04/20/2018

News

Hanford official: Faraday Future sets May 21 target to install assembly lines

Kings County officials this week traveled to the Southern California town of Gardena to meet with executive staff of Faraday Future as well as company founder Jia Yuetin to help make plans for the startup’s Hanford assembly plant. Demolition work on the interior of the old Pirelli facility in the Hanford Industrial Park is underway […]

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Working on Food Stamps

House Agriculture Chairman Mike Conaway on Thursday will introduce a farm bill, though food stamps absorb much of the cost. More than 40 million Americans are in the Supplemental Nutrition Assistance Program, the official name for food stamps, and the figure is up from about 17 million in 2000. The size of the benefits has […]

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California again ranks low in academic testing

There was a bit of good news for California in the federal government’s latest round of academic test results: it’s one of seven states that registered four-point gains in reading comprehension among eighth-graders. But that positive morsel in the 2017 National Assessment of Educational Progress (NAEP) testing of fourth- and eighth-graders released this week was […]

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California makes significant gain in reading on much anticipated national test

Led by strong scores in 8th-grade reading, California moved closer to the national averages in reading and math, continuing a decade-plus trend of generally slow but steady improvement on the National Assessment of Educational Progress. The closely watched assessment released its 2017 results for 4th and 8th grades on Tuesday. . . . In 4th-grade […]

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U.S. Manufacturers Worry Tariffs Could Undermine Recovery

Manufacturing, long the sick patient in the U.S. economy as multinationals outsourced jobs, has added nearly 300,000 positions since the November 2016 election, increasing payrolls in 16 of the past 17 months. That included 22,000 positions last month. Overtime hours are up and orders are on the rise, making the current stretch among the strongest […]

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One Year of ‘College’ With No Degree, But No Debt And a Job at the End

MissionU, which enrolled its first class in September, is part of new breed of institutions that bill themselves as college alternatives for the digital age. The schools—whose admission rates hover in the single digits—comparable to the Ivy League, according to the schools—offer a debt-free way to attain skills in hot areas and guaranteed apprenticeships with […]

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In California, national test scores show enduring achievement gaps

California was one of just 10 states to post statistically significant increases in eighth-grade reading. In 2015, the average reading score for California eighth-graders was 259 on the 500-point test. In 2017, the average was 263. . . . Otherwise, the state’s scores on the test were flat, which the state Dept. of Education downplayed.

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Test Scores Show Students Made Little Progress in National Exam

American students had nearly flat results in math and reading on a national exam, continuing a pattern of stagnation over most of the past decade, as some of the lowest performers fell further behind. Eighth-graders made the only statistically significant gain—1 point—in reading, for an average score of 267 out of a possible 500, according […]

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Do What Works to Help Welfare Recipients Work

In forthcoming research, my colleagues and I find that minimum wages are counterproductive, leading to higher poverty and an increased reliance on public assistance in disadvantaged neighborhoods. The EITC, in contrast, reduces poverty and dependence on public assistance, with one caveat: It may be less effective in severely disadvantaged neighborhoods where there is insufficient labor […]

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Community college students guaranteed admission to UC if they meet certain course requirements

The University of California and the California Community Colleges agreed Wednesday that students who do well in courses that UC faculty helped develop will be admitted to a UC campus, the San Francisco Chronicle reported. The agreement will apply to students who begin community college in fall 2019. The courses will lead to an associate […]

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U.S. Weekly Jobless Claims Hold Below 300,000 for Longest Streak on Record

The number of Americans claiming new unemployment benefits has never been so low for so long. Initial jobless claims, a proxy for layoffs across the U.S., decreased by 9,000 to a seasonally adjusted 233,000 in the week ended April 7, the Labor Department said Thursday. This means claims have now held below 300,000 for 162 […]

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Europe’s Coming Gigafactory Boom

By 2020, at least seven new gigawatt-size battery factories are scheduled to start operating in Europe, writes Zak Derler of Climate Home News. European companies, such as car manufacturer Daimler, invest in their own regionally-based gigafactories to meet the battery demand for electric vehicles in the continent and the world.

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The Extreme Geographic Inequality of High-Tech Venture Capital

The Bay Area—that is, San Francisco and Silicon Valley—currently accounts for nearly 45 percent of total venture capital investment in the entire United States. And the Acela Corridor, spanning Boston, New York, and Washington, comprises another third. Together, these two geographic regions attract nearly three-quarters of America’s venture capital investment. And, just the five leading […]

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Businesses Beg for More Low-Skill Visas, Putting White House in a Bind

Demand for low-skilled worker visas for the summer season starting Sunday is again far outstripping supply, with the Trump administration forced to choose between helping businesses seeking more visas or trying to save those jobs for American workers. Some lawmakers tried and failed this month to secure an increase in the number of H-2B visas […]

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What Economists Don’t Know About Manufacturing

Manufacturing, and especially the initial production of new technologies, must be seen as part of the innovation system. It is an autonomously creative stage in which a new product must evolve through prototyping, product definition, and production design from an idea into both a marketable and produce-able good. This often requires a re-examination of the […]

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