The recent situation with Carillion should force many to consider the larger issue of corporate, or public, pension solvency. The underfunding of pensions is serious in many cases, and the “guarantee” of funds availability in retirement is not 100%. Whether we want to talk about social security, the North Dakota state teachers’ pension fund, the situation below with Carillion or a different company several of the issues remain the same.
For those that question the impact of the oil boom, I offer up this post on birth rates. Now the answers are not quite as obvious as you might expect. It is probably important that you recall my earlier post about the net migration by county for North Dakota (found here). The beginning year for our look at birth rates is 2011 where we see the leaders in birth rates are counties with sizable Native American populations. There is, as yet, no boom in the Bakken area, and there is a remarkable degree of consistency as far as rates across the state.
I will be attending the Second State Demographics Conference in Bismarck on Monday the 27th. Okay, that is not quite accurate. I am giving a keynote address as well as running a breakout session. The keynote looks at the how and why of demographic analysis in the state of North Dakota. In the breakout I am actually showing how I came up with the various different items in my presentation from sources to analysis. The spreadsheet (or spreadsheets, not sure if it will be one Excel workbook or many) will be available at the conference and later on here.
A student of mine, Richard Carpenter, has some interesting graphs and discussion of voting participation in the US compared to population on his blog. At various times in this election both candidates discussed the notion that they are brining new people to the voting booths, though I think we need to wait and see before declaring this some type of transformational election.