I have some amount of empirical evidence on the move away from petro/petrochemical. I admit I don't know how this holds US/World-Wide. This put me on a hunt to find some stats that back up what I've observed.
We've seen a big downturn of employment in manufacturing jobs in Louisiana over the last two decades. Down 30% from its peak in '97. Louisiana's economy is largely "manufacturing" which hides the ball a bit.
Manufacturing in Louisiana is largely related to oil/gas refinement and chemical products (largely petro related) . It's actually made me wonder what happens in Louisiana if the world sharply shifts towards renewables. I see no attempts at diversifying our economy, and certainly not to the level states like Texas have over the years.
Thanks! This is interesting, and also highlights the need to prepare for the coming disruption in the jobs market. This isn't a topic I know anything about, but a lot of jobs are going to be going away, a lot of new jobs are going to be appearing, and I sure hope we can find some ways to line those up or some communities are going to be in trouble.
I have some amount of empirical evidence on the move away from petro/petrochemical. I admit I don't know how this holds US/World-Wide. This put me on a hunt to find some stats that back up what I've observed.
We've seen a big downturn of employment in manufacturing jobs in Louisiana over the last two decades. Down 30% from its peak in '97. Louisiana's economy is largely "manufacturing" which hides the ball a bit.
Manufacturing in Louisiana is largely related to oil/gas refinement and chemical products (largely petro related) . It's actually made me wonder what happens in Louisiana if the world sharply shifts towards renewables. I see no attempts at diversifying our economy, and certainly not to the level states like Texas have over the years.
Louisiana Economy Breakdown: https://www.statista.com/statistics/1064986/louisiana-real-gdp-by-industry/
Louisiana Manufacturing Breakdown: https://www.nam.org/state-manufacturing-data/2020-louisiana-manufacturing-facts/
Louisiana Manufacturing jobs statistics: https://fred.stlouisfed.org/series/SMU22000003000000001A
Thanks! This is interesting, and also highlights the need to prepare for the coming disruption in the jobs market. This isn't a topic I know anything about, but a lot of jobs are going to be going away, a lot of new jobs are going to be appearing, and I sure hope we can find some ways to line those up or some communities are going to be in trouble.
"And/or, um, “podcastconsumifying”? We need an actual word for that."
YES. We do. Speaking of citations that I lose and can't find again ... I need a way to search through every podcast I've ever heard.
(And thanks, as always, for the thoughtful newsletter! I continue to enjoy and learn from them)
Yes! I would use the heck out of a podcast-transcript-search tool, I'd be happy to pay for it.