in The Boom and The Bubble. The American economy is driven by asset bubbles -- and since the 2008 crash the asset bubbles have been in the hands of fewer and fewer asset-holders, so the strength of the economy has been diminished.
up
0 users have voted.
—
“The loyal Left cannot act decisively. Their devotion to the system is a built-in kill switch limiting dissent.” - Richard Moser
Inconvenient timing, with elections and all. More unhappiness on the horizon. Do not fasten seat belts, time to run real soon.
up
0 users have voted.
—
Hey! my dear friends or soon-to-be's, JtC could use the donations to keep this site functioning for those of us who can still see the life preserver or flotsam in the water.
Can you tell me how you become a licensed electrician in the US? As far as I understand it, you have to work in a company as an apprentice following a licensed electrician around for five to six years and being then in the electrician related union to get some theoretical education or finally getting into a trade school to pass classes and the certifying exam? Is that about right? A process that can take up to five years? Really? And then companies that do electrian's related work are not even mandated to train their new employees to become licensed electricians one day?
I remember that under Bill Clinton there was an interest to learn about the German educational path for - I guess you call it for trade and craftsman workers' education.
Companies (in Germany) have to offer a certain number of places for new apprentices and are mandated to train them in the practice of a specific trade - let's say electrician's work - for three years. The apprentices must go at the same time a couple of hours per week in a public (tuition free) trade school to take classes for the theoretical knowledge you have to acquire for your trade. After three years you have to pass the exams that make you "licensed" electrician (I guess this is the equivalent to a journey man status?). The training is mandatory for the companies to give (which is not the case in the US). During the three year period you are paid (a little, there is also sometimes housing provided specifically for the apprentices). In Germany to be allowed to open your own business in a craft, like say electrician, you have to make a two year period as journeyman, go some more to school and pass the exams to become a "Meister". I guess that is the equivalent to a foreman or master craftsman in the US?
I think the most important difference between the two countries in that regard is that companies are not obligated to offer apprenticeships (number of open apprenticeship positions in Germany is dependent on the size of the companies). In the US it's up to companies to offer you apprenticeships. They don't have to do it. With small companies disappearing, it seems to be difficult to learn your trade or craft, I guess.
The US has not that clear path of education for trade jobs, I guess. Or it seems to last longer than three years. I don't know. It's not clear to me. How can you have a workforce in production industries, if you don't have clear cut educational paths for those future workers and craftsman to take?
...is based on how well they train people for work...and educate them about their options. Then having labor sit on corporate boards. So smart.
Employee ownership and profit sharing I think is key to the future of US manufacturing. In the US we are running away from unions. In my part of the country you can take a test to become a licensed electrician. The unions still use an apprentice/journeyman/master model, but many electricians pass their license and go into business for themselves or work in non-union shops.
The US and German systems are very different. In nearby Chattanooga the VW plant wanted a union, but the Tenn. politicians threatened the workers if they voted it in. It is my understanding it is the only non-union VW shop in the world. What can I say? We're crazy?
Basically it's control and profits over people.
up
0 users have voted.
—
“Until justice rolls down like water and righteousness like a mighty stream.”
A person interested in an apprenticeship pretty much is on their own. They have to find a company willing to hire them and apprentice them. Then the structure gets put into place. Job training in the US is a joke. People cannot be trained for jobs that do not exist, or do exist and do not pay a living wage. Taxpayers shovel money at companies and follow labor market trends. We went from a labor glut, to a mfg shortage, to predictions of huge labor shortfalls in construction. If you're a job seeker, how do you build a career path on that. Here is another link or someone interested in career exploration. http://www.careeronestop.org/
up
0 users have voted.
—
"Religion is what keeps the poor from murdering the rich."--Napoleon
Comments
Robert Brenner explained all this back in 2002
in The Boom and The Bubble. The American economy is driven by asset bubbles -- and since the 2008 crash the asset bubbles have been in the hands of fewer and fewer asset-holders, so the strength of the economy has been diminished.
“The loyal Left cannot act decisively. Their devotion to the system is a built-in kill switch limiting dissent.” - Richard Moser
We are re-living the Gilded Age
Boom and Bust era.
"You can't just leave those who created the problem in charge of the solution."---Tyree Scott
First Gilded Age produced an equal & opposite reaction
The Granger movement, Populist parties, labor unrest (which sometimes turned violent), "Fighting Bob" La Follette and TR.
It's early yet to say if, or to what extent, history will repeat.
There is no justice. There can be no peace.
To put this another way
Service based economy
Plenty of jobs available shuffling deck chairs on the sinking ship, folks!
prog - weirdo | dog - woof
Thank you for this great work
Data is always interesting and very important. Therefore, I am glad you posted it.
My thoughts and feeling is we are due for economic downturn and this might be the first key indicators.
There are much better first key indicators
And I've been putting together an essay for that.
I have all the info I need for it, I just have to organize it.
Labor is usually a lagging indicator.
I love your essays
Thank you for putting them together!
prog - weirdo | dog - woof
Thank you and great work
I look forward to it. I am worried about the economy so it will be interesting to see and review your findings.
Welcome to the new recession!
Inconvenient timing, with elections and all. More unhappiness on the horizon. Do not fasten seat belts, time to run real soon.
Hey! my dear friends or soon-to-be's, JtC could use the donations to keep this site functioning for those of us who can still see the life preserver or flotsam in the water.
you are putting a lot of work into your essays
I am always amazed about it. Thanks.
Can you tell me how you become a licensed electrician in the US? As far as I understand it, you have to work in a company as an apprentice following a licensed electrician around for five to six years and being then in the electrician related union to get some theoretical education or finally getting into a trade school to pass classes and the certifying exam? Is that about right? A process that can take up to five years? Really? And then companies that do electrian's related work are not even mandated to train their new employees to become licensed electricians one day?
I remember that under Bill Clinton there was an interest to learn about the German educational path for - I guess you call it for trade and craftsman workers' education.
Companies (in Germany) have to offer a certain number of places for new apprentices and are mandated to train them in the practice of a specific trade - let's say electrician's work - for three years. The apprentices must go at the same time a couple of hours per week in a public (tuition free) trade school to take classes for the theoretical knowledge you have to acquire for your trade. After three years you have to pass the exams that make you "licensed" electrician (I guess this is the equivalent to a journey man status?). The training is mandatory for the companies to give (which is not the case in the US). During the three year period you are paid (a little, there is also sometimes housing provided specifically for the apprentices). In Germany to be allowed to open your own business in a craft, like say electrician, you have to make a two year period as journeyman, go some more to school and pass the exams to become a "Meister". I guess that is the equivalent to a foreman or master craftsman in the US?
I think the most important difference between the two countries in that regard is that companies are not obligated to offer apprenticeships (number of open apprenticeship positions in Germany is dependent on the size of the companies). In the US it's up to companies to offer you apprenticeships. They don't have to do it. With small companies disappearing, it seems to be difficult to learn your trade or craft, I guess.
The US has not that clear path of education for trade jobs, I guess. Or it seems to last longer than three years. I don't know. It's not clear to me. How can you have a workforce in production industries, if you don't have clear cut educational paths for those future workers and craftsman to take?
https://www.euronews.com/live
Germany's success
...is based on how well they train people for work...and educate them about their options. Then having labor sit on corporate boards. So smart.
Employee ownership and profit sharing I think is key to the future of US manufacturing. In the US we are running away from unions. In my part of the country you can take a test to become a licensed electrician. The unions still use an apprentice/journeyman/master model, but many electricians pass their license and go into business for themselves or work in non-union shops.
The US and German systems are very different. In nearby Chattanooga the VW plant wanted a union, but the Tenn. politicians threatened the workers if they voted it in. It is my understanding it is the only non-union VW shop in the world. What can I say? We're crazy?
Basically it's control and profits over people.
“Until justice rolls down like water and righteousness like a mighty stream.”
I wished Bernie had time to focus on those models
and if he wins start pushing for changes.
https://www.euronews.com/live
Here you go mimi
https://www.dol.gov/featured/apprenticeship/find-opportunities
A person interested in an apprenticeship pretty much is on their own. They have to find a company willing to hire them and apprentice them. Then the structure gets put into place. Job training in the US is a joke. People cannot be trained for jobs that do not exist, or do exist and do not pay a living wage. Taxpayers shovel money at companies and follow labor market trends. We went from a labor glut, to a mfg shortage, to predictions of huge labor shortfalls in construction. If you're a job seeker, how do you build a career path on that. Here is another link or someone interested in career exploration.
http://www.careeronestop.org/
"Religion is what keeps the poor from murdering the rich."--Napoleon