Presentation is loading. Please wait.

Presentation is loading. Please wait.

Economic, Demographic and Technological Change James W. Hughes, Dean 2014.

Similar presentations


Presentation on theme: "Economic, Demographic and Technological Change James W. Hughes, Dean 2014."— Presentation transcript:

1 Economic, Demographic and Technological Change James W. Hughes, Dean 2014

2 Home of the Edward J. Bloustein School

3 Business CyclePhases Expansion: November December 2007 (Great)Recession: December June 2009: 18 months in length Current Expansion: June 2009 – September 2014: 63 months in length Average Duration of Post-WW II Expansions: 58 months

4 U.S. Private-Sector Employment Change Source: U.S. Bureau of Labor Statistics. Note: Employment change measured from December to December, seasonally adjusted.

5 U.S. Private-Sector Employment Change Source: U.S. Bureau of Labor Statistics. * Based on first 8 months ( December 2013 – August 2014). Note: Employment change measured from December to December, seasonally adjusted.

6 Source: U.S. Bureau of Labor Statistics. Note: Employment change measured from December to December, seasonally adjusted. New Jersey Private-Sector Employment Change

7 Source: U.S. Bureau of Labor Statistics. (*) Estimate based on data through June New Jersey Private-Sector Employment Change

8 2013: Private-Sector Employment  2013: First 6 Months+31,400 jobs  2013: Last 6 Months -11,600 jobs  2013: Full Year +19,800 jobs

9 Source: U.S. Bureau of Labor Statistics. Note: Employment change measured from December to December, seasonally adjusted. New Jersey Private-Sector Employment Change

10 2013: Private-Sector Employment  2013: First 6 Months+31,400 jobs  2013: Last 6 Months -11,600 jobs  2013: Full Year +19,800 jobs

11 New Jersey Private Sector Employment Change Q – Q Source: New Jersey Department of Labor and Workforce Development.

12 New Jersey’s Economic Roller Coaster (Employment change for periods indicated) Source: New Jersey Department of Labor. Note: ( ) indicates employment loss.

13 Obsolete Industrial Plant

14 The Great 1980s Office Building Boom

15 Suburban Office Agglomeration

16

17

18

19 Information Technology Eras Pre- and Early-PC 1981IBM PC Introduced8088 microprocessor chip 1983IBM XT 1984IBM AT80286 microprocessor chip microprocessor chip Pentium80586 PC Intense – Fiber Optic 1995Window to the Internet Mobile Internet – Untethered 2007iPhone 2008Affordable Powerful Notebooks 2010iPad Widespread availability of 4G LTE

20

21 386 Microprocessor

22 Information Technology Eras Pre- and Early-PC 1981IBM PC Introduced8088 microprocessor chip 1983IBM XT 1984IBM AT80286 microprocessor chip microprocessor chip Pentium80586 PC Intense – Fiber Optic 1995Window to the Internet Mobile Internet – Untethered 2007iPhone 2008Affordable Powerful Notebooks 2010iPad Widespread availability of 4G LTE

23

24 Information Technology Eras Pre- and Early-PC 1981IBM PC Introduced8088 microprocessor chip 1983IBM XT 1984IBM AT80286 microprocessor chip microprocessor chip Pentium80586 PC Intense – Fiber Optic 1995Window to the Internet Mobile Internet – Untethered 2007iPhone 2008Affordable Powerful Notebooks 2010iPad Widespread availability of 4G LTE

25

26

27

28 Maturing Baby Boom – Redefining Maturity Echo-Boomers/Gen Y/Millennials – Redefining the Workforce/Workplace AT

29 The Postwar Baby Boom:

30 The Largest Generation in U.S. History

31 Tract-House Suburban New Jerseye Suburban N.J. Source: The New York Times

32 McMansion

33 Serious Serious Middle-Aging

34

35 BABY BOOM: REINVENTING MATURITYaby Boom Reinventing Maturity 2011: First Boomer turned 65 years of age 2014: All Boomers between 50 and 68 years of age 2015: Fully one-half of all Boomers will be in their 60s 2016: First Boomers will turn 70 years of age

36 We will not fade away quietly! Source: Christian Science Monitor

37

38 The The Eventual Slowdown Slowdown

39 Baby Boomer in Retirementn Retirement

40 Beach Boys: Little Deuce Coupe

41

42 The Invasion of the Stroller People

43 Echo Boom: oom:

44 Generation “Y” Today

45 The Digerati

46 Girl-Boy Brooklyn Hipsters

47 1970s George and Albany Streets

48 2000s: George and Albany

49 1970s: MP 54 Electric MU Cars Electric MU Cars

50 1970s: Interior Seating

51 No Cellphones or Tablets – Just Print

52 2000s: NJ Transit Bi-Level Cars

53 2000s: Interior Seating

54 Prototypical 1970s Subway Car

55 1970s Interior

56 New 2000s Subway Fleet

57 Interior

58 1970s:11970s Destination: Times Square Seedy Times Square

59 2000s Times Square

60 Merck Headquarters in Whitehouse Station: Stranded Asset in Whitehouse Station

61 BASF in BASF – Mount Olive – Stranded Asset 2ve Source: Bing Maps 2011.

62 Aetna Construction Completed 1983

63

64

65

66

67 Home of the Edward J. Bloustein School


Download ppt "Economic, Demographic and Technological Change James W. Hughes, Dean 2014."

Similar presentations


Ads by Google