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Both the unemployment rate, at 4.4%, and the number of unemployed people, at 7.6 million, changed little in September, the U.S. Bureau of Labor Statistics posted yesterday. These measures are higher than a year earlier under Trump 2.0, when the jobless rate was 4.1%, and the number of unemployed people was 6.9 million. Job losses occurred in transportation and warehousing and in federal government. (Read AutoInformed.com on: Trump Economics – Growth Slowing, Unemployment Rising)
Among the major worker groups, the unemployment rates for adult women (4.2%) and Asians (4.4%) increased in September. The jobless rates for adult men (4.0%), teenagers (13.2 %), Whites (3.8%), Blacks (7.5%), and Hispanics (5.5%) were stagnant with little or no change over the month. Continue reading
Milestones – Porsche Factory in Stuttgart-Zuffenhausen
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In 1937, the first sketch for the Porsche factory in Stuttgart-Zuffenhausen was drawn up.*
“In the 1930s, the Porsche engineering office at Kronenstrasse 24 developed into an innovative actor in the automotive industry. However, the garages at the Porsche villa on Feuerbacher Weg were still being used to develop the first customer-commissioned vehicles. So in 1937, they decided to build a new factory in Zuffenhausen. Ferry Porsche acquired the land from the Wolff entrepreneur family, and architect Richard Pfob was responsible for the design,” said Matthias Kriegel, writing in the Porsche magazine Christophorus 416. Continue reading →