"Anyone touting new blue-collar jobs be willing to put $500 down on 10 year trajectory of manufacturing employment?"Rob Westervelt (the editor-in-chief of IHS Chemical Week) asked what the over/under for growth in the manufacturing super-sector was over the next ten years was, and I said (bravely/stupidly) "zero." He was willing to talk about a bet, so here we are.
We got together by e-mail and came up with a few stipulations:
- I asked for a reduction of stakes to $100, which Rob granted.
- Rob suggested that the stakes to a charity of the winner's choice.
- We're going to measure the "production and nonsupervisory employees" portion of the "chemical manufacturing" subsector, as measured by the Bureau of Labor Statistics.
- The baseline will be December 2013, with the bet ending in December 2022.
- If there are more production/nonsupervisory employees in December 2022 than there were in December 2013, Rob wins. If there are fewer, I win.