[zeestephen]

Wall Street Journal:

“Oil prices are back up to their highest levels in more than three years. U.S. production has topped record levels, hitting 10.9 million barrels a day in the last week of June, according to the U.S. Energy Information Administration, compared with its high of 9.6 million in 2015. But as of May, nationwide oil and gas employment is down 21% since 2014...”

[2ndDivisionVet]

That’s the story in every industry except for hand-crafted items.

[WMarshal]

Everybody calm down. Nobody weeps for the carriage builders that went out of business with the arrival of the automobile. As mature industries become more efficient and needless workers the excess labor will allow new technologies and professions to grow and replace the lost jobs.

The way all these Cassandra's and Chicken Littles bleat makes you wonder why we are not all hunter gatherers in an cave sitting around a fire picking parasite off one another like monkeys.

[WASCWatch]

In the mean time, a truck driver in west Texas can knock down $100-150K a year right now.

[Sequoyah101]

Yawn.