Business Perspectives articles from March 2004

Business Perspectives archives from March 2004

A focus on job creation in Tennessee.
March 22, 2004... Numerous questions have arisen about the status of the Tennessee labor market. This article focuses on the labor market conditions that workers face in Tennessee. To the extent that the state depends upon consumption and other earned income...

An uneven recovery.
March 22, 2004... With 2004 well underway, there are signs that the national economy is growing strongly, with both business payrolls increasing and unemployment falling. However, the same cannot be said for all of Tennessee. In fact, it appears that local...

Outsourcing production and jobs: costs and benefits.
March 22, 2004... The current economic expansion has generated an atypically anemic quantity of new employment opportunities. Compounding the loss of over two million actual jobs since 2000 is the loss of six to seven million potential jobs that would have been...

Secondary education and the under-prepared workforce: is a poor work ethic being taught?
March 22, 2004... The devastating economic and quality-of-life problems indigenous to regions with under-prepared workforces have received extensive attention in both the scientific and popular literature. Employers who suffer from these problems typically...

The 2003 Memphis area labor market survey: the continued need for local workforce development.
March 22, 2004... In 1999, the now-Sparks Bureau of Business and Economic Research (SBBER) partnered with the Memphis Area Chamber of Commerce (now the Memphis, Regional Chamber) to examine employers perceptions of the local labor market. Results from the survey...

The glacial change: women on corporate boards in Tennesse.
March 22, 2004... The public has a tendency to glorify leadership in the same manner as "great men of history"--the personality-driven approach where men are born great, seize opportunity, win wars, and are glorified in textbooks. Such is a romantic view of...

Landing on your feet in the current job market: strategies based on personal experience.
March 22, 2004... Change is inevitable, and bad things happen to good people! You may believe those are just worn-out cliches, but in the dynamic labor market in United States, unfavorable and sometimes unexpected changes in employment circumstances will happen...

The myths of the living wage.
March 22, 2004... The expected net effects of the proposed ordinance mandating a "living wage" for certain wage earners in the City of Memphis are well known by professional economists. They are the same as any other legally enforced wage above a market wage....

The Memphis economy.(Illustration)
March 22, 2004... Data for the Memphis MSA Non-farm Employment and Unemployment Rate are for the Memphis MSA that includes Shelby, Fayette, and Tipton counties in Tennessee; Crittenden County, Arkansas; and DeSoto County, Mississippi. The definition of the...

Memphis by the numbers.(Brief Article)(Illustration)
March 22, 2004... Shelby County and City of Memphis Estimated Median Household Income, 2001 and 2002 (Inflation Adjusted Dollars) 2001 2002 Shelby County 39,698 36,701 Memphis 31,842 30,729 Source: U.S. Census Bureau,...