I wake up one morning and read/hear about 9% unemployment here in the United States and the Greek debt crisis in Europe and how it will have a Lehman Brothers effect on the EU and then cascade to the American financial firms, already under pressure. The following day I read/hear that the Central EU banks, under direction from the German banking system, have devised a solution to the EU currency problem and the investment markets respond favorably. One respected economist wrote in the WSJ last week; “investments were once driven by policy, but now they are reacting to commentary.” Perhaps comments by respected politicians and business leaders have always driven the marketplace. So we at Double Eagle Group (DEG) provide the following comments: 1. Unemployment in engineering remains at historic lows, due to shortage of talent is key areas. (2-3.5%) 2. New markets emerge in Power/Energy; Sustainable/Renewable Design; Mission Critical centers; clean water issues driving new technologies; and infrastructure changes with new intermodal solutions requiring advanced engineering are just a few of the comments I will make this morning on a positive note. If we are reacting now to “commentary rather than policy” our small voice amid the din may just help the greater good.
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Our small voice amid the din
Posted: October 6, 2011 by Skip Black CPC in Current Employment Commentary, Flying the Flag, Industry News and CommentaryTags: employment news
I wake up one morning and read/hear about 9% unemployment here in the United States and the Greek debt crisis in Europe and how it will have a Lehman Brothers effect on the EU and then cascade to the American financial firms, already under pressure. The following day I read/hear that the Central EU banks, under direction from the German banking system, have devised a solution to the EU currency problem and the investment markets respond favorably. One respected economist wrote in the WSJ last week; “investments were once driven by policy, but now they are reacting to commentary.” Perhaps comments by respected politicians and business leaders have always driven the marketplace. So we at Double Eagle Group (DEG) provide the following comments: 1. Unemployment in engineering remains at historic lows, due to shortage of talent is key areas. (2-3.5%) 2. New markets emerge in Power/Energy; Sustainable/Renewable Design; Mission Critical centers; clean water issues driving new technologies; and infrastructure changes with new intermodal solutions requiring advanced engineering are just a few of the comments I will make this morning on a positive note. If we are reacting now to “commentary rather than policy” our small voice amid the din may just help the greater good.
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