
Employee Ownership Through the Lens of Two Glass Manufacturers
IndustryWeek - Alison Lingane
A large manufacturer of optical components and a small scientific glass company take different paths to the same conclusion: handing the reins to their employees over time.
 
After three decades in business, New York-based Optimax become the leading precision optics manufacturer in the country, growing an average of 20% year over year, generating $50 million in revenue and including NASA among its top clients. Optimax consistently ranked among the best employers in the Rochester, New York, metro area and proudly employed more than 400 people.
 
Optimax CEO Rick Plympton and President Mike Mandina sought to guarantee the company’s financial stability and growth while still preserving its employee-focused legacy. They began succession planning with the strong belief that they did not want to sell Optimax to a multinational firm that might take local jobs overseas. Read Article
The Sticking Point with Industrial Subscription Models
IndustryWeek - Stephan Liozu
The race is on. The subscription model is moving from B2C to the B2B and industrial world. But there is a major difference. Most industrial companies have a different DNA and experience a tough time transitioning to recurring business models and deploying best-in-class subscription offers.
 
People often ask me what the number one sticking point is. My answer is simple. Nothing will happen or accelerate until an organization’s top executives draw a line in the sand and publicly state that subscriptions are a strategic goal for the organization. I call that the top executive mandate. It gives a direction to the digital, marketing, software and sales teams but also to the support function. Read Article
It Was a Christmas Morning Surprise for Ohio's Governor and Lieutenant Governor: Intel Was Coming to Ohio
Area Development - The Columbus Dispatch, Mark Williams,
Gov. Mike DeWine was enjoying the kind of chaotic Christmas morning at the Governor’s Residence that most parents and grandparents experience. It was 10 a.m. and his children and grandchildren, many of whom had spent the night, were opening presents when DeWine’s counselor, Laurel Dawson, handed the governor a letter.
 
It was from Intel CEO Pat Gelsinger and Senior Vice President Keyvan Esfarjani, officially telling DeWine that the semiconductor company had picked Greater Columbus for what will be the biggest economic development project in state history. Read Article
Oracle to Buy Cerner in $28B Health Care Play
CFO.com - Matthew Heller
In its largest deal ever, Oracle will acquire electronic medical records company Cerner for $28.3 billion to accelerate its push into health care.
 
Oracle’s move comes seven months after cloud-computing rival Microsoft agreed to pay $19.7 billion for Nuance Communications, a provider in voice-recognition software used in hospitals, clinics, and doctors’ offices.
 
“The digital patient record market, like most industries, is adopting cloud-computing technology,” The New York Times reported. “Both Microsoft and Oracle, analysts say, see the huge health care market as a path to strengthening their positions in the cloud business.” Read Article
Walmart Sued for Illegal Toxic Waste Disposal
CFO.com - Matthew Heller
California officials allege the retail giant unlawfully disposes of more than one million items of hazardous waste each year in the state.
 
California officials have sued Walmart for allegedly dumping hazardous waste improperly at municipal landfills over the past six years.
 
Since February 2015, the retail giant has illegally disposed of waste including alkaline and lithium batteries, insect killer sprays and other pesticides, aerosol cans, toxic cleaning supplies, electronic waste, latex paints, and LED lightbulbs, California Attorney General Rob Bonta, joined by the district attorneys for 12 counties, said in the complaint. Read Article
Tesla Delivers Almost 1 Million Cars Globally
IndustryWeek – Agence France-Presse
The 87% leap in sales significantly exceeds Tesla's stated goal of 50% annual sales growth.
Agence France-Presse
 
Tesla said Sunday it delivered nearly one million vehicles in 2021, almost twice as many as in the previous year, results that were better than expected despite global supply challenges.
 
The U.S. electric carmaker delivered more than 936,000 cars of all models in 2021, an increase of 87% over the previous year, the company said in a statement. Read Article
Real 'Supply Chain Crisis' is Shortage of Companies Treating Truck Drivers with Respect
USA Today - Omar Alvarez, Opinion Contributor
I am considered an independent contractor because I own my own truck. But the shipping company controls almost every aspect of my job.
 
These days, news about the "supply chain crisis" feels inescapable. I heard a lot on television about how the holiday season was at risk, shelves are empty and COVID-19 tests may be scarce because of a "truck driver shortage" while dozens of container ships sit without moving outside of the ports of Los Angeles and Long Beach.
 
As a truck driver at the ports for the last 12 years, I get it. I’ve never seen anything like this before. Like many others, I feel a sense of panic looking at long lines of trucks trying to gain entry into the ports to get goods moving off of container ships and into warehouses. Read Article
Nucor Establishes Mason County, West Virginia, Sheet Mill
Area Development - News Desk
Nucor Corporation will build its new $2.7 billion state-of-the-art sheet mill in Mason County, West Virginia. The project is expected to create 800 jobs when complete.
 
The new sheet mill is expected to have the capacity to produce three million tons of steel annually. The facility will be equipped to produce 84-inch sheet products, and among other features, will include a 76-inch tandem cold mill and two galvanizing lines. Construction is expected to take two years pending permit and regulatory approvals. Additional sites in Northern West Virginia are also under consideration for a transload and processing facility. Read Article
U.S. Steel Plans Osceola, Arkansas, Advanced Steel Making Plant
Area Development - News Desk
Integrated steel producer U.S. Steel Corporation will locate an advanced steel making plant in Osceola, Arkansas. The $3 billion project is expected to create at least 900 full-time direct and indirect jobs.
 
According to company officials its next-generation highly sustainable and technologically advanced mill will be located close to U. S. Steel’s cutting-edge Big River Steel plant. The facility is engineered to bring together the most advanced technology to create the steel mill of the future that delivers profitable solutions for our customers. Read Article
Tesla Driver is First to Face Felony Charges in Crash Involving Autopilot
Axios - Yacob Reyes
California prosecutors have filed two manslaughter charges against the driver of a Tesla, who ran a red light and killed two people in 2019 while using the vehicle's Autopilot function, AP reports.
 
Why it matters: The driver, Kevin George Aziz Riad, is the first person in the U.S. charged with a felony for a fatal car crash involving Tesla's advanced driver assist system, according to AP. Read Article
Microplastics Are in the News, and Manufacturers Are Seeing Lawsuits
IndustryWeek - Megan Baroni, Rachel Henke
Cases filed under federal environmental law, state consumer protection laws, as well as the common law are having real impacts on industries that produce and use plastics.
 
The large-scale production and widespread use of plastics in manufacturing exploded in the 1950s. Since then, a staggering 8.3 billion metric tons of virgin plastics have been produced. Once considered a useful product, about 70% of this plastic is now waste.
 
When larger plastic items break down, either through wear of products or breakdown in a landfill, “microplastics” are formed. Microplastics can also be directly released into the environment by manufacturing processes. They can enter the environment at every state of their lifecycle, from airborne discharge during manufacturing, shedding during product use, mismanagement of waste and stormwater/wastewater discharges. Read Article
GM Announces $7 Billion for Michigan Battery Plant, Renovations
IndustryWeek - Ryan Secard
In a news conference today, General Motors Co. CEO Mary Barra announced the company would invest more than $7 billion across four of its Michigan factories in a bid to ramp up the company’s electric-vehicle production. The latest moves include a new battery factory and upgrades for existing plants. According to Barra, the new factory and renovations will create 4,000 new jobs and retain 1,000.
 
The largest items in the announcement are $4 billion in renovations for GM’s Orion Assembly plant to enable it to build the company’s announced electric pickup trucks and $2.6 billion to build a third battery plant operated by GM and LG Energy Solution’s joint venture Ultium Cells LLC near Lansing, Michigan. In addition, two other plants near Lansing will each receive $510 million for other upgrades and new production. Read Article
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Financial News
Who Should Regulate: Chairs or Majorities of the Board
Brookings Institution - Aaron Klein, Senior Fellow - Economic Studies
2021 ended with a mini-crisis at the Federal Deposit Insurance Corporation (FDIC) resulting in the chair resigning after being outvoted by a majority of the board of directors. While this fight received substantial press attention, a similar fight occurred at the National Credit Union Administration (NCUA) where a majority of its board overruled its chair. These incidents highlight how financial regulators’ ability to function in the current politically polarized environment can depend on the agencies regulatory structure.A careful examination of recent trends shows trouble on the horizon for regulators of all shapes and sizes.

The threat is not just messy politics regarding boards. The ability of single-headed agencies to remain independent of the electoral swings is in doubt. Two recent Supreme Court decisions—featuring the new conservative majority—struck down provisions of two major laws that emerged from the last financial crisis which aimed at creating stronger regulations to address consumer financial protection (CFPB case) and the government-sponsored housing finance agencies (FHFA case). The Court effectively turned the head of each agency into an at-will appointee easily removed by any sitting president, overturning Congress’ intent to create agency heads serving fixed terms meant to provide independence from easy removal by the president. Read Article
Was CFO Absence at Theranos a Warning Sign?
CFO Diver - Robert Freedman, Senior Editor
Investors poured some $1.5B into Elizabeth Holmes' blood-testing startup despite the absence of a finance chief.

When a jury convicted former Theranos CEO Elizabeth Holmes on January 3 on four counts of fraud, it laid bare what happens when investors gloss over the importance of due diligence in their rush to be part of the next big thing – but it also showcased the importance of the CFO in keeping a company grounded to reality.

Theranos, the blood-testing technology company that was once the darling of Silicon Valley, had one CFO in its 15 years as a business, Henry Mosley, a finance veteran who was fired from the company in 2006 after being in the seat only eight months. Read Article
M&A in 2021 Lifts Buyers' Stock Prices Most in Five Years
CFO Dive - Jim Tyson, Senior Reporter
Dive Brief:
Global dealmaking last year pushed up the stock price of acquiring companies 1.4 percentage points above the return of the MSCI World Index in the first outperformance over the index since 2016, according to a study by Willis Towers Watson and Bayes Business School.

The number of transactions worldwide valued at more than $100 million rose to 1,047 last year, a 55% increase compared with 2020 and the highest total since WTW began collecting data in 2008.

The volume of large deals in North America surged last year, with 614 transactions nearly doubling the 325 deals in 2020, WTW said. At the same time, the stock prices of acquiring firms outperformed their regional index by an average of only 0.5 percentage points. Read Article
Actions in the Federal Courts
Better Markets - Spotlight on the Supreme Court
Every term, the U.S. Supreme Court decides cases influencing not just major social policies such as abortion and gun control but also financial and economic issues that can profoundly affect the lives of virtually all Americans—anyone with a bank account, credit card, mortgage loan, or retirement fund. We regularly issue reports highlighting these critically important economic and financial cases. Read our preview of the current term here, and our recap of the last term here.

This term, the Court’s docket includes a number of cases that will address major legal questions in the areas of arbitration and the fiduciary duties owed to retirement savers. The Court will also consider matters of administrative law, a seemingly technical area of law that can profoundly affect the ability of regulatory agencies to carry out their mission of protecting the public from financial frauds and other threats to public health, safety, and welfare. Read Article
Elizabeth Holmes Guilty Verdict Sends a Warning to Silicon Valley. Will Investors Listen?
Tech Explore – USA Today, Celina Tebor
Elizabeth Holmes, a Stanford dropout at 19 with a baritone timbre and piercing stare, became Silicon Valley's sweetheart when she convinced wealthy investors she could revolutionize blood testing and promised Americans that their medical lives would be changed forever.

After over $900 million of investments from wealthy donors, falsified blood tests, felony charges in 2018, and a guilty verdict four years later, the promises from the former Theranos CEO fell flat on their face in the public eye.

But in Silicon Valley, where most startups fail and the mantra of "fake it till you make it" is gospel, it remains to be seen whether tech investors and entrepreneurs will change their risky habits following Holmes' conviction. Read Article
Thieves Nab $100M in Pandemic Relief Funds
CFO.com - Matthew Heller
The Secret Service says funds from CARES Act programs including the PPP were stolen by individuals and organized criminal networks worldwide.

Fraudsters have stolen nearly $100 million from pandemic relief programs for businesses and the unemployed, according to the Secret Service.

The amount of stolen funds represents roughly 3% of the $3.4 trillion dispersed under the Small Business Administration’s Paycheck Protection Program, the Economic Injury Disaster Loan program, and the Pandemic Unemployment Assistance program.

“There’s no doubt that the programs were easily accessible online. And so, with that, comes the opportunity for bad actors to get into that mix,” Roy Dotson, the national pandemic fraud recovery coordinator for the Secret Service, told CNBC. Read Article
Nikola Fined $125M for Investor Fraud
CFO.com - Matthew Heller
The SEC says the electric vehicle maker misled investors about key aspects of its business, including its technology and a partnership with General Motors.

Electric vehicle maker Nikola has agreed to pay $125 million to settle charges that it misled investors about key aspects of its business, including its technology and a partnership with General Motors.

The settlement with the U.S. Securities and Exchange Commission came five months after Nikola’s founder and former CEO, Trevor Milton, was charged with securities fraud for misrepresenting the company’s business prospects to inflate its share price.

The SEC said Nikola was not only at fault for Milton’s alleged misconduct but also for making “other material misrepresentations” to investors about, among other things, the refueling capabilities of its hydrogen fuel cell trucks. Read Article
Apple Becomes First Company to Hit $3 Trillion Market Value, Then Slips
Reuters - Nivedita Balu and Noel Randewic
Jan 3 (Reuters) - Apple Inc (AAPL.O) on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.

On the first day of trading in 2022, the Silicon Valley company's shares hit an intraday record high of $182.88, putting Apple's market value just above $3 trillion. The stock ended the session up 2.5% at $182.01, with Apple's market capitalization at $2.99 trillion. Read Article
Fact or Fiction: The IRS Wants to Know About Your Paypal and Venmo Transactions in 2022
CNET - Courtney Johnston
If you're self-employed or have a side hustle and get paid through digital apps like PayPal, Cash App or Venmo, any earnings over $600 will now be reported to the IRS. A provision from the 2021 American Rescue Plan, which went into effect on Jan. 1, directs third-party payment processors to report transactions received for goods or services totaling over $600 per year to the IRS.

Prior to this legislation, a third-party payment platform would only report to the tax agency if a user had more than 200 commercial transactions and made more than $20,000 in payments over the course of a year.

This new law won't apply to your 2021 taxes, which you'll file this tax season. But it will apply to the earnings you make throughout 2022, which you'll report when you file in 2023. Read Article
Pension Plans Gain While Facing Headwinds in 2022: Goldman
CFO Dive - Jim Tyson, Senior Reporter
Dive Brief:
Pension plans among Standard & Poor’s 500 companies rose to fully funded status last year for the first time in more than 10 years, but entered 2022 buffeted by high inflation and other headwinds, Goldman Sachs Asset Management said.

“2021 was, without a doubt, a banner year for most [defined benefit pension] plans from a funded status perspective,” Goldman said in a report. “The combination of higher interest rates and strong returns from risk assets allowed many plans to reach their highest funded levels in more than a decade.”

Still, “the path forward for plan sponsors may not be as easy” as in 2021, according to Goldman. “There is uncertainty related to inflation, interest rate volatility has increased, credit spreads are at historically tight levels and U.S. equity markets are trading near record highs.” Read Article
54 Members of Congress Have Violated a Law Designed to Stop Insider Trading and Prevent Conflicts-of-interest
Insider - Dave Levinthal
Insider and other media have identified numerous US lawmakers not complying with the federal STOCK Act.
Their excuses range from oversights, to clerical errors, to inattentive accountants.

Ethics watchdogs — and even some in Congress — want to ban lawmakers from trading individual stocks. Read Article
Suppliers Are Like Workers: They Both Come Up Short
IndustryWeek - Paul Ericksen
Note to OEMs: ‘Continuous improvement’ doesn’t mean continuously sticking it to the little guy.

My November 11 column, ‘We Are Not a Family’: Is It Any Wonder Workers Are Unhappy?”, discussed how many corporations have marginalized wages, whittling down the employee leg of the traditional “three-legged stool” of corporate stakeholders and channeling more profits to investors.

Since my columns typically focus on how OEMs can more effectively manage suppliers, let’s tie these ideas to the supply chain. The goal of most corporations—at least in theory—is to compete more effectively by becoming world-class-performing enterprises. Read Article
Adding Additive Transforms Metal Parts Manufacturer
IndustryWeek - Dennis Scimeca
When the engineers at Metalcraft Solutions, formerly Acro Tool and Die, set out to learn the science of additive manufacturing it was to serve the traditional book of business that had fueled the company for over 60 years. They did not get the results they expected but may have set the stage for decades’ worth of future successes.
Akron, Ohio, known as the Rubber City and birthplace of B. F. Goodrich, Goodyear, Firestone and Cooper was still at the heart of America’s tire mold manufacturing industry when Acro Tool and Die was founded in 1951. “It was a great book of business for a long, long time,” says Terry Ellis, general manager at Metalcraft Solutions. “The tire mold industry was centered in Akron, Ohio, and we had a strong position providing those types of components.” Read Article
US Steel to Build New Steel Mill in Osceola, Arkansas
IndustryWeek - Staff
The new mini mill in Osceola, Arkansas, will produce up to 3 million tons of raw steel a year by 2024, the company says.

U.S. Steel Corp. announced January 11 that it would build its latest steel mill in Osceola, Arkansas, close to the company’s existing Big River Steel mill. The new $3 billion mini mill will add two electric arc furnaces to the site and almost double its annual capacity, increasing it by 3 million tons of raw steel to 6.3 million tons per year. Read Article
PBGC Makes First SFA Payment to Financially Troubled Multiemployer Pension Plan
Pension Benefit Guaranty Corporation
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that $112.6 million has been paid in special financial assistance to the Local 138 Pension Plan (Local 138 Plan), a financially troubled multiemployer pension plan based in Baldwin, N.Y.

The Local 138 Plan, covering 1,723 participants in the transportation industry, is the first plan to receive funds under the Special Financial Assistance (SFA) Program. The plan had been projected to run out of money early this year. 

Without the Special Financial Assistance Program, the Local 138 Plan would have been required to reduce participants’ benefits to the PBGC guarantee levels upon plan insolvency, which is roughly 20 percent below the benefits payable under the terms of the plan. Special financial assistance will enable the plan to continue to pay retirees’ benefits without reduction for many years into the future. Read Release
Machine Tool Orders Surged in November, per AMT Report
Assembly Magazine
MCLEAN, VA—Last week, the The Association for Manufacturing Technology announced that machine tool orders jumped 14 percent in November 2021, the latest month for which data is available. Orders totaled about $650 million for the month, compared to an adjusted $571 million in October 2021.

The November figure also more than doubled November 2020’s $307.6 million. The year-earlier figure occurred as the industry was recovering from the initial waves of the COVID-19 pandemic. Read Article
International News
Mexico, Latin America, South America and the Caribbean
Trade Trends Estimates: Latin America and the Caribbean - 2022 Edition
InterAmerican Development Bank
Throughout 2021, the region's trade performance improved rapidly and more than expected. On the other hand, with the new wave of infections due to the Omicron variant, the increasing market volatility, and the new supply chain disruptions, what is the outlook for 2022? This report analyzes the recovery from the initial impact of the pandemic and assesses the balance of risks going forward.
 
The publication highlights that:
•          Export values from Latin America and the Caribbean grew by 24.8% and 27.8% in 2021 after falling 9.1% in the previous year.
•          The recovery was driven mainly by prices, while volumes expanded more slowly.
•          The slowdown in export growth will likely continue in the coming months.

To learn more, download this publication from the IDB's Integration and Trade Sector and its Institute for the Integration of Latin America and the Caribbean (INTAL). Download Report
 
Crime and Anti-crime Policies in Mexico in 2022: A Bleak Outlook
Brookings Institute - Vanda Felbab-Brown
Editor's Note: The 2022 outlook for both the rule of law and public safety in Mexico and meaningful U.S.-Mexico security cooperation remains bleak, writes Vanda Felbab-Brown as she discusses her findings from recently spending several weeks in various parts of Mexico researching the evolution of crime and security policies. This piece was originally published by Mexico Today.
 
It might seem that 2022 is starting off with important positive news about the crime and security situation in Mexico. The Mexican government announced that homicides declined by 3.6% from the previous year to 33,308, just below the 33,739 in 2018 when Andrés Manuel López Obrador became president. And in December, the new U.S.-Mexico Bicentennial Framework for Security, Public Health, and Safe Communities went into effect, replacing the Mérida Initiative that López Obrador intensely disliked while his administration severely minimized U.S.-Mexico security cooperation. Read Article

U.S. Embassy Calls for Calm, Dialogue After Brawl in Honduras' Congress
Reuters - Gustavo Palencia
TEGUCIGALPA - The United States embassy in Honduras on Saturday called for calm and dialogue after lawmakers brawled in Congress a day earlier amid a dispute over who would head up the legislative body, just days before President-elect Xiomara Castro takes office.
 
"Due to the events of January 21, the United States calls on political actors to remain calm, engage in dialogue and refrain from violence and provocative rhetoric, and urges their supporters to express themselves peacefully while respecting the rule of law," the U.S. embassy in Tegucigalpa tweeted. Read Article and See Video
Canada, Europe and Great Britain
German Health Minister's Office Vandalized
DeutscheWelle
People angry over COVID curbs have been held responsible for damaging the offices of two German lawmakers on New Year's Eve — including the constituency office of Health Minister Karl Lauterbach.
It is the second time in recent weeks Lauterbach's office has been the target of vandals
 
German Health Minister Karl Lauterbach criticized an apparent vandalism attack on his local constituency office on New Year's Eve, German media reported on Sunday.
 
Lauterbach, a member of the center-left Social Democrats (SPD), said that the windows of his office in the western city of Cologne were smashed. Read Article

Slovak Flying Car Receives Official Certification
IndustryWeek - Agence France-Presse
AirCar completed its first intercity flight in June 2021.
 
Slovakia's Transport Authority on Tuesday said it had issued a certificate of airworthiness for flying car model AirCar, a first step towards commercial production of the invention.
 
"AirCar certification opens the door for mass production of very efficient flying cars," said Stefan Klein, founder and chief executive of KleinVision, a company that designed and manufactured the prototype of the dual-mode car-aircraft vehicle. Read Article    
China and Southeast Asia
Winter Olympics 2022: Beijing Reports Spike in New Virus Cases
BBC
Strict bubble rules are in place to separate arriving athletes and the local public.
 
Beijing has reported its highest number of Covid-19 cases in 18 months, five days ahead of the start of the Winter Olympics in the Chinese capital.
 
After 20 more cases were reported in the capital, officials announced that some local areas had been locked down with residents being tested.
 
Separately, organisers of the Olympics reported 34 new infections within the event's "closed-loop" bubble. Read Article

US Bans Telecom Giant China Unicom Over Spying Concerns
BBC
China Unicom has become the latest Chinese telecoms giant to be banned from the US over "significant" national security and espionage concerns.
 
The Federal Communications Commission (FCC) said it had voted unanimously to revoke authorisation for the company's American unit to operate in the US.
 
The firm must stop providing telecoms services in America within 60 days. Read Article
Asia, India and Australia
Why India Needs to Pay Attention to Russian Military Build-up in Ukraine
Indian Exprress - Tanvi Madan
It’s not surprising that with several other issues facing India, the Russian military build-up near Ukraine — one of its largest recent mobilisations — is not getting much attention. But it should. What happens in Europe will not stay in Europe. In 2014, the Russian annexation of Crimea created problems for India. And if Moscow again takes military action against Ukraine, it will significantly complicate India’s objectives vis-à-vis Russia, China, the US, Europe, and even Ukraine. Read Article
 
Bihar Railways Exam Violence: 'We are Graduates, We are Hungry'
BBC - Soutik Biswas, India correspondent
"We are graduates, we are jobless, we are hungry. Don't kick us in our stomachs," a young man in India's eastern state of Bihar told a colleague this week.
 
His anguish followed three days of rioting over jobs spread over a dozen districts in one of India's most backward states. More than 10 million aspirants had signed up for 35,000 jobs with the railways, India's largest employer.
 
Aspirants alleged that the hiring process was non-transparent and riddled with problems, including allowing those with higher qualifications to compete for jobs for less qualified candidates. Frustration led to anger and escalated to violence. Read Article 
Africa, Middle East, Eastern Europe and Russia
South Africa Lays Archbishop Desmond Tutu to Rest
DeutscheWelle
A modest requiem Mass for Archbishop Desmond Tutu took place at Cape Town's Anglican cathedral. The anti-apartheid hero died aged 90 on December 26.

South African anti-apartheid hero Archbishop Desmond Tutu was laid to rest on Saturday at a state funeral in Cape Town's St. George's Cathedral.

His remains will now undergo a process called aquamation, a flameless cremation process that uses water to break down the body until the bones remain and are turned to dust. When the process is complete, his remains will be also be buried at St. George's. Read Article and See Video

An Examination of the 2035 Vision for China-Africa Cooperation
Brookings Institution – Yun Sun, Nonresident Fellow - Global Economy and Development, Africa Growth Initiative
The November FOCAC Ministerial Meeting in Dakar adopted four documents: The Dakar Action Plan (2022–2024); the 2035 Vision for China-Africa Cooperation; the Sino-African Declaration on Climate Change; and the Declaration of the Eighth Ministerial Conference of FOCAC. There is considerable overlap in terms of coverage and substance in the four documents. All of them present long, exhaustive lists of issues and areas of cooperation between China and Africa.

The 2035 Vision for China-Africa Cooperation particularly stands out as the first mid- to long-term cooperation plan jointly developed by China and Africa. The Vision defines the overall framework of China-Africa cooperation for the next 15 years. The timing of its release, the framing of the issues, as well as the specifics of economic cooperation are of particular interest and worthy of examination. Read Article   

Turkey's Inflation Hits 36% Amid Financial Turmoil
BBC
Turkey's annual inflation rate has soared to a 19-year high, underlining the country's financial turmoil and alarm over its president's policies.

Prices hit more than 36% December as the cost of transport, food and other staples ate into household budgets.

Most central banks raise interest rates to help cool inflation but Turkey has gone the other way.
It has meant a collapse in the value of the lira, as Tayyip Erdogan priorities exports over currency stability. Read Article
Proactive Technologies' Project Partners
Frank J. Gibson Consulting
"One thing is certain... nothing is certain!"

The rate of change affecting work, the worker, management and the educational institutions that service all three has been accelerating - made worse by the unexpected Covid-19 pandemic. The economy, the consumer, supply chains and operational strategies have all been disrupted in the short-term, casting doubt on the long-term.

Rapid adaptation is the key to survivability, sustainability and growth. Sometimes an experienced outside advisor can help facilitate needed improvements to take the worry out of change and the fear out of growth. Frank J. Gibson Management and Workforce Excellence Advisor

  • Business Development & Growth
  • Workforce Development and Optimization
  • Training and Cross-Training
  • Local,/Regional Workforce Development Projects and Community Development
  • Facilitated Problem Solving
  • Process Improvement Cross-Functional Leadership Coaching and Mentoring
  • Internship and Apprenticeship Projects
  • Strategic Doing/Strategic Planning



Copyright © 2022 Frank J. Gibson
ALL RIGHTS RESERVED
PTI Systems
International, Inc.™
  • Affiliated with Proactive Technologies, Inc. for projects outside the United States;
  • Workforce development partner for employers, and education/ training providers who support employers, to ensure every worker can be trained to full job mastery;
  • Experienced with governmental, IDB, GIZ and economic development agency sponsored projects;
  • Experienced in assuring multinational employers expanding to the U.S. have the skilled workforce they need.
  • PTI Systems International sets-up complete worker development and performance management systems, and provides technical implementation support;
  • We provide strategies for our project's transition to local management.
  • Speakers for seminars and conferences.

Don't complain about a "skills gap," deliberately develop every worker to full job mastery! 


© 2018-22 PTI Systems International, Inc.™
MEMORABLE QUOTES
"The aim proposed here for any organization is for everybody to gain – stockholders, employees, suppliers, customers, community, the environment – over the long term.".                                                 
American engineer, statistician,
professor, author, lecturer, and
management consultant
1900 - 1993

“The stock market itself seems to be mainly driven by fashions and fads. However, when you look at individual stocks, it’s a different story, because individual stocks are much more diverse, and some of them can be predicted to perform well over the long run.”

Shiller is an American economist, academic, and best-selling author.
1946 - 

“The young man knows the rules but the old man knows the exceptions.”

Former Associate Justice of the Supreme Court of the United States
1841 – 1935
International Trade News
U.S. Department of Commerce - Bureau of Economic Analysis
U.S. International Trade in Goods and Services, November, 2021
The U.S. monthly international trade deficit increased in November 2021 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $67.2 billion in October (revised) to $80.2 billion in November, as imports increased more than exports. The previously published October deficit was $67.1 billion. The goods deficit increased $15.1 billion in November to $99.0 billion. The services surplus increased $2.1 billion in November to $18.8 billion. Read Report

U.S. International Transactions, Third Quarter 2021
The U.S. current-account deficit widened by $16.5 billion, or 8.3 percent, to $214.8 billion in the third quarter of 2021, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised second-quarter deficit was $198.3 billion. The third-quarter deficit was 3.7 percent of current-dollar gross domestic product, up from 3.5 percent in the second quarter. Read Report

New Foreign Direct Investment in the United States
The statistics on new foreign direct investment in the United States provide information on the acquisition, establishment, and expansion of U.S. business enterprises by foreign direct investors. Read Reports

BEA International Trade and Investment Country Facts
Data for selected investment topics. Access Topics
U.S. Department of Commerce - Bureau of the Census
Monthly Wholesale Trade
November 2021 sales of merchant wholesalers were $630.8 billion, up 1.3 percent (+/- 0.5 percent) from last month. End-of-month inventories were $771.1 billion, up 1.4 percent (+/- 0.4 percent) from last month. November 2021: +1.4 % change in Inventories; October 2021 (r): +2.5 % change in Inventories. Read Report

Manufacturing and Trade Inventory and SalesNovember, 2021
U.S. total business end-of-month inventories for November 2021 were $2,158.2 billion, up 1.3 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,723.7 billion, up 0.7 percent (+/- 0.2 percent) from last month. November 2021: +1.3 % change in Inventories; October 2021 (r): +1.3 % change in Inventories. Read Report
Organisation for Economic Co-operation and Development
U.S. Data versus the World
Find, compare and share the latest OECD data: charts, maps, tables and related publications. Access Data
International Trade in Services
Trade in services records the value of services exchanged between residents and non-residents of an economy, including services provided through foreign affiliates established abroad. This indicator is measured in million USD and percentage of GDP for exports, imports and net trade. Services include transport (both freight and passengers), travel, communications services (postal, telephone, satellite, etc.), construction services, insurance and financial services, computer and information services, royalties and license fees, other business services (merchanting, operational leasing, technical and professional services, etc.), cultural and recreational services, and government services not included in the list above. Trade in services drives the exchange of ideas, know-how and technology, although it is often restricted by barriers such as domestic regulations. All OECD countries compile their data according to the 2008 System of National Accounts (SNA). Access Data and Tables
Wall Street Is the Root Cause of the Supply Chain Crisis
IndustryWeek - Eamon McKinney
Commentary
Treating the symptoms of current problems won’t solve anything.

All Americans are by now well aware of the situation at the L.A. ports. Most have already experienced the fallout from this fiasco. Shortages are affecting just about every area of commerce and the lives of ordinary Americans. The full impact of this has likely not yet been experienced yet. How many small businesses will still be standing when the essential and long-delayed supplies finally reach them, months late?

The blame game has been in full swing, and there has no shortage of targets for those pointing the finger. It is easy to blame the ports, the drivers, the shipping companies, the logistics industry, and more. However if we wish to sincerely identify the root cause of the problem we are required to go back in time, back to the mid 1980s. Read Article
Supply Chains: Companies Shift From 'Just in Time' to 'Just in Case'
Area Development – Financial Times, Brooke Masters and Andrew Edgecliffe-Johnson
While much of the focus on localization has been driven by logistics issues, the trend also dovetails with efforts to address global warming.

Heineken sells 300 brands to customers in 190 countries. But part of the brewer’s strategy has been to produce regional brands locally and then export them to bigger markets. When it bought majority control of Red Stripe in 2015, it repatriated production to Jamaica. Similarly, the Dos Equis brand was brewed exclusively in Mexico, though much of its sales were in the U.S. and elsewhere. Read Article
Commission Launches New Complaints System to Fight Trade Barriers and Violations of Sustainable Trade Commitments
Brookings Institution – Tech Steam, Emily Weinstein
It wasn’t long ago that many U.S. government officials and China experts still clung to the idea that Chinese innovation was mostly based on copying U.S. methods and technology. To some extent, they weren’t entirely wrong. As the analyst Arthur Kroeber argues in China’s Economy, Chinese firms are good at “adaptive innovation”—the concept of “taking existing products, services, or processes and modifying them to make them more receptive to China’s economic and military needs.” So when China’s People’s Liberation Army unveiled its J-20 stealth fighter in 2011, it caused an uproar in U.S. defense circles because of its similarity to American equivalents and seemed to confirm the perception of China as reliant on copying the work of others. Indeed, whether by theft or forced transfer, the acquisition of foreign intellectual property has served as a key component of China’s technological forward march. Read Article
Trillion-Dollar Capital Flows into the U.S. Are Driven by Tax Avoidance, Trading, and a Tiny Bit of Real Investment
Coalition for a Prosperous America – Jeff Ferry
Global capital flows are the driving force behind the rise of the dollar, which rose 3.9% in 2021. In the last ten years, the dollar is up 25.5%. The US attracts capital for many reasons, including tax avoidance, speculative trading, and a relatively small amount of genuine investment.

The deregulation of financial markets in the 1970s unleashed a tidal wave of capital onto world markets. While this was promoted and defended by the banking and investment industries as a way to increase efficiency, it has also led to instability, misaligned exchange rates, currency crises in developing countries, large and growing trade deficits and surpluses. The IMF labels all those things “global imbalances,” and tracks it carefully in its annual External Sector report, showing serious global imbalances totaling 1.2% of world GDP in 2020.

These imbalances impact the US by keeping our currency, the US dollar, overvalued, due primarily to the attractiveness of US assets to international investors. The overvalued currency erodes our manufacturing and farm sectors of our economy by giving imports an unfair advantage in the US market and making our exports, including our farm products, less competitive compared to the foreign competition. Read Article
Offshoring Gone Wild: Stories from the Front
Industry Week - Paul Ericksen
Readers share experiences with Chinese business ethics.

I ended my December 15 article, “A Look at China’s Unethical Business Practices,” with the comment that “I’d appreciate hearing about any experiences you have had or know of relative to Chinese business ethics.”
Whoa! That statement sure must have hit a nerve, since I heard back from a lot of readers who provided me with a couple of dozen firsthand experiences related to that request.

They are compelling in their own right, so I am sharing a representative number (edited for spelling and grammar) of reader responses: Read Article
CarParts.com CFO Loads up Inventory as Just-in-Time Delivery Loses Favor
CFO.com - Maura Webber Sadovi, Senior Reporter
In this environment, companies that have what customers want, when they want it, are the ones coming out on top, CFO David Meniane says, but he predicts the pendulum swinging back in 2023.

CarParts.com’s CFO-COO David Meniane is one of an increasing number of financial executives bulking up inventory and pushing back on the long-time trend toward just-in-time lean inventory management.
The e-commerce company’s inventory, which focuses on gaskets and brakes and other parts for car owners, has risen to $131.7 million as of the third quarter, nearly 3x the size it was before the pandemic in December 2019, according to SEC filings. Read Article
Chip Crisis Pushes European Car Sales to New Low
IndustryWeek - Agence France-Presse
E.U. car sales fell to a new low last year as the auto sector was hobbled by the COVID pandemic and a shortage of computer chips, industry figures showed Tuesday.

Registrations of new passenger cars in the E.U. slid by 2.4% in 2021, to 9.7 million vehicles, the worst performance since statistics began in 1990, according to data from the European Automobile Manufacturers Association (ACEA).

That follows the historic fall of nearly 24% suffered in 2020 due to pandemic restrictions, and brought new car registrations in the EU to 3.3 million below the pre-crisis sales of 2019. Read Article
The Trade Deficit is Worse Than We Thought: De Minimis Hides $128 Billion of U.S. Imports
Coalition for a Prosperous America – Jeff Ferry
Summary: This is the first ever estimate of substantial missing import data due to the U.S de minimis program. The “de minimis” provision of U.S. customs law allows imports valued at less than $800 to enter the U.S. duty-free. The impact of de minimis on the U.S. economy is large and getting larger. We estimate the value of de minimis imports into the U.S. at $128 billion last year, suggesting our actual trade deficit in 2021 was 15% higher than official figures show, and U.S GDP was slightly lower. Rising de minimis imports cost the U.S. hundreds of thousands of good-paying jobs and hurt the U.S. manufacturing and bricks-and-mortar retail sectors. Congress should support Rep. Blumenauer’s bill to stop Chinese exporters’ eligibility for de minimis treatment. It should go further and reduce the de minimis limit to $10 to stop the unchecked, unregulated flood of imports into the U.S. market.

Government data on imports and the trade deficit is increasingly understated because the large and growing volume of imports from the de minimis program are not included. The 2021 goods trade deficit is expected to be over $1 trillion, a new high. But our analysis shows there is likely $128 billion of imports missing from the government data. This is a conservative estimate. The actual total could be higher. Read Article
Tariffs Are Not Causing Inflation
Industry Week – Jeff Ferry, Opinion
Some economists simply want to follow their outdated textbooks rather than common sense.

It’s headline news right now that inflation is hitting the United States. And according to some pundits there’s a clear scapegoat for rising prices: the tariffs imposed by the Trump administration in 2018. In reality, this is nothing more than special pleading by importers disguised as economic argument—and there’s simply no basis for such claims. But that hasn’t stopped Washington’s import lobby, which prefers to flood the nation with cheap goods from China, from once again trying to rewrite U.S. trade policy.

It’s important to remember why the tariffs were initiated in 2018. They were imposed on industrial products such as solar panels and steel after lengthy federal investigations into heavily dumped imports. Read Article
Education And Workforce Development News
Community College Transfer is Broken. How Do We Fix It?
Community College Daily News – Joseph Allen
Community college transfer has long been viewed as one of the best tools for improving postsecondary attainment in the United States. But despite its potential, the promise of transfer articulation remains largely unfulfilled — and increasingly threatened by the financial and economic fallout of the pandemic.

Recent data on the effects of the pandemic on college enrollment suggest a worrying nationwide decline in student transfers that threatens to reverse a decade of progress. Nationally, nearly 200,000 fewer students transferred in 2020-21 than in the previous year, with disproportionately high declines among Black and Latinx students that reinforce existing equity gaps. Read Article
TAACCCT-ical Assessment
Community College Daily News
In Ohio, a group of community colleges has reduced the time it takes for students to earn a credential by awarding credit based on competency rather than seat time.

In Mississippi, high school dropouts and other low-skill adults are receiving critical workforce training and even earning a college degree, thanks to a program that has transformed the delivery of remedial education.

And in California, an innovative public-private partnership has revolutionized the way students are prepared for manufacturing jobs and other in-demand careers by modeling instruction after a 40-hour workweek. Read Article
How to Build Stronger Bridges Between Colleges and the Communities They Serve
Community College Daily News – Stacy Townsley
Amid the Covid-19 pandemic, higher education is combatting sharp and historic enrollment declines across the country. This is especially the case at community colleges, which serve a disproportionate number of students from low-income backgrounds.

With the pandemic likewise disproportionately impacting and displacing lower-income workers and people of color, community colleges are feeling the pressure to not only enroll more learners but ensure they have a quick and clear path to a job or career. To this end, colleges are now navigating a flood of federal stimulus dollars and philanthropic funding to help address skills gaps and get people back to work. Read Article
Revamping Short-term Credential Pathways
Community College Daily News- Staff
An initiative to develop short-term credentials that better serve employers and learners has published a brief that highlights key elements gleaned over its first year from participating community colleges and their partners.
In fall 2020, Education Design Lab (EDL) announced the inaugural Community College Growth Engine Fund cohort, which included six selected institutions. The colleges received $100,000 and hands-on support from EDL to implement a “micro-pathways” project that connects low-wage and unemployed workers to work-relevant credentials, leading to quality job opportunities. (Micro-pathways are defined as two or more stackable credentials that are delivered in a flexible way, achieved within less than a year and result in a job at or above the local median wage.) Read Article
Thousands of Student Loans to be Canceled in $1.85 billion Navient Settlement. Many More Borrowers Can Expect $260
USA Today - Kevin McCoy
Thousands of student loan borrowers are expected to receive long-sought debt relief through a $1.85 billion consent judgment announced Thursday with Navient, one of the nation's largest student loan companies.
If approved by a federal court, the agreement between the Delaware-based company and attorneys general for 39 states and the District of Columbia would resolve state allegations that Navient used unfair, deceptive and abusive student loan servicing practices in originating predatory loans. Read Article
Disruption and the Future of Higher Education
Community College Daily News – Fred Lokken
Community colleges have been dominated by the coronavirus pandemic for the past two years. The pivot to virtual learning was driven by necessity, but community colleges were not strangers to online learning.

Pre-pandemic, community colleges had growing online enrollments – in fact, since the end of the Great Recession, online learning had been the primary source of enrollment growth for community colleges. Said another way, the rise of online learning and the decline of traditional instruction was well underway before the pandemic-inspired pivot. The pandemic has accelerated the move to virtual learning as community colleges attempt to return to a more traditional classroom model. Read Article
Training And Organizational Development News
3 Skills New Managers Need to Succeed
IndustryWeek - Kellogg Insight
Leaders often mistakenly presume that managers are already trained and proficient at rolling out changes with their teams.
 
Making the leap from individual contributor to manager can be fraught: for the new manager, their direct reports, and the organization as a whole. New managers tend to rise into their position based on past success. But few have the experience or training to effectively manage a high-performing team.
 
This is a huge problem for organizations large and small, according Steve King, an adjunct professor of executive education at Kellogg and former executive vice president of human resources at Hewitt Associates, where he oversaw HR for the firm’s 25,000 associates. Read Article
ASM, ASTM International Announce Educational Collaboration
Quality Magazine
ASM International announced a collaboration with global standards organization ASTM International. The objective of this course collaboration is to establish a joint hosting of educational courses between the two organizations.

The initiative is an opportunity for each organization to work together to integrate, publish, market, and collaborate on educational products to improve the value of each organization's content to their respective memberships and customers.

These educational products will include a variety of digital short courses, e-learning courses, and live, in-person courses that help to meet the needs of the materials science community at large, including topics such as: additive manufacturing, corrosion, metallographic techniques, materials characterization, and welding. Read Article
Access Proactive Technologies' Recent "Proactive Technologies Workforce News" Article Quicklinks
Located on the left panel below, this includes articles on structured worker development, achieving worker "full job mastery," engineering/quality/safety compliance, ISO/TS/AS quality program support and compliance, and many other contemporary worker development and management topics.
Recent Proactive Technologies News Article Quicklinks
JANUARY
by Dean Prigelmeier, President of Proactive Technologies, Inc.

by Stacey Lett, Director of Operations – Eastern U.S. – Proactive Technologies, Inc.– Proactive Technologies, Inc.

Stacey Lett, Director of Operations – Eastern U.S. – Proactive Technologies, Inc.– Proactive Technologies, Inc.

by Dean Prigelmeier, President of Proactive Technologies, Inc.

DECEMBER
by Dean Prigelmeier, President of Proactive Technologies, Inc.

by Stacey Lett, Regional Manager – Eastern U.S., Proactive Technologies, Inc.

Proactive Technologies, Inc. – Staff

by Dean Prigelmeier. President of Proactive Technologies, Inc.

NOVEMBER
by Dean Prigelmeier, President of Proactive Technologies, Inc.

by Stacey Lett, Director of East Coast Operations - Proactive Technologies, Inc.

by Proactive Technologies, Inc. - Staff

by Dean Prigelmeier, President of Proactive Technologies, Inc.

OCTOBER
by Dean Prigelmeier, President of Proactive Technologies, Inc.

by Stacey Lett, Regional Manager - Eastern U.S., Proactive Technologies, Inc.

by Dr. Dave Just, formally Dean of Corporate and Continuing Education at Community Colleges in MA, OH, PA, SC. Currently President of K&D Consulting

by Dean Prigelmeier, President of Proactive Technologies, Inc.

SEPTEMBER
by Dean Prigelmeier, President of Proactive Technologies, Inc.

by Stacey Lett, Director of Operations, Eastern U.S., Proactive Technologies, Inc.

by Dr. Dave Just, formally Dean of Corporate and Continuing Education at Community Colleges in MA, OH, PA, SC. Currently President of K&D Consulting Enterprise

by Dean Prigelmeier, President of Proactive Technologies, Inc.


See more articles on the Proactive Technologies , Inc. website
Proactive Technologies, Inc. Partners With Educational Institutions, Workforce/Economic 
Development Groups, Government Agencies
Structured on-the-job training attracts and engages employers in workforce development partnerships...some projects sustainable for more than 18 years!

This creates a steady need for your related technical instruction, services and a pathway for employment.

These partnerships:
  • enhance your institution's opportunity to market your products and services to incumbent workers;
  • allow your organization to include structured on-the-job training as a capstone to preemployment preparation;
  • document a trainee-to worker's increasing value to the employer - the key to retention - rather than leaving it to chance;
  • properly aligns workforce development resources and maximizes the impact and results; allows you to engage an employer's facility, equipment and staff in the training process;
  • provides the best, sustainable infrastructure for apprenticeships and internships that last!
  • is a win for the trainee, win for the worker, win for the employer, win for the institution and win for the community!

This approach has continued to prove itself since 1988, and does not compete with your school's or agency's products and services; it adds to your efforts the clear, tangible, measurable advantage that employers seek.

Proactive Technologies has continued to partner with community colleges, universities, workforce development agencies and training providers with its "hybrid approach" to worker training. Introduce the power of the PROTECH™ system of managed human resource development to your clients!

There's nothing to lose by contacting us to learn more


Copyright © 2022 Proactive Technologies, Inc.™ ALL RIGHTS RESERVED 

Tri-Rivers Career Center - Adult Education provides lifelong, continuous learning for a diverse adult population. We utilize practical skills with an eye toward technological advancement. 

We partner with state agencies and employers to provide targeted skill development to future and incumbent workers.

Our RAMTEC (Robotic and Advanced Manufacturing Technology Education Collaborative) facility - one of many throughout the state - offers advanced technical training in specialized areas such as robotics, robotic welding, and engineering technology.

Contact us for more information.

Copyright © 2022 Tri-Rivers Career Center - Adult Education - RAMTEC ALL RIGHTS RESERVED
PROACTIVE TECHNOLOGIES, INC. CLIENT SERVICES
To supplement onsite PROTECH™ system of managed human resource development classes, these regularly scheduled webinars are available to the registered staff of clients:

  • Structured On-The-Job Training Instructor Certification

  • Structured On-The Job Training Checklist Administrator Certification

  • Management Structured On-The-Job Training Project Support Briefing

  • Integrating Support for Plant-Wide ISO/AS/TS Quality and Safety Systems with PROTECH Workforce Development System

  • Supporting "Pay-For-Value" Systems

  • Promoting Continuous Process Improvement While Implementing the PROTECH System for the Accelerated Transfer of Expertise™

  • PROTECH Onsite Lead SOJT Trainer and System Administrator Certification


Contact US to attend one of these seminars and we will send you an e-reservation. Include your client ID, name and user ID number and which webinar you would like to attend.
Copyright © 2019-22 Proactive Technologies, Inc.™ ALL RIGHTS RESERVED 
Quality News
Designing a Lean Problem-Solving System with Purpose
IndustryWeek - Jamie Flinchbaugh
The following is an excerpt from People Solve Problems: the Power of Every Person, Every Day, Every Problem (2021: Old Dutch Group), the latest book by IndustryWeek lean leadership contributor Jamie Flinchbaugh.
Leaders must be system architects, taking responsibility and ownership.

Too often, managers at all levels operate the same way during the lean journey as they did before, just with some lean lingo thrown in for good measure. They might ask someone to do an A3 and feel they are doing their part for the journey. But a manager has responsibilities in the journey that go beyond using the words and supporting the journey with resources. For starters, they must be an architect of the system of work that drives effective problem-solving. Read Article
Quality Initiatives Deserve Better from Industry 4.0
IndustryWeek - James Wells
Prevention through prediction, not speed or efficiency, should be the main goal; too often, that’s lost.
Improved quality and lower quality costs are not top drivers of industrial transformation programs. Quality leaders are largely absent from high-level planning of industrial transformation initiatives, and digital transformation projects tend to miss the boat on quality—focusing instead on improved efficiency, faster delivery, and higher variety. Without a quality voice at the table, industrial transformation programs miss one of the main quality benefits: Predicting quality to prevent defects.

In a recent LNS research report, on average less than 50% of organizations with an ongoing industrial transformation initiative had a quality leader on the team. Results from industrial transformation programs are also light on quality. A Forbes report on “100 Stats on Digital Transformation and Customer Experience”, shows the top three benefits reported are improved operational efficiency, faster time to market and ability to meet changing customer expectations. Read Article
Using Simple Linear Regression for Instrument Calibration?
QM 0122 Software & Analysis: Calibration
Quality Magazine - Jennifer Atlas
Learn why orthogonal regression is a better approach.

Measurement devices must be calibrated regularly to ensure they perform their jobs properly. While calibration covers a wide range of applications and scenarios, the goal is simple: ensure your device is measuring to your standards. Most quality systems require a satisfactory measurement system, which includes formal, periodic, and documented calibration of all measuring instruments. A common problem that engineers face is how to verify that two instruments are measuring parts in a similar fashion. Read Article
Science
Algae: A Green Climate Solution?
DeutscheWelle – Global 3000
Plastic, fertilizer, fuels, even cow farts — these are all things that algae can make more sustainable. Could we be on the brink of an algae revolution? Watch Video
Richard Leakey: Fossil Hunter Who Helped Prove Humans Evolved in Africa, Dies at 77
DeutscheWelle
Paleoanthropologist Richard Leakey was the middle son of world-renowned anthropologists Louis and Mary Leakey. He helped uncover evidence to prove humankind evolved in Africa.

The paleoanthropologist Richard Leakey, renowned for uncovering evidence that humanity's ancestors evolved in Africa, died Sunday at the age of 77 in his native Kenya, President Uhuru Kenyatta has announced.
Kenyatta said he had "received with deep sorrow the sad news." Red Article
Exploding Meteor Over Pittsburgh was Equivalent to 30 Tons of TNT, NASA Says
The Washington Post - Marisa Iati
On the first morning of the new year, Andrew Koch was working at his computer in Pittsburgh when a thunder-like sound rumbled through his home.
 
He felt it in his chest more than he heard it, Koch said Tuesday. Only after Allegheny County, Pa., tweeted that there was “no explanation” for the loud noise did he check whether his home security cameras had captured the boom.
 
The footage had in fact caught what astronomers later concluded was a meteor exploding over western Pennsylvania around 11:20 a.m. on Saturday, producing an energy blast equivalent to 30 tons of TNT. The bolide — a meteor brighter than Venus — is believed to have weighed about 1,000 pounds, measured a yard in diameter and shot through the atmosphere at 45,000 mph, NASA said Tuesday. Read Article
Tonga Sunami: Before and After Eruption
BBC News
The massive volcanic eruption and tsunami in Tonga has caused catastrophic damage, with homes destroyed and many communities covered in a thick layer of ash.
 
The Tongan government says the country has been hit by an "unprecedented disaster".
 
Communications with Tonga have been severely disrupted.
 
Satellite images and aerial photographs show the scale of the destruction. Read Article
Offshore Wind Farms Could Bank Carbon Dioxide on Slow Days
Popular Science - David Goldberg is a Lamont Research Professor, Columbia University.
Off the Massachusetts and New York coasts, developers are preparing to build the US’s first federally approved utility-scale offshore wind farms—74 turbines in all that could power 470,000 homes. More than a dozen other offshore wind projects are awaiting approval along the Eastern Seaboard.

By 2030, the Biden administration’s goal is to have 30 gigawatts of offshore wind energy flowing, enough to power more than 10 million homes.

Replacing fossil fuel-based energy with clean energy like wind power is essential to holding off the worsening effects of climate change. But that transition isn’t happening fast enough to stop global warming. Human activities have pumped so much carbon dioxide into the atmosphere that we will also have to remove carbon dioxide from the air and lock it away permanently.

Offshore wind farms are uniquely positioned to do both—and save money. Read Article  
Cyber Security And IT News
Google And Facebook Hit With $238 Million Fines In France Over Privacy Violations
Forbes - Siladitya Ray
France’s data protection regulator on Thursday hit Google and Facebook with fines of €150 million ($170 million) and €60 million ($68 million), respectively, for failing to provide internet users an easy way to disable online trackers, marking the latest in a series of fines faced by the two American tech giants for failing to comply with European privacy laws. Read Article
Manufacturers Must Maintain Readiness Against Russian State-sponsored Cyberattacks
IndustryWeek - Dennis Scimeca
Understanding the particulars of this specific foreign threat.

A Cybersecurity Advisory (CSA) alert issued on Tuesday, January 11, titled “Understanding and Mitigating Russian State-Sponsored Cyber Threats to U.S. Critical Infrastructure,” written jointly by the U.S. Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI) and National Security Agency (NSA) warns of current, Russian state-sponsored cyberthreats, reviews historical avenues for attacks from advanced persistent threat (APT) actors, and advises on methods to detect, respond to, and mitigate damage from these attacks.

No recent or current attack prompted the alert. "CISA puts out alerts based on threat information, though they don’t always explain exactly what threat information prompted the alert," says Tim Erlin, vice president of strategy at Tripwire. Read Article
Apple’s AirTags are Being Abused by Car Thieves and Stalkers
DigitalTrends - Michael Allison
Apple’s AirTags‘ potential as stalker tools have been taken full advantage of, based on stories that emerged over the past week. The reports come shortly after the company rolled out an Android app that allows users to detect unknown AirTags on their person.

Two such stories involve a man and a woman, both of whom reported AirTag trackers being detected on their cars. In the case of the former, it was likely done by car thieves in an attempt to steal the man’s Dodge Charger. According to the report from Fox 2 Detroit, this was just one of many cases in the past few months. The other report comes from a woman who discovered AirTags attached to the front wheel of her car after a night spent in a bar. Read Article
Don’t Scan That QR Code! Hackers are Using Them to Steal Your Info and Money
MSN News - Komando.com, Albert Khoury
FBI warning! Cybercriminals are tampering with QR codes to rip you off. Here’s what to watch for.

Scan a QR code and you can get information such as recipes, menus, website links, contact information, links to download apps, coupons and more. Quick Response (QR) codes are a barcode that can be read by a digital device and were initially created to track automotive parts.

There are many third-party QR scanning apps out there, but you don’t even need one. Your phone's camera can scan QR codes without the need for any additional software. Tap or click here for more details.
While convenient and entertaining, scanning a QR code can expose you to malware and scams. The FBI just issued a warning regarding schemes where cybercriminals tamper with legitimate QR codes to redirect potential victims to phishing sites. Read Article
The Metachallenges of the Metaverse
Brookings Institution - Tom Wheeler, Visiting Fellow - Governance Studies, Center for Technology Innovation
Facebook founder and CEO Mark Zuckerberg told listeners to his July 2021 quarterly earnings call that “I expect people will transition from seeing us as a social-media company to seeing us as a metaverse company.”
A few weeks later, the business plan had morphed into a political plan and the Washington Post headlined, “How Facebook’s ‘metaverse’ became a political strategy in Washington.” “[T]he metaverse is already a full-on political push,” the article explained, with the goal to position the company “far from the controversies of social media”, such as privacy, antitrust, content moderation, and political extremism.

But Zuckerberg is wrong. Far from pushing today’s online problems off the front page, the metaverse heightens our challenges. Issues such as personal privacy, marketplace competition, and misinformation only become greater challenges in the metaverse due to the interconnectedness of that phenomenon. Rather than being distracted by the shiny new bauble, policymakers need to focus on the underlying problems of the digital revolution, which won’t go away with new technological developments. Read Article
AI Has a Poor Track Record, Unless You Clearly Understand What You’re Going for
IndustryWeek - Jonathan Masci
The technology requires realistic goals, a plan in place and a good grasp of the best data for the job.

The results are in for artificial intelligence – and they aren't good. The vast majority of all AI projects – 85%, according to a Gartner report – don't deliver, or simply fall short altogether. And the situation in production and manufacturing may be even worse, with an even greater failure rate. Those are awful numbers for any technology, and especially for one that is supposed to change the world.

Yet for some, AI clearly works and adds value. GE and Pepsico have used AI technologies like machine learning to improve efficiency and reduce costs. Inspired by such results, the vast majority of companies out there hope to use more AI. A PWC survey shows that 86% of U.S. executives said that AI was set to be a “mainstream technology” at their company in 2021, and that 25% of companies using AI expect to increase revenue, compared with 18% for companies overall. Read Article
Google Sued by Multiple States Over How it Handles Your Location Data
CNET - Sean Keane
It's a bipartisan effort from Indiana, Texas, Washington state and Washington, DC.

Attorneys general from Indiana, Texas, Washington state and Washington, DC, filed suits against Google over its use of location data, they announced Monday. The lawsuits, filed separately in each jurisdiction, allege that the search giant makes it "nearly impossible" for people to stop their location from being tracked, accusing the company of deceiving users and invading their privacy.

DC Attorney General Karl A. Racine began investigating Google's practices after the Associated Press reported in 2018 that Google "records your movements even when you explicitly tell it not to." Read Article
Human Resource Management News
Improving Jobs to Meet Needs of Seasoned Workers
EHS Today – Adrienne Selko
Understanding the needs of different age groups needs and tailoring jobs could help companies better manage late-career employees.

While we are hearing a lot about people retiring as a reaction either to the pandemic in terms of health concerns or career concerns, there are still a number of older workers who still don't feel ready to retire. They don’t feel their age and don’t really want a chronological marker to determine the course of their careers.

It turns out there is something to this perception. In an article on MIT’s Sloan Management Review, authors Noemi Nagy, an assistant professor in the Department of Leadership, Policy, and Lifelong Learning at the University of South Florida and Michael S. North, an assistant professor of management and organizations at New York University’s Stern School of Business, make exactly this case. Read Article
A Feeling of Belonging Key to Employee Attraction for CoorsTek
IndustryWeek - Adrienne Selko
Is a family-owned company, now run by the fifth generation, one that would attract employees?

Well, it seems the answer to this question is yes, as CoorsTek, founded in 1910 by Adolph Coors, was able to hire 2,000 new employees last year and is looking to hire that many more this year. And for a company, which manufactures technical ceramics for a wide range of industries, that has 6,000 employees, it's no small feat.

Attracting that many employees, in a very tight labor market is unusual, but the company believes that its culture is the reason for its success. “As a family company, we have always looked out for the whole person,” explains Chief People & Systems Officer Irma Lockridge, “and this has been a differentiator when we approach potential employees.” Read Article
Personalized Perks Can Lead to Higher Retention
IndustryWeek - Adrienne Selko
Providing employees with stipends to choose benefits that are meaningful to them can be a competitive advantage.

Sometimes the light goes on at the oddest times.

Amy Spurling, CEO of Compt, was trying to offer employees at her former company a perk – gourmet coffee. When deciding what to offer she thought about people who would prefer tea. And what about those that didn’t want either? And how could she possibly personalize this benefit for her employees? That’s when the light went off.

“Employers have been providing benefits that they thought employees would like from food to sports activities at work,” she explains. “But when you look at the numbers, the participation rate is very low, around 5%-7%. Why? It’s because these perks are not really meaningful to employees.” Read Article
3 Ways to Better Align Safety and Security
EHS Today - George Schuster
Cyberattacks on operational technology put people, equipment, production capacity and the environment at risk. Here’s what you need to know to protect your organization.

Cyberattacks no longer impact just the IT environment. As operational technology (OT) systems in production environments have become more connected, cyberattacks on those systems have put people, equipment, production capacity and the environment at risk. Read Article
The Great Resignation? More like The Great Renegotiation
NPR Planet Money – Greg Rosalsky
There's been much hubbub in recent months about what's been dubbed "The Great Resignation." The popular phrase refers to the roughly 33 million Americans who have quit their jobs since the spring of 2021. Some — pointing to the difficulty of businesses in recruiting workers and spectacles like the immense popularity of the "Anti-Work" thread on Reddit — have gone as far as to suggest this record-breaking trend is a movement of young, able-bodied Americans rejecting work altogether.

But it's pretty clear that, at least for the vast majority of Americans quitting their jobs, that's not the case. Americans are not en masse rejecting consumerism, moving off the grid, and living off the land. Most still need money. Some of those quitting are older workers deciding to retire early in large part because their finances have been buoyed by surging stock and housing markets. Others are secondary earners who have stayed home because they have had to take care of kids while schools have closed due to COVID-19 — or because, more simply, working face to face during a pandemic sucks. Read Article
Environmental, Health & Safety News
How to Overcome Safety Complacency in the Workplace
EHS Today - Sharon Lipinski
Training supervisors and frontline employees to ask effective questions at strategic moments can help trigger critical thinking and situational awareness.

Successfully combatting complacency starts by understanding that the root cause of complacency is how the brain handles repetitive behavior. In other words, complacency is a byproduct of habit. In casual conversation, people often talk about habit as a behavior. But that’s not quite right. A habit is a behavior that results from a neural pathway.

Advances in neuroscience have revealed that habit results from the collaboration of two parts of the brain. The first is the prefrontal cortex (PFC) which sits above the eyes. It’s responsible for advanced executive functions such as paying attention, predicting outcomes and prioritizing information. The PFC is critical to activities such as planning a critical lift, having interactive job briefs or taking a site walk. Read Article
Exoskeletons Reduce Injury, Can Workers Handle the Additional Cognitive Demands?
EHS Today
New study says that trying to solve problems while using the exoskeleton, employees lost the biomechanical benefits provided by the exoskeleton.

An interesting study by Texas A&M University and The Ohio State University, published in Applied Ergonomics and analyzed by Science Daily in October 2021, reached some unusual conclusions about industrial exoskeletons.

In an effort to address worker injuries, as measured by $100 billion in medical bills according to data from the Bureau of Labor Statistics, companies have been providing employees with aids to help with heavy lifting, in the form of exoskeletons. However, new research found that the “cognitive fit (where the wearer has ample mental resources available to accurately operate the exoskeleton while conducting their daily work tasks) of such wearable robotic solutions in the workplace may impose newer risks on workers.” Read Article
Supreme Court Says No to OSHA Employers Vaccine-or-Test Mandate
EHS Today - Ryan Secard
The Supreme Court blocked an OSHA rule that would have required workers at private companies with more than 100 employees to receive COVID-19 vaccinations or take weekly tests for the virus. In a 6-3 ruling on January 13, the majority found the mandate oversteps OSHA’s authority as a workplace safety agency. In a separate 5-4 ruling, the Court allowed a similar mandate limited to most healthcare workers to remain in effect.

While Thursday’s rulings may spell doom for the wider private-employer requirement, many major manufacturers have already issued their own vaccination mandates, including Boeing Co., General Electric Co., Microsoft Corp. and Tyson Foods Co. A third form of the mandate that would apply to federal contractors, including Boeing and GE, is currently still blocked by lower courts and has not been reviewed by the Supreme Court, according to the Associated Press. Read Article
Having trouble finding, selecting, training and keeping the skilled workers you need? Are your employee turnover costs a concern?

Let's start with what we already know:

  • Classes alone will not train workers to perform your tasks...

  • Quality Control policies and Process Documents are not a substitute for task training...

  • Putting 2 people together and hoping for the best is not a training strategy...

  • Wishing and hoping won't develop the skilled workers you need...

The cost of one worker malperformance or one worker's under-capacity or under-performance - due to lack of proper training - can more than justify the investment to train all your workers properly!

AND, unstructured, uncontrolled, undocumented task training is going on all day, every day. But if you cannot explain the process, you surely cannot measure and improve it.

Proactive Technologies's approach to structured on-the-job training takes place where, and while, the work is performed. You need no additional staff and structured on-the-job training does not interrupt your work schedule like unstructured, haphazard and ad hoc training or classroom learning does.

You probably have most of the pieces are already in place; they just need structure around them to make the training experience work for everyone through the accelerated transfer of expertise™.

As part of every project, Proactive Technologies provides the support to set-up, implement, manage, document and revise the worker development system so you can stay focused on business.


Copyright © 2019-21 Proactive Technologies, Inc.™ ALL RIGHTS RESERVED 
EMPLOYERS!

If your organization sees training as a cost, not as an investment, maybe you should consider another approach!



  • Cuts the employer's internal costs of training;

  • Lowers the costs associated with turnover;

  • Drives new-hires and incumbent workers to "full job mastery;"

  • Increases worker capacity, work quality, productivity and compliance (ISO/AS/TS training and records requirement, engineering specifications and safety mandates);

  • Creates framework for cross-training, retraining and worker certification;

  • Establishes the framework for employer specific/job-specific apprenticeships and internships - registered or not;

  • Builds career development tracks and succession plans for hourly (and salary) workers;

  • Ensures the increased and maintained "Return on Worker investment" through any type of change...

ALL OF THIS FROM ONE APPROACH!

This structured on-the-job training is performed where, and while, the work takes place!

You need no additional staff, and this will not disrupt your work schedule or burden your existing staff!

If your firm is partnered with local career and technical educational institutions, use of shared employer's equipment, facilities and paid wages of trainer(s) and trainee(s) are attractive match for potential grant assistance.

for more information.


Copyright © 2019-22 Proactive Technologies, Inc.™
ALL RIGHTS RESERVED

Copyright © 1988 - 2022 Proactive Technologies, Inc.TM
ALL RIGHTS RESERVED