Bad for Boomers, worse if you’re 15-24 Ugly for Men• Boomer unemployment is low BUT 50% of early retirements are non- voluntary with: – workers offered a choice between early retirement and being fired or – having to take care of a sick spouseUnemployment rises to 8.2% in May for the first time in nine months
Unemployment Sucks• “The Real Tragedy of Persistent Unemployment: It erodes the skills of the labor force and reduces future productivity” Mohamed A. El-erian, CEO and co-CIO of PIMCO, one of the world’s largest bond investors with approximately US$1.77 trillion of assets under management as of March 31, 2012.• Are we adding jobs?“Businesses hired shockingly few workers in May, throwing into doubt the strength of the economic recovery. Only 69,000 jobs were added May 2012, the weakest growth in a year.”• When Will Employment Recover? –208,000: Avg. monthly rate for best year in 2000s –321,000: Avg. monthly rate for best year in 1990s –471,000: Most jobs created in one month in 2000s
Any hopeful signs?• Residential housing permits are up1 in 3 construction jobs disappeared during the recessions. We saw an 80% decline in residential housing permits. It will take 10 years to get back construction we lost in 5 years. Construction grew 8.6% in 2011 but that trend won’t continue. Still, construction should see a slow, steady increase.
Skills are neededUnemployment will remain high in 2012 in manycountries, but for companies everywhere ashortage of workers with the skills they need willbecome a severe problem.In 2011 a survey by Manpower found that 34%of employers worldwide were having troublefilling jobs, with technicians, salespeople,skilled-trades workers and engineers thehardest to find.
(http://www.usnews.com/listings/recession-winners/0-recession-winners) • Home Gardening Intro to Backyard Chicken Keeping Workshop Chicken sitters ready to tend your flock Retirement Homes Beckon for City Chickens 2. Hollywood – Netflix & box office receipts3. Romance novels, science fiction and fantasy were up—as were humor titles 4. Condom Companies 5. Résumé Editing 6. Public Universities 7. Chocolate Companies 8. McDonald’s 9. Career Development Websites 10. At-Home Coffee Brews
• The merger of globalization & the IT revolution is changing every job, every industry, every service, every hierarchical institution• This merger has raised the level of skill a person needs…[for] any good job Thomas L. Friedman• Technology is a givenThere are two types of workers in our economy: cre Forget blue-collar and white- collar. Creators are the ones driving productivity—writing code, designing chips, creating drugs, running search engines. Servers, on the other hand, service these creators (and other servers) by building homes, providing food, offering legal advice, and working at the Department of Motor Vehicles. Many servers will be replaced by machines, by computers and by changes in how business operates.
Things to Know About the Job Market of the Future“US News & World Report”, By Liz Wolgemuth Posted: July 13, 2009Health care will be the energizer bunny of hiringPent-up demand will give way to short-term shopping sprees and new jobs: "The largedeclines in household wealth make it unlikely that consumers will return to their low-savingways. But, it is possible that consumers will … purchase some of the cars, appliances, andother goods they have put off buying since the recession began.New consumer habits will change the retail industry for good: "Retail trade is projected tocontract somewhat in terms of employment share, partly because the growth in consumerspending is expected to slow going forward.“Amazon achieves record sales in Q4 2010More and more jobs will require higher education: "Occupations requiring highereducational attainment are projected to grow much faster than those with lower educationrequirements, with the fastest growth among occupations that require an associate’s degree ora post-secondary vocational award."Workers may need to be trained in communicating and working well with others: greaterstudent self-awareness, self-monitoring, and self-control are key indicators that students areable to effectively learn and succeed in a modern post-secondary environment."
Time = Money Less Work Lots Work Sales Reps Dishwasher Less School Truck Drivers Clerical Trades Assistants Paralegals Lots School Dentists? Doctor Attorney"Currently the US worker works more hours than his or her counterpart in other industrialized countries, and he or she also leads the way in terms of productivity."
6 Themes• Security• Sustainability• Technology/Computer Tech• Healthcare• Education• Government
Security Opportunities for mass-casualty terrorist attacks using chemical, biological, or less likely, nuclear weapons will increase as technology diffuses and nuclear power (and possibly weapons) programs expand. The practical and psychological consequences of such attacks will intensify in an increasingly globalized world. Economic Crisis Is No. 1 Security Issue: New Intelligence Chief 02/18/09Cyberattack Defense Staying One Step Ahead of Hackers Virginia Tech 2011 Why the World Wont Heed Hackers Security Lessons
Privacy? How outdatedConsumer Rights Group Says Google Broke its Promise By SOMINI SENGUPTA| February 8, 2012Less than a year ago, Google made a deal with the government. It promised the Federal Trade Commission itwould seek its users’ consent before changing the way any Google products share personal information.On [February 1], a consumer watchdog pressed the Federal Trade Commission to hold the Internet giantaccountable to its promise. The Electronic Privacy Information Center, based in Washington, cited Google’srecent announcement that it would combine the user data it collects from all of its different products, in effectcompiling what an individual searches on Google with what is posted on YouTube, Google Plus and otherGoogle properties. Scared much? When Kenneth G. Lieberthal, a China expert at the Brookings Institution, travels to that country, he follows a routine that seems straight from a spy film. •He leaves his cellphone and laptop at home and instead brings “loaner” devices, which he erases before he leaves the United States and wipes clean the minute he returns. •In China, he disables Bluetooth and Wi-Fi, never lets his phone out of his sight and, in meetings, not only turns off his phone but also removes the battery, for fear his microphone could be turned on remotely. •He connects to the Internet only through an encrypted, password-protected channel, and copies and pastes his password from a USB thumb drive. •He never types in a password directly, because, he said, “the Chinese are very good at installing key-logging software on your laptop.”
Sustainability Continued economic growth—coupled with 1.2 billion more people by 2025— will put pressure on energy, food, and water resources. The pace of technological innovation will be key to outcomes during this period. All current technologies are inadequate for replacing traditional energy architecture on the scale needed. …an energy transition…is inevitable; the only questions are when and how abruptly or smoothly such a transition occurs C. Thomas Fingar, et. al. Chairman, National Intelligence Council Energy IslandBjarke Ingels Warp Speed Architecture
Sustainability• Clean water technologies, likely breakthroughs by 2025 Miracle Machine Brings Clean Water To Haiti SlingShot• Energy storage technology, likely breakthroughs by 2025 UCSD generates 82% of its energy on-site• Clean Coal Technologies, possible breakthroughs by 2025• Biofuels Technology, possible breakthroughs by 2025 Cars Move Closer to Reality
Sustainability• Clean Edge, a consulting firm that focuses on the Clean Tech Industry, just issued a Job Trends report.• There’s no mistaking the types of jobs we’re talking about – they include solar system installers, wind-turbine technicians, energy-efficiency software developers, green building designers, and clean-energy marketers.• The top five sectors for clean-tech job activity in the U.S. are solar; biofuels and biomaterials; conservation and efficiency; smart grid; and wind.
Healthcare•Aging population info•Technological advances Miniaturisation of motors has not kept pace with that of electronics, leaving such tiny robots with no means to get around in the body. Now, research reported in the Journal of Micromechanics and Microengineering has demonstrated a motor about twice the size of a human hair.The motors could be used to power mini robots to fly around inside the body. Tiny MotorsProsthetics-3 Prosthetics-2Neurological Epidemic
Healthcare BLS • As the largest industry in 2006, health care provided 14 million jobs—13.6 million jobs for wage and salary workers and about 438,000 jobs for the self-employed. • 7 of the 20 fastest growing occupations are health care related. • Health care will generate 3 million new wage and salary jobs between 2006 and 2016, more than any other industry. • Most workers have jobs that require less than 4 years of college education, but health diagnosing and treating practitioners are among the most educated workers.In the future…. Aging EpidemicThe Virtual Doctor Will See You NowGE, Intel Team Up on Joint Health Care Initiative for the Elderly
Nursing in Oregon• Nursing jobs will grow by 22% between 2008 & 2018• 60% of nurses work in hospitals• Low vacancy & turnover lead to low demand• 79% of employers report recruiting RNs BUT they want experience; only 39% of positions in 2010 were open to new grads• 65% of Oregon nurses will retire between 2010 – 2030• Rumor has it that Providence is transitioning to hire only BSNs by 2014• A 2010 report, “The Future of Nursing,” recommended increasing BSNs to 80 percen• PCC’s stated minimum GPA is 3.0 for prerequisites; the actual average is 3.93
Technology/Computer Tech•Information Technology is the Fastest Growing Sector in the economy (Bureau of Labor & Statistics)•Projected 68% increase in jobs in next 10 years (BLS)•36% increase in Computer Engineers (Bureau of Labor – BOL) 36% increase in MIS/CIS Info Specialists•35% increase in Tech Support Specialists (BOL)•20% increase in Computer Programmers (BOL)•Average computer professional makes $75,500 (BOL)•Outsourcing & globalization in computer tech industry curtailed due to Homeland Security laws (Microsoft)•92% of Information Technology workers don’t work in IT companies - 80% of those in small business (InformationTechnology Assn - ITA)•90% of ALL jobs in US require IT skills (BLS)•5 Hottest Technology Jobs (Robert Half Technology) Software Developers Web Developers Data Warehouse Managers Project Managers Life-like walking female robot Application Architects•7 Major Job Trends (CareerBuilder.com) Bigger paychecks Robot first for scientists Diversity recruitment Flexible work arrangements Rehiring retirees More promotions Better training Overseas hiring•5 Most In-Demand Technical Skills (ITA) C++ Oracle SQL Java Windows NT
Becky’s Top job changing technologies & trends• Gestural User Interface Two computer giants prepare for a world no longer dominated by the PC Sixth Sense 2:00 User Interface 6:30 Pranav Mistry Sixth Sense Leap• Augmented Reality Augmented Reality explained by Commoncraft Augmented Reality Assembly• 3D Printers How a new manufacturing technology will change the world 3-D Printing Is Spurring a Manufacturing RevolutionLibraries create hackerspaceLibraries and Museums Become Hands-On Learning Labs 32 InnovationsPlus……Flying Cars!
Becky’s Top job changing trends• Your life as a Cyborg We are all CyborgsExoskeletons Video Hacks RMD (Heart 2:55-4:37) (Car 8:17)• Your life as a game Everyones a Player When Games Invade Real Life• The Robot ate my jobRobotic LaborU.S. Manufacturing lost 6 million jobs between 1999-2009Who need waiters?
Becky’s Top job changing demographics Bureau of Labor Statistics• America is gettingBigger, so is Oregon Whos moving here?• America is getting older –“The older population represented8.1% of the total population in year1950. That percentage…is projected toreach 20.2% in 2050. Stated anotherway, one in five persons in 2050 will beaged 65 or older.• America is getting morediverse
From the Economist MagazineThree unconquered parts of the technologylandscape will be fought over in 2012•mobile payments•location•augmented reality
• If your industry’s growth is based on demographics, growth is more sure – the number of assisted-living facilities will have to increase• If a task can be automated, it probably will be. Top talent is highly prized and fought over. Low skilled workers are competing for low pay and few hours.
Portland is an island of job growth in Oregon.Most of Oregon is still in declineespecially southern and eastern.
Education Higher Education Shaping the Global Landscape in 2025 As global business grows increasingly borderless and labor markets more seamless, education has become a key determinant of countries’ economic performance and potential. Adequate primary education is essential, but the quality and accessibility of secondary and higher education will be even more important for determining whether societies successfully graduate up the value-added production ladder.Predictions of a shortage of American math and science professionals have grown dire.Ken Robinson Changing Education Paradigms
Will China Outsmart the U.S.?Our global competitiveness is based on being the origin of thenewest, best ideas. How will we fare if those ideas originatesomewhere else? The answers range from scary to scarier. Education as an Economic Issue “I’m about to get really big-picture on you: This country is in a significant crisis in education, and we don’t know it. If you look at other countries, like Singapore—Singapore’s knocking it out of the box. Why? Because the number-one strategy in their economic plan is education.” Michelle Rhee Time to Step it UpIn 2011, 1 in 10 admissions applications to Grinnell College in Iowa came from China.Half of them had a perfect score of 800 on the math portion of the SAT.
Hilary Pennington , the Gates FoundationKey Points from a speech at the American Council on Education• “Higher education has done a remarkable job of increasing college access. The entering class at most colleges today looks like America. But the graduating class does not. The students who walk across the stage are overwhelmingly white.”• “Over the next ten years, the number of working-age Hispanics will increase 83 percent. The number of African-Americans in the workforce is projected to grow 23 percent. And we know who our educational system serves the worst. Hispanics and African-Americans.”• “At a time when funding is down and our aspirations are up, business as usual won’t get us where we need to go.”• Credits are too difficult to transfer, wasting time and money.• Developmental Education isn’t working. “It’s education’s Bermuda Triangle– students enter it and most are never seen or heard from again.”• Effective programs can be scaled and modeled across more schools.
TEDxNYED - April 28, 2012 - Tony Wagner the first Innovation Education Fellow at the Technology & Entrepreneurship Center at Harvard• Education does not need reform, it needs reinvention• Set of core competencies:3. Critical thinking and problem solving4. Collaboration across networks and leading by influence5. Agility and adaptability6. Initiative and entrepreneurialism7. Effective oral and written communication8. Accessing and analyzing information9. Curiosity and imagination
Oregon Ed Reform http://www.oregon.gov/Gov/OEIB/Docs/PFDraftMergedCompacts.pdf?ga=t“Oregon intends to develop one of the best-educated citizenries in the world.The State of Oregon, has established an educational policy that by 2025, 100% of Oregonstudents will have successfully earned an education degree, which represents achievement of aquality education.Specifically, the state will achieve the following (known as 40/40/20) for Oregonians aged25-34 in 2025: 40 percent of adult Oregonians will have earned a bachelors degreeor higher; 40 percent of adult Oregonians will have earned an associate’s degree orpostsecondary credential as their highest level of educational attainment; and 20percent of all adult Oregonians will have earned at least a high school diploma, anextended or modified high school diploma, or the equivalent of a high school diploma as theirhighest level of educational attainment.”If we do nothing Oregon is headed for :30% bachelors degree or higher18% associate’s degree or postsecondary credential42% at least a high school diploma10 percent high school dropouts
GovernmentCrisis Futurist Thomas Frey sees a System Micronations• Many of the global systems we currently have in place are on the verge of breaking. Most global systems have evolved out of a patchwork of kluged-together national systems, and have not been designed to properly manage the speed, volume, and excessive nature of today’s society. We are in need of a complete systems overhaul, transitioning us from national systems to global systems.• Because we have had little ability to experiment with new systems in the past, we will be taking blind shots in the dark, best-guessing our way forward. National systems will fight to survive, but will flounder because of complexity overload.• Look for major failures to occur in most systems over the coming years including our tax systems, justice systems, social security, monetary systems, and much more. On the flip side, also pay close attention to the opportunities these failures will create.The Economist Magazine “Over the past half-century the productivity of just about every part of the world economy has been transformed by technology and new ideas. With the possible exception of Japanese retailing, no sector anywhere has changed less than [government]. The idea’s time has come: making citizens more responsible for what the state does”.
Top 10 College Degrees by Highest Starting Salary From NACE as quoted in: http://www.darwinsfinance.com/top-10-college-degrees-2010-best-majors/ 1. Petroleum Engineering $86,220 2. Chemical Engineering $65,142 3. Mining & Mineral Engineering $64,552 4. Computer Science $61,205 5. Computer Engineering $60,879 6. Electrical/Electronics & Communications Engineering $59,074 7. Mechanical Engineering $58,392 8. Industrial/Manufacturing Engineering $57,734 9. Aerospace/Aeronautical/ Astronautical Engineering $57,231 10. Information Sciences & Systems $54,038What are college degrees worth?
15 Awesome Jobs for Associate’s Degree Holders http://bit.ly/fOioJO(All salary information is courtesy of PayScale, and figures pertain to workers with 10 to 19 years of experience. All job projections are courtesy of the Bureau of Labor Statistics.)• Cardiovascular Technologist, $59,500 – $90,731• Forensic Science Technician, $48,279 – $86,474 Intel snaps up PCC Rock C• Radiation Therapist, $61,042 – $82,733 video• Geological and Petroleum Technician, $52,080 – $81,389• Diagnostic Medical Sonographer, $54,640 – $74,403• Nuclear Medicine Technologist, $59,613 – $72,719• Police Officer, $41,805 – $71,190• Registered Nurse, $49,830 – $71,106 SoloPower announces Por• Court Reporter, $44,467 – $69,622• Dental Hygienist, $41,644 – $65,532• Physical Therapist Assistant, $43,489 – $62,508• Respiratory Therapist, $45,306 – $60,260• Paralegal, $40,975 – $59,896• Computer Support Specialist, $40,168 – $58,557• Funeral Director, $38,644 – $53,868
8 high-paying jobs that require 2-year degrees• Registered nurses - about $55,000 per year.• Engineering technicians - approximately $52,000 per year.• Dental hygienists - average yearly income for a dental hygienist comes in at over $57,000 per year, with some hygienists earning well over $60,000 annually. Also of note, the demand for this position is expected to increase over the coming years.• Computer-support specialists - anywhere in the range of $46,000 to $60,000. They generally come with the added perks of flexible schedules or the ability to work remotely.• Paralegal - expect to rake in an average annual salary of about $46,000.• Diagnostic medical imaging and X-ray technicians - expect to earn in the range of $52,000 per year after completing a two-year program. These positions are also great for those that wish to work in a flexible work environment.• Web designer - website designers can expect to earn an average salary in the range of $49,000 annually, though the sky is the limit if you go into business for yourself or work freelance.• Physical-therapy assistant - Jobs in this field are definitely on the rise, especially as the population continues to age and has an increased need for physical therapy. Individuals in this field can expect to earn over $46,000 per year on average.
Disruption all around• Bullish on video – “During Advertising Week in New York, where TrueView debuted, Google predicted that by 2015, 50% of display ads will include video, while 75% will have a social component. Most important, the company anticipates that these innovations could help make display advertising a $50 billion industry.”• “YouTube has had great success with globally broadcasted live concerts that the North America-bound Hulu and Netflix cant match. Last November, on the cusp of the release of Bon Jovis greatest-hits album and international tour, the band gave an intimate concert in a 2,100-person venue in New Yorks Times Square and streamed it live via YouTube around the world. "YouTube gives us a worldwide audience," says band manager Paul Korzilius while on the road in Japan. He says the YouTube team globally marketed the show from Britain to Japan and let Bon Jovi use its new moderator tool to give fans an opportunity to interact, helping the band pick the concerts set list. ‘The numbers are mind-boggling when its all said and done," he says. "The record debuted in the top five in more than 20 markets around the world. It definitely worked as far as selling the record.’ "
One of the greatest changes is that a college degree• One of the greatest changes is that a college degree is no longer the guarantor of a middle-class existence. Until the early 1970s, less than 11 percent of the adult population graduated from college, and most of them could get a decent job. Today nearly a third have college degrees, and a higher percentage of them graduated from nonelite schools. A bachelor’s degree on its own no longer conveys intelligence and capability. To get a good job, you have to have some special skill — charm, by the way, counts — that employers value. But there’s also a pretty good chance that by some point in the next few years, your boss will find that some new technology or some worker overseas can replace you.• Though it’s no guarantee, a B.A. or some kind of technical training is at least a prerequisite for a decent salary. It’s hard to see any great future for high-school dropouts or high-school graduates with no technical skills. They most often get jobs that require little judgment and minimal training, like stocking shelves, cooking burgers and cleaning offices. Employers generally see these unskilled workers as commodities — one is as good as any other• Many workers have lost a near guarantee on a decent wage and benefits — and their careers are likely to have much more volatility (great years; bad years; confusing, mediocre years) than their parents’ ever did. Meanwhile, [we] should go to school, learn some skills and prepare for a rocky road.
In 2004, "Facebook didnt exist; Twitter was a sound; the cloud was in the sky; 4G was a parking place; LinkedIn was a prison; applications were what you sent to college; and Skype for most people was typo," hesays. "All of that changed in just the last six years.“ Tom Friedman
• 5 Hardest Jobs to Fill in 2012 from INC magazine Software Engineers and Web DevelopersThe demand for top-tier engineering talent sharply outweighs the supply in almost every market especially in San Francisco, New York, and Boston. This is a major, major pain point and problem that almost every company is facing, regardless of the technology "stack" their engineers are working on.• Creative Design and User ExperienceAfter engineers, the biggest challenge for companies is finding high-quality creative design and user-experience talent. Since almost every company is trying to create a highly compelling user experience that keeps people engaged with their product, it is tough to find people who have this type of experience (especially with mobile devices including tablets) and a demonstrated track record of success.• Product ManagementIt is always helpful for an early-stage company to hire someone who has very relevant and specific experience in your industry. This is especially true for product management, since the person in this role will interface with customers and define the product strategy and use cases. However, be prepared, as it will be a challenge to find people with experience in these high-growth industries: consumer web, e-commerce, mobile, software as a service, and cloud computing.• MarketingIm not talking about old-school marketing communications. Companies are looking for expert online marketers who know how to create a buzz of inbound marketing or viral traffic through the web, social media, and content discovery. Writing a good press release just doesnt cut it anymore, as everyone is looking for the savvy online marketing professional who understands how the current state of the web operates and knows how to make it work to their benefit.• AnalyticsSince data is becoming more and more accessible, smart companies are increasingly making decisions driven by metrics. Analytics is becoming a central hub across companies where everything (web, marketing, sales, operations) is being measured and each decision is supported by data. Thus, we are seeing a high level of demand for analytics and business intelligence professionals who almost act like internal consultants; they help determine what should be measured and then build out the capability for a company.
Which PCC Programs Match Your Interests?Which PCC programs match what we know about the labor market?
List of the 50 Best Careers of 2011 http://money.usnews.com/money/careers/articles/2010/12/06/the-50-best-careers-of-2011_print.html
InterestsPreferences for work environments and outcomes.Realistic — Realistic occupations frequently involve work activities that include practical, hands- on problems and solutions. They often deal with plants, animals, and real-world materials like wood, tools, and machinery. Many of the occupations require working outside, and do not involve a lot of paperwork or working closely with others.Investigative — Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.Artistic — Artistic occupations frequently involve working with forms, designs and patterns. They often require self-expression and the work can be done without following a clear set of rules.Social — Social occupations frequently involve working with, communicating with, and teaching people. These occupations often involve helping or providing service to others.Enterprising — Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.Conventional — Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Americas Best Careers 2011: Business and Finance US News• Accountant Conventional, Enterprising• Actuary Conventional, Investigative, Enterprising• Financial adviser Enterprising, Conventional, Social• Financial analyst Conventional, Investigative, Enterprising• Logistician Enterprising, Conventional• Meeting planner Enterprising, Conventional, Social• Public relations specialist Enterprising, Artistic, Social• Sales manager Enterprising, Conventional• Training specialist Social, Artistic, Conventional , Enterprising
Americas Best Careers 2011: Creative and Service US News• Commercial pilot Realistic, Investigative, Enterprising• Curator Enterprising, Conventional, Artistic, Investigative• Film and video editor Artistic, Enterprising, Investigative• Gaming manager Enterprising, Conventional• Heating, air conditioning and refrigeration technician Realistic, Conventional,Investigative• Interpreter/Translator Artistic, Conventional• Multimedia artist Artistic, Investigative• Technical writer Artistic, Investigative, Conventional
Americas Best Careers 2011: Social Service US News• Clergy S, E, A• Court reporter Conventional, E• Education administrator E, Conventional, S• Emergency management specialist S, E• Firefighter R, S, E• Marriage and family therapist S, A, I• Mediator S, E, C• Medical and public health social worker S, I• Special-education teacher S, A• Urban planner I, E, A
Americas Best Careers 2011: Healthcare US News
Americas Best Careers 2011: Science and Technology US News • Biomedical engineer IR • Civil engineer RIC • Computer software engineer IRC • Computer support specialist RIC • Computer systems analyst ICR • Environmental engineering technician RIC • Environmental science technician IRC • Hydrologist IR • Meteorologist IR • Network architect CIR
Who to work for? Large, flexible & global like IBM Economist• …the ability to operate at scale will also be vital in emerging markets.• Ability “to build a single corporate culture out of an increasingly diverse [global] workforce.• Procter & Gamble plans to add 1 billion new customers by 2015, a 25% increase, at least half of them in emerging markets; you have to be huge even to contemplate that.• Wal-Mart may need to buy a local firm or two to get the knowledge needed to thrive in Africa, but connecting those firms to its global logistics operation will be crucial too.• Scale is also important in winning government contracts in fast-growing areas such as infrastructure, health care and education.• Governments like to know that their contractors are serious operations, unlikely to vanish overnight—which favours firms like GE. The business winners will be those that combine scale with agility
The 30 occupations with the largest projected employment growth, 2010-20Nationally Bureau of Labor Statisticshttp://www.bls.gov/news.release/ecopro.t06.htm3.Registered Nurses4.Retail Salespersons5.Home Health Aides6.Personal Care Aides7.Office Clerks, general8.Combined Food Preparation & Serving9.Customer Service Representatives10.Heavy and Tractor-trailer truck drivers11.Laborers and Freight, Stock & Material Movers12.Postsecondary Teachers13.Nursing Aides, Orderlies & Attendants14.Childcare Workers15.Bookkeeping, Accounting & Auditing clerks16.Cashiers17.Elementary School teachers18.Receptionists & Information Clerks19.Janitors & Cleaners20.Landscaping & Groundskeeping21.Sales Representatives22.Construction Laborers23.Medical Secretaries24.First-line Supervisors25.Carpenters26.Waiters & Waitresses27.Security Guards28.Teacher Assistants29.Accountants & Auditors30.Licensed Practical & Licensed Vocational Nurses31.Physicians & Surgeons32.Medical Assistants
Fastest Growth Nationally***Despite rapid growth in the construction sector, employment in 2020 isnot expected to reach its pre-recessionary annual average peak of 7.7 millionin 2006. (http://www.bls.gov/news.release/ecopro.nr0.htm)4.Personal care aides5.Home health aides6.Biomedical engineers7.Helpers--brickmasons, blockmasons, stonemasons, and tile and marble setters8.Veterinary technologists and technicians9.Reinforcing iron and rebar workers10.Physical therapist assistants11.Helpers--pipelayers, plumbers, pipefitters, and12.Steamfitters13.Meeting, convention, and event planners14.Diagnostic medical sonographers15.Occupational therapy assistants16.Physical therapist aides17.Glaziers18.Interpreters and translators19.Medical secretaries20.Market research analysts and marketing specialists21.Marriage and family therapists22.Brickmasons and blockmasons23.Physical therapists24.Dental hygienists25.Bicycle repairers26.Audiologists27.Health educators28.Stonemasons29.Cost estimators30.Medical scientists, except epidemiologists31.Mental health counselors32.Pile-driver operators33.Veterinarians
For General Information & Appointments - Call 503 978-5600Office Hours: Monday through Thursday 8am-4:45pm & Friday 8am–4pm
In the Portland Metropolitan area…Until 2011 the largest industry wasmanufacturing.One year ago the largest industry became?Guesses?
Economic Crisis of 2008 in small bits• House Advantage: The Sure ThingAn animated explanation of how banks use securities lending to make a profit, while their customers cover the losses.• The Crisis of Credit Visualized• “The Real Tragedy of Persistent Unemployment: It erodes the skills of the labor force and reduces future productivity” Mohamed A. El-erian, CEO and co-CIO of PIMCO, one of the world’s largest bond investors with approximately US$1.77 trillion of assets under management as of March 31, 2012.
Economic models explained using cowTRADITIONAL CAPITALISM ENRON VENTURE CAPITALISMYou have two cows. You have two cows.You sell one and buy a bull.Your herd multiplies, and the economy grows. You sell three of them to your publicly listed company, using letters ofYou sell them and retire on the income. credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get allSOCIALISM four cows back, with a tax exemption for five cows.You have 2 cows. The milk rights of the six cows are transferred via an intermediary to aYou give one to your neighbour. Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.COMMUNISM The annual report says the company owns eight cows, with an option onYou have 2 cows. one more.The State takes both and gives you some milk. You sell one cow to buy a new president of the United States , leavingAN AMERICAN CORPORATION you with nine cows.You have two cows. No balance sheet provided with the release.You sell one, and force the other to produce the milk of The public then buys your bull.four cows.Later, you hire a consultant to analyse why the cow hasdropped dead.