In more useful terms, the concentration in the US is somewhere below 78 parts per quadrillion today. If my math is anywhere close (which it likely isn't), that means that up to 0.014mg is likely to bio-accumulate in the average human over the course of 80 years through drinking water. Let's triple it to accommodate for plastic bioaccumulated in our foods.
If you don't like U-3, think in terms of U-6 as a statistic. I am hard pressed to come up with statistically significant number of people that are not included in U-6 that should be counted as the workforce.
Credit unions are great as long as you are their median demographic. They don't do as well with outlying customers and lag badly on technology. I was a very happy credit union member for ~10 years, but now they don't do nearly as good of a job as my other bank. The fact that I use two different banks apparently puts me well outside of their median customer profile.
My bank has an account manager that is required to understand enough of our business to be able to flag odd transactions. Open an account today as a one-man operation, and you will be asked questions like how much monthly income do you expect, expenses, average income and expense transaction sizes, percentage of cash transactions, and even seasonality and number of different customers. They also are required to understand what your business does. Hint: don't say it is a holding company or management consultant...
While this stuff is a pain in the ass (tried to open a new bank account Friday without my Social Security card), if you are trying to control money laundering it is needed.
The electoral college worked exactly as the framers intended-- to prevent tyranny of the majority from the big cities from being able to dictate policies. While as City Folk, I am not happy with the outcome, it is disengenuous to think of it as "wrong." (Bush v. Gore is another matter though.)
The only real concerns I have with the plans of the US government is that Un might be crazy enough to have screwed up their plans by killing everyone in his family, and then progressed at a much faster pace than expected with the weapons program. Something tells me though that ultimately it doesn't change the calculus.
Educate yourself. U-6 is the most comprehensive measurement of unemployment / underemployment, and peaked at 18% in 2011 and is currently around 8.5%. Low since 1994 was in 2000 at about 7%, and it typically ranges from 7.5%-10%.
Times have changed. The ladder is shorter now due to automation and IT.
Too many people get college degrees that won't benefit from them to be sure, but the economy doesn't have enough places for them, and it is getting worse.
Ultimately, the problem is margin compression; there often isn't any money left to actually pay more. Price of good or service is fixed by the market. Beyond a certain point it doesn't make sense to hire people that won't generate any profit.
My industry used to have gross margins around 50%, which supported a net profit of about 15%. A key piece of software goes from being 1% of revenue to 2%, due to changes in licensing, bundling, and price. That drops net profit by about 7%. Rent goes up from 4% of revenue to 6%... employer healthcare contribution up by 12% means 3.5% of revenue is now 4% of revenue.
So, employer either needs to find ways to lower costs, or ultimately go out of business-- until there is more pricing elasticity. That point is generally 2-3 years delayed.
Anecdotal, but that isn't what I am seeing in Southern California. The problem seems to be nobody really wants any more overtime, since the boom has been going on so long; it is apparently worse in Northern California.
What I see is reputable electricians charging about 20% more, using less experienced foremen, and a whole lot of apprentices-- and this is employee-owned, union shops.
It seems like ~7-12 years ago there was a significant drop in the number of people going into the trades, and this has led us to a shortage as a very senior tranche of tradesmen retired.
Generally speaking, it is the people with "skills" that are a shortage. I can hire engineers that don't want to talk to clients and have mediocre technical skills fairly easily-- but what I need are engineers that can manage their own projects, use Revit, and manage one or two designers when project workload dictates. This is a skill level I had two years out of college, but we find people with 20 years that can't do all three. The ones that we do find on track to be there want to be paid as though they are already accomplished at that level. (Paying that way doesn't work because they become flight risks quickly, after significant investment in training.)
I have a job that does both-- pays at least 20% above market and covers all my healthcare costs and provides (in theory) 6 weeks paid vacation. I hate it; there is little professional/intellectual growth, and I get complaints when working from home or actually taking vacation. Unfortunately, I am an owner in the company so quitting gets complicated, and re-defining my role has issues with my partners.
There really is a point where all you care about are the quality of life aspects of a job than direct and indirect compensation.
Substitute "want to drive" for "meets owner's needs."
I would think that since Cummins isn't as wed to electric they could do some more interesting things with range extender engines than Tesla, but ultimately it will be interesting to see where things go. Logically, pure electric makes sense for local delivery vehicles and maybe port shuttles. Short-haul is an interesting challenge though; I would expect most semis in the US need to go at least 200 miles per day with a maximum trailer weight of 30T (chassis plus 40' container at about 80%), but Cummins would have much better data than me.
I don't know what Tesla's plan to innovate in the space is, but I am sure that specific to local delivery there are out-of-the-box options that might not align with Cummins strategy.
I can actually picture ways it would be good for consumers. Some things like home automation could really work well in this model. It draws a line between service and sales-- "my internet is broken" could be either type of call, but many people would benefit by upgrading equipment.
Easy to screw it up though, so it really comes down to the details.
The common scenario is that either you establish yourself as an ISP, or you are forced to pay the equipment cost. Most communities are better off with the latter approach, as running an ISP is a pain without scale.
The question is really if the "other" streaming services can hit a critical mass. Traditionally, Disney relied on the network effect to market to kids; they could jeapordize that by not being able to access even 10-15% of the demographic. If that number is 50%, they could be in trouble with their strategy.
If Disney is at risk, it is worse for other competitors. Sports could work (and still save money), but it comes down to the price point. Who wants to pay for a service that you still have to watch ads?!
I have a "smart" scale that logs my weight to an app. It also senses temperature, CO2 levels, and some other gimmicks. I just wanted the logging part when I bought it. The device connects to wifi so you can use the app.
I don't consider my precise weight to be that personal of information, nor really the trends.
Fast forward a few years, company gets acquired and the terms of service are "updated." How do I know my firewall rules now need to change?
Not really; a stateful firewall is a much better start as what it does is much clearer. The problem is that when a device itself can't be trusted it is already piercing the firewall.
You can do this today, just need managed switches downstream and a more powerful router. Everything sits on its own VLAN.
The problem is that it is immediately unmanageable. Too many devices (phone, tablet, laptop) need to access nearly everything and many devices use those "controllers" to proxy out data. Services change ports, IP Addresses, host names, etc, and you don't have a way to maintain the white list.
For me, I have Untrusted, Trusted, and Private VLANs at home, But even that isn't enough. I should have one for Sonos, another dedicated one for Home Automation, and one for equipment needing limited internet access. If I want to get all wild and crazy, I should have a separate one for my wife as well, since her security policies are poorer.
Oooh, I have a great idea, why don't I make it a cloud managed switch, so someone else can sort out all the rules for me!
It gets even harder than that though; a generally benign hole in two different products can lead to a much more serious compromise in both products. The interaction issues are very hard for most people to comprehend, much less act on.
Slashdot Mirror
They don't have to get through the filter; the filter is likely shedding plastic as well at a certain scale roughly proportionate to this.
In more useful terms, the concentration in the US is somewhere below 78 parts per quadrillion today. If my math is anywhere close (which it likely isn't), that means that up to 0.014mg is likely to bio-accumulate in the average human over the course of 80 years through drinking water. Let's triple it to accommodate for plastic bioaccumulated in our foods.
If you don't like U-3, think in terms of U-6 as a statistic. I am hard pressed to come up with statistically significant number of people that are not included in U-6 that should be counted as the workforce.
https://www.bls.gov/news.relea...
Credit unions are great as long as you are their median demographic. They don't do as well with outlying customers and lag badly on technology. I was a very happy credit union member for ~10 years, but now they don't do nearly as good of a job as my other bank. The fact that I use two different banks apparently puts me well outside of their median customer profile.
As others pointed out, the limit is $10k.
My bank has an account manager that is required to understand enough of our business to be able to flag odd transactions. Open an account today as a one-man operation, and you will be asked questions like how much monthly income do you expect, expenses, average income and expense transaction sizes, percentage of cash transactions, and even seasonality and number of different customers. They also are required to understand what your business does. Hint: don't say it is a holding company or management consultant...
While this stuff is a pain in the ass (tried to open a new bank account Friday without my Social Security card), if you are trying to control money laundering it is needed.
The electoral college worked exactly as the framers intended-- to prevent tyranny of the majority from the big cities from being able to dictate policies. While as City Folk, I am not happy with the outcome, it is disengenuous to think of it as "wrong." (Bush v. Gore is another matter though.)
The only real concerns I have with the plans of the US government is that Un might be crazy enough to have screwed up their plans by killing everyone in his family, and then progressed at a much faster pace than expected with the weapons program. Something tells me though that ultimately it doesn't change the calculus.
You are watching too much news. While I don't pretend to understand the us long-game, it is impossible that they don't have a game plan.
You can put them in bridge mode, but that doesn't change much. They are still capable of "remote management".
Educate yourself. U-6 is the most comprehensive measurement of unemployment / underemployment, and peaked at 18% in 2011 and is currently around 8.5%. Low since 1994 was in 2000 at about 7%, and it typically ranges from 7.5%-10%.
Source with pretty graph: http://portalseven.com/employm...
Times have changed. The ladder is shorter now due to automation and IT.
Too many people get college degrees that won't benefit from them to be sure, but the economy doesn't have enough places for them, and it is getting worse.
Ultimately, the problem is margin compression; there often isn't any money left to actually pay more. Price of good or service is fixed by the market. Beyond a certain point it doesn't make sense to hire people that won't generate any profit.
My industry used to have gross margins around 50%, which supported a net profit of about 15%. A key piece of software goes from being 1% of revenue to 2%, due to changes in licensing, bundling, and price. That drops net profit by about 7%. Rent goes up from 4% of revenue to 6%... employer healthcare contribution up by 12% means 3.5% of revenue is now 4% of revenue.
So, employer either needs to find ways to lower costs, or ultimately go out of business-- until there is more pricing elasticity. That point is generally 2-3 years delayed.
Anecdotal, but that isn't what I am seeing in Southern California. The problem seems to be nobody really wants any more overtime, since the boom has been going on so long; it is apparently worse in Northern California.
What I see is reputable electricians charging about 20% more, using less experienced foremen, and a whole lot of apprentices-- and this is employee-owned, union shops.
It seems like ~7-12 years ago there was a significant drop in the number of people going into the trades, and this has led us to a shortage as a very senior tranche of tradesmen retired.
Generally speaking, it is the people with "skills" that are a shortage. I can hire engineers that don't want to talk to clients and have mediocre technical skills fairly easily-- but what I need are engineers that can manage their own projects, use Revit, and manage one or two designers when project workload dictates. This is a skill level I had two years out of college, but we find people with 20 years that can't do all three. The ones that we do find on track to be there want to be paid as though they are already accomplished at that level. (Paying that way doesn't work because they become flight risks quickly, after significant investment in training.)
Most jobs have an inherent value ceiling. At a certain point, the "do nothing" option for a task is the best value when costs get to high.
I have a job that does both-- pays at least 20% above market and covers all my healthcare costs and provides (in theory) 6 weeks paid vacation. I hate it; there is little professional/intellectual growth, and I get complaints when working from home or actually taking vacation. Unfortunately, I am an owner in the company so quitting gets complicated, and re-defining my role has issues with my partners.
There really is a point where all you care about are the quality of life aspects of a job than direct and indirect compensation.
Substitute "want to drive" for "meets owner's needs."
I would think that since Cummins isn't as wed to electric they could do some more interesting things with range extender engines than Tesla, but ultimately it will be interesting to see where things go. Logically, pure electric makes sense for local delivery vehicles and maybe port shuttles. Short-haul is an interesting challenge though; I would expect most semis in the US need to go at least 200 miles per day with a maximum trailer weight of 30T (chassis plus 40' container at about 80%), but Cummins would have much better data than me.
I don't know what Tesla's plan to innovate in the space is, but I am sure that specific to local delivery there are out-of-the-box options that might not align with Cummins strategy.
I can actually picture ways it would be good for consumers. Some things like home automation could really work well in this model. It draws a line between service and sales-- "my internet is broken" could be either type of call, but many people would benefit by upgrading equipment.
Easy to screw it up though, so it really comes down to the details.
The common scenario is that either you establish yourself as an ISP, or you are forced to pay the equipment cost. Most communities are better off with the latter approach, as running an ISP is a pain without scale.
The question is really if the "other" streaming services can hit a critical mass. Traditionally, Disney relied on the network effect to market to kids; they could jeapordize that by not being able to access even 10-15% of the demographic. If that number is 50%, they could be in trouble with their strategy.
If Disney is at risk, it is worse for other competitors. Sports could work (and still save money), but it comes down to the price point. Who wants to pay for a service that you still have to watch ads?!
How do you let the stupid device's cloud service work? Too many devices are engineered so the smarts are in the "cloud" rather than local.
I have a "smart" scale that logs my weight to an app. It also senses temperature, CO2 levels, and some other gimmicks. I just wanted the logging part when I bought it. The device connects to wifi so you can use the app.
I don't consider my precise weight to be that personal of information, nor really the trends.
Fast forward a few years, company gets acquired and the terms of service are "updated." How do I know my firewall rules now need to change?
The password is just the lowest hanging fruit. There are many ways to compromise a system.
Not really; a stateful firewall is a much better start as what it does is much clearer. The problem is that when a device itself can't be trusted it is already piercing the firewall.
You can do this today, just need managed switches downstream and a more powerful router. Everything sits on its own VLAN.
The problem is that it is immediately unmanageable. Too many devices (phone, tablet, laptop) need to access nearly everything and many devices use those "controllers" to proxy out data. Services change ports, IP Addresses, host names, etc, and you don't have a way to maintain the white list.
For me, I have Untrusted, Trusted, and Private VLANs at home, But even that isn't enough. I should have one for Sonos, another dedicated one for Home Automation, and one for equipment needing limited internet access. If I want to get all wild and crazy, I should have a separate one for my wife as well, since her security policies are poorer.
Oooh, I have a great idea, why don't I make it a cloud managed switch, so someone else can sort out all the rules for me!
It gets even harder than that though; a generally benign hole in two different products can lead to a much more serious compromise in both products. The interaction issues are very hard for most people to comprehend, much less act on.
Less Than Truckload (LTL) carriers on regional routes might work, and local routes would be easy.