World Perspectives

Covid Recovery; Independent Dependence

Covid Recovery About one-tenth of American workers have lost their jobs including at least 475,000 in New York City alone. Some believe the actual number is now up to 13 percent of workers. According to Priceonomics and Snagajob, employment in hospitality, entertainment and restaurants have fallen dramatically, while jobs in grocery retail and especially warehousing and logistics are up. Before specialization and unemployment compensation, the displacement of labor in some sectors at the same time there is increased demand in others would have resulted in a labor shift to fill the vacuum. As a basic necessity, the demand for food is unlikely to see any permanent changes but the current labor shortages will do what they have always done &nd...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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