Which U.S. States Have the Most Job Openings? (+Industry Stats)
The Commodity.com Blog
by Marko Csokasi
2y ago
As the U.S. continues to navigate the lasting ripple effects of the COVID-19 pandemic, key economic indicators are sending mixed messages about where the economy stands today. On the positive side, GDP increased by 6.9% in the last three months of 2021, and consumer spending started off strong in 2022. Simultaneously, year-over-year inflation is at record levels according to the Consumer Price Index, and the U.S. Federal Reserve is raising interest rates to slow the economy. Many supply chain issues from 2021 have extended into 2022, with new COVID outbreaks in China, the war in Ukraine, and h ..read more
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U.S. Cities With the Most Entrepreneurs (Special Report)
The Commodity.com Blog
by Toni Allen
2y ago
Self-employed entrepreneurs account for 10% of all workers, according to 2020 data from the U.S. Census Bureau. But whether born out of necessity or desire, an increasing number of workers are taking the plunge and starting their own businesses in the wake of the COVID-19 pandemic. After an initial drop in new business applications in early 2020, monthly business applications soared to record levels. The most recent data shows that applications remain significantly higher than they were a few years ago. The recent escalation in new business formation is due to several factors. First, as many ..read more
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Which States Have the Most Energy Efficient Economies?
The Commodity.com Blog
by Marko Csokasi
2y ago
Photo Credit: engel.ac / Shutterstock As the global economy continues to expand, the need for energy to sustain that growth is increasing as well. People and businesses depend on energy for every aspect of life, from heating and cooling homes and workplaces to fueling transportation to powering appliances and other conveniences of modern life. As demand increases, energy producers must find ways to keep up, either by increasing production or by producing more energy from existing inputs. Energy efficiency creates a number of benefits for the economy overall. Consumers and businesses that rely ..read more
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Reuters Events: Commodities Trading 2022
The Commodity.com Blog
by Marko Csokasi
2y ago
A global shift toward environmental accountability, major technological disruptions, and unexpected economic activity are all creating exciting opportunities and stark challenges for trading houses, investors, producers, traders, buyers, and governments alike. The Reuters Events: Commodities Trading USA 2022 event (June 7-8, Houston) will unite 300+ industry leaders and experts to keep pace with the energy transition, ensure supply chain efficiency and adopt new technologies to remain profitable in a volatile commodities market. The event is delivered through 5 key themes:  Global Commo ..read more
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US Cities With the Most Workers at Risk of Automation
The Commodity.com Blog
by Marko Csokasi
2y ago
In the last few years, it has become more common to order food from a kiosk, see machines cleaning airport floors, and talk to a chatbot instead of a customer service agent. The COVID-19 pandemic has accelerated the adoption of these technologies as well as others, many of which can be used to perform tasks that humans used to do. Machines do not call out sick or spread disease and can replace workers to aid in social distancing. While some jobs and tasks, especially those that require creativity and interpersonal skills, are not conducive to automation, many others are. According to data from ..read more
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U.S. States With the Most Organic Farms
The Commodity.com Blog
by Marko Csokasi
2y ago
As the force that feeds and nourishes the population, agriculture is one of the most vital industries in the U.S. economy. To accommodate the country’s growth over the years, agricultural practices have evolved to become more efficient, capable of reliably meeting the population’s daily needs. But these efficient practices also come with environmental costs, and many farmers and consumers are increasingly seeking out more sustainable alternatives. Organic farming is an approach to agriculture that attempts to mimic nature and natural processes when raising crops and livestock. Rather than usin ..read more
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Which US States Produce the Worst CO2 Emissions?
The Commodity.com Blog
by Marko Csokasi
2y ago
As the effects of climate change become more severe, policymakers worldwide are increasingly focused on how to limit greenhouse gas emissions, slow the pace of climate change, and mitigate climate risks. World leaders met in Glasgow in November of last year for the latest United Nations climate conference, with the aim of setting new, more aggressive targets to reduce emissions and combat warming. The conference produced a number of pledges to accomplish this goal, including agreements to phase down the use of coal and fossil fuels for energy. In the U.S., limiting carbon emissions has been a ..read more
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The Highest-Paying Jobs in the Oil & Gas Industry
The Commodity.com Blog
by Marko Csokasi
2y ago
The oil and gas industry has seen a great deal of volatility during the COVID-19 pandemic. A collapse in demand at the beginning of the pandemic in 2020 sent oil and gas prices tumbling to historic lows. More recently, supply has struggled to catch up to demand, leading to price increases in the energy sector that are driving significant inflation. Amidst these rapid changes, the industry faces challenges with labor. The pandemic has underscored the often cyclical nature of employment in the industry. Recent circumstances have only accelerated rapid changes and volatility seen in the industry ..read more
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States With the Most Expensive Natural Gas Prices
The Commodity.com Blog
by Marko Csokasi
2y ago
With winter and cold weather upon us, many consumers will be bearing the burden of increased costs for heating sources like natural gas this year. New data released from the Bureau of Labor Statistics in early December showed a continued rise in inflation, with consumer prices in November rising 6.8% over the prior year. One of the main categories driving inflation overall has been energy, where prices now are up a total of 33.3% over their 2020 levels. While the rate of growth month-to-month has slowed, the cost of utility gas service was 25.1% higher in November than it was one year ago. The ..read more
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Which US States are Still Dependent on Coal for Electricity?
The Commodity.com Blog
by Marko Csokasi
3y ago
At the recent UN Climate Change Conference in Glasgow, world leaders convened to negotiate new goals for reducing carbon emissions in the effort to slow the pace of global warming. Across two weeks of negotiations, one of the major issues under discussion was the use of coal as an energy source. Some coal-dependent nations including India and China argued for a “phase down” rather than a total “phase out” of coal power in the final agreement. Meanwhile, U.S. envoy John Kerry predicted in an interview that the U.S. would eliminate coal by 2030. Coal is one of the cheapest energy sources availab ..read more
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