Intel has announced a massive investment in US manufacturing and in the state of Ohio.
Chip giant Intel plans to officially announce Friday that it will invest $20 billion to build two computer chip plants in Jersey Township in Licking County in what will be Ohio’s largest economic development project to date. State and local officials are set to gather in Newark this afternoon to celebrate the news.
The factories, called fabs, will employ 3,000 workers at an average salary of $135,000 per year. On top of that, the project is expected to create 7,000 construction jobs and 10,000 indirect jobs. And that’s just the start.
This is big news in so many ways. First, it’s a big step in bringing semiconductor manufacturing back to the United States. This is welcome news for the long-term health of U.S. manufacturing, but also due to the current chip shortage being experienced in many industries.
Are we opening too fast? That’s one of the main questions we face as the nation and the world struggles to get economies moving again during the Coronavirus pandemic. As pointed out in the video about, there’s still quite a bit we don’t know about this virus and what are the safest ways to re-open.
We also have some extremists who want to pretend that there isn’t any real danger here. That complicates things as some irresponsible people can be a threat to others who try their best to be safe.
We will learn a lot over the next several months, and some of those lessons may be painful if we move too fast. We don’t want this terrible recession to turn into a long-term depression.
Being a freelance worker is tough. You will be responsible for generating your own work, and you will rarely have a guaranteed salary. Here are some effective ways of raising your profile as a freelancer.
Get on Social Media
Social media mastery will help a huge amount when it comes to raising your profile. The best social media platform for you to promote yourself on will depend on the type of work you do. Different platforms will be better suited to different kinds of content. In some cases, you can share your work directly through social media, but in most cases, you will use the platforms to promote yourself instead.
The artificial intelligence revolution may just be getting started, but it’s having a real impact, particularly in large companies as you can see from this video. Deloitte is using artificial intelligence to automate more routine tasks, freeing up their employees to focus on tasks that leverage their skills as opposed to eating up time.
This makes them much more productive, with better results that take less time. Yet it’s also a trend that will threaten many jobs, which will be a challenge for society even if companies draw large benefits.
Last weekend bankers and dignitaries from around the world descended on Washington for the annual World Bank–IMF meetings. But just a few days before, the conference rooms were not only still available at Trump International, they were heavily discounted. On October 2, a deluxe room, with a rack rate of $805, could be had for as low $445 a night on Hotels.com. All other five-star D.C. downtown hotels were sold out. By Wednesday, October 5, weekend stays in the deluxe rooms were marked down to $404 per night on Trump International’s own website. The more luxurious 500-square-foot executive rooms, with a city view and marble bath, were only $484. By comparison, at the Waldorf-Astoria in Georgetown, the only available rooms were $1,139 per night, according to Hotels.com.
Mark Cuban predicted this, and it will be interesting to see if this trend continues after the election.
Be careful before taking out huge loans to get a degree from a for-profit college. Make sure you're not getting suckered into for-profit college scams that leave you with no job and huge debt.
