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Labor's New Deal

The Agile Manager

The number of 18 to 65 year olds actively working has been in steady decline since the mid-2000s, a few years before the 2008 financial crisis. Curiously, the labor participation rate is plumbing levels not seen since the 1970s. It dropped significantly again with the pandemic, and has not yet recovered to pre-pandemic levels.

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The Ever Given is Not a Black Swan Event

The Agile Manager

The disruption is not simply the result of a ship running aground and blocking traffic in a busy, narrow passageway. Shippers, facing excessive capacity after the financial crisis of 2008, either went out of business, merged, or did deals to fill their ships to capacity. This has caused considerable disruption to global supply chains.