Dec 27, 2017

2. The flow of goods

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Railroads cut workers as industry automates, implements cost-cutting strategies

Photo: Spencer Platt/Getty Images

More than 20,000 workers in the railroad industry lost jobs this past year, even as the U.S. economy continued its streak of moderate growth, the Washington Post reports.

Why it matters: Those numbers represent the biggest round of layoffs in the sector since the Great Recession — nearly a 10% drop in rail employment, per Labor Department data. Changes in the rail industry highlight signs of "ongoing pain" in the industrial sector, threatening middle-class jobs, the Post writes.

Go deeperArrowJan 4, 2020

Census data projects shift in states' congressional power

Data: Brookings analysis of U.S. Census data; Table: Naema Ahmed/Axios

California is projected to lose a congressional seat for the first time next year, while states President Trump won such as Texas and Florida will likely gain seats, according to an analysis of new Census data by the Brookings Institution's William Frey.

Why it matters: It only takes a handful of seats to shift a party's power in Congress for a decade. The new data underscores the need for an accurate 2020 Census count, especially with changing demographics in states with booming populations such as Florida, Texas and Arizona.

Go deeperArrowUpdated Dec 30, 2019

Trump says he'll sign "phase one" trade deal with China on Jan. 15

President Trump tweeted Tuesday that he will sign the "phase one" trade deal with China in a ceremony at the White House on Jan. 15.

The intrigue: Trump did not indicate that Chinese President Xi Jinping would be in Washington for the occasion, saying that "high level representatives" would be present instead. Reports earlier this week indicated that Vice Premier Liu He, China's top trade negotiator, would be the one to sign on behalf of China.

Go deeperArrowDec 31, 2019