North Dakota’s economic boom and keep up with today’s technology

Everyone worrying that North Dakota’s current boom is on the verge of the burst could be getting more anxious by some recent economic news. North Dakota no longer has the lowest job rate in the country. In April, there were 99 fewer oil rigs drilling than there had been a year ago. But the news is hardly bleak. North Dakota now has the second lowest job rate in the country, 2.9% versus Nebraska’s 2.7%. There are still 21,000 jobs available in the state. The fall in oil prices has affected North Dakota’s growing economy but nothing is about to burst or go away.

While there have been some layoffs from the oil rigs, the North Dakota government has approved a smart infrastructure overhaul for Western North Dakota that will provide construction jobs and build for the long haul.

Areas like Watford City are seeing reverse migration these days as people who left after high school because they thought they couldn’t find a job are now coming home. Watford City, as an example, has grown to nearly 15,000 people. Along with more jobs, there are more services for the new and returning citizens, like expanded Watford City Satellite Internet, new stores, new dance studios, and new jobs for teachers and guidance counselors. Medical services are expanding to meet the demand. It’s not just people working directly on the oil rigs who have jobs, jobs are available for the things the oil industry workers need to live good lives.

Prices fall and people forecast doom. But oil production only fell about 1% in February of 2015. Industry insiders expect each month will see the same 1% decline until June or so when tax incentives come into play and production goes back up. The oil is still there. The oil will last for years and new regulations will make drilling safer for the environment and everyone living around the wells. The services and businesses supporting the new oil production will still be here in the years to come as oil prices rise and fall.

Maybe North Dakota’s economy has stopped growing like it’s on steroids, but that doesn’t mean growth is about to stop. Slower growth can mean more long term prosperity. That’s nothing to worry about.

The classy Technology Industry Trends of 2015

tech trends

As the year moves forward, a lot of great innovations and development are emerging to set the new trends. 2015 is a promising year in the computers and technology world. The world has witnessed a lot of great development as giant companies strive to embrace technology and use it for the furtherance of their services to produce quality products of the modern digital world. There have been major developments in the computer software and hardware this bringing to the limelight the 2015 Technology Industry Trends. There is always a constant shifting landscape in all sectors and the main role is to make sure that the trends are perfect and bringing about great developments.

The technology industry has always been in influx. There are frequent new products and other innovations which have been redefined and they have taken a leading hand in shift the technology world in a bigger and better platform. This year alone, the world has witnessed greater polarization than any other year while the year is still on its earlier stages. There has been great innovation in terms of producing quality hardware as well as classy functioning software apps that bring about developments in the society. As the world renowned technology firms compete on to re-examine structures of their business strength, others are focusing of coming up with better financial performance software as well as quality products that will meet the modern market needs. This can be seen in the recent released products and software apps which come with greater features, perfect performances and independent as well as flexible products sold at affordable prices.

tech-newsA look at the fall of 2014 will easily help us realize these greater innovations that are set to be witnessed this year. Last year alone, many top class business publications came up with reports indicating that Hewlett-Packard was planning to purchase the storage equipment maker EMC, as a perfect approach to cutting the costs and still improve their scale. The deal did not work well. In November the same year, HP came up with a plan to separate its printer hardware business and computers from its service units, hardware, and software apps. This has been seen as a possible approach to great innovations because each unit will play an independent role and perhaps be able to generate more than US$50 billion every year. A quick look at 2015 Technology Industry Trends, we can see that big companies such as HP have managed to control their units well and give their technicians the ability to think big to improve the world.

The same technology is seen in the Mobile and Telecommunication world. Giant manufacturers such as Samsung, Motorola, LG, Nokia and i-Phones are working on some great innovations to come up with quality well functioning and perfect modern phones that meet the current digital world. There are plans to launch some of the top quality makes come this year and this will set the computers worlds to a higher rank. Phones are now coming with powerful hardware and companies such as Samsung have now launched their own Exynos chip that is now 20% percent faster. It perfectly supports their newly released Galaxy models well. This is termed as the great technology of 2015 and we know that as the year advances, there is still much more to come and we will always remember 1015 as a year of great technological innovations.