SlideShare a Scribd company logo
And
John J. Falcetta
John Falcetta highly recommends
David Bernsteins article on BIG DATA
for human reources professionals.
.
And
John Falcetta highly recommends
David Bernsteins article on BIG DATA
for human reources professionals.
Just as having a saw doesn‟t make you
an expert carpenter,having Big Data
doesn‟t make you an expert analyst.
John Falcetta cant agree more with
Bernstein.
A recent article in the Harvard
Business Review, titled Big Data‟s
Human Component, has reinforced
what I‟ve been
thinking for some time.
John Falcetta cant agree more with
Bernstein.
A recent article in the Harvard Business
Review, titled Big Data‟s Human
Component, has reinforced what I‟ve been
thinking for some time. While the
industry is getting excited about Big Data
being the “next great tool,” it‟s nothing
without knowledgeable people making
the essential connections.
Or as software architect Grady Booch
famously
stated: “A fool with a tool is still a
fool.” And John Falcetta agrees, in a
way, "A fool with a tool is just a tool."
JOHN J. FALCETTA an unstoppable
force at the frontier of global human
resources leadership; driven by vision
enterprise value creation and „edge‟.
JOHN J. FALCETTA redefining the
human resource mission to accelerate
growth, promote execution and
advance corporate values.
Sequestration's Effect on Professional Employment
When the Bureau of Labor Statistics released its monthly
employment report for January, it also released revisions to data for
all of 2012, revisions that were remarkably more positive than what
had been previously reported. In total, 647,000 more jobs were
created in the United States last year than BLS reports had indicated.
While that is only about 0.41 percent of total U.S. workforce, it
significantly alters the estimate of year-over-year growth. As of
January, before the adjustment, total employment year-over-year
was up less than 1.2 percent. With the adjustment, average growth in
2012 grew to more than 1.5 percent, in line with the 40 year average,
and well above the 20 year average of 1.1 percent annual growth. In
fact, in the last 10 years employment has only grown an average of
0.3 percent per year. By these metrics, 2012 was at least an average
year for employment growth and in recent history was actually
above average.
This year, however, is already presenting new
challenges and changing dynamics. The debt
crisis in Europe has backed off from the
cliff, putting a pin back in one of the largest
potential economic grenades on the horizon.
Yet, the cost-cutting effects from sequestration
appear increasingly unavoidable and will in the
coming months have measurable consequences
across the military, military
support, research, education and other sectors
that rely heavily on government support.
John falcetta

More Related Content

Similar to John falcetta

Proofed Paper ntp192135 - Mon Feb 27 202029 EST 2017.docx
       Proofed Paper ntp192135 - Mon Feb 27 202029 EST 2017.docx       Proofed Paper ntp192135 - Mon Feb 27 202029 EST 2017.docx
Proofed Paper ntp192135 - Mon Feb 27 202029 EST 2017.docx
hallettfaustina
 
Economic Policy Recommendation 20120916
Economic Policy Recommendation 20120916Economic Policy Recommendation 20120916
Economic Policy Recommendation 20120916
Mike Debiak
 
U.S. construction trends and outlook (Q1 2016)
U.S. construction trends and outlook (Q1 2016)U.S. construction trends and outlook (Q1 2016)
U.S. construction trends and outlook (Q1 2016)
JLL
 
DC Development Report: 2014/2015 Edition
DC Development Report: 2014/2015 EditionDC Development Report: 2014/2015 Edition
DC Development Report: 2014/2015 Edition
Washington, DC Economic Partnership
 
witte - the impacts of the great recession in florida final
witte - the impacts of the great recession in florida finalwitte - the impacts of the great recession in florida final
witte - the impacts of the great recession in florida final
Teresa Witte
 
First friday march 2013
First friday march 2013First friday march 2013
First friday march 2013
JCianciolo
 
Data SnapShot Report Booklet
Data SnapShot Report BookletData SnapShot Report Booklet
Data SnapShot Report Booklet
Purdue Center for Regional Development
 
Running hHead UNITED STATES NATIONAL DEBT1UNITED STATES N.docx
Running hHead UNITED STATES NATIONAL DEBT1UNITED STATES N.docxRunning hHead UNITED STATES NATIONAL DEBT1UNITED STATES N.docx
Running hHead UNITED STATES NATIONAL DEBT1UNITED STATES N.docx
rtodd599
 
which-
which-which-
The beauty of data visualization
The beauty of data visualizationThe beauty of data visualization
The beauty of data visualization
Raminder Singh
 
Top50 Power&influence
Top50 Power&influenceTop50 Power&influence
Top50 Power&influence
ONGestão
 
Effective media relations for the water industry - v.09
Effective media relations for the water industry - v.09Effective media relations for the water industry - v.09
Effective media relations for the water industry - v.09
Brian Gongol
 
Illustrative list 11 10 2010
Illustrative list 11 10 2010Illustrative list 11 10 2010
Illustrative list 11 10 2010
Ports-To-Plains Blog
 
Highlights of the Ten-Year Budget and Economic Outlook
Highlights of the Ten-Year Budget and Economic OutlookHighlights of the Ten-Year Budget and Economic Outlook
Highlights of the Ten-Year Budget and Economic Outlook
Fix the Debt Campaign
 
Market-Insight_Chinese Manufacturings Low-Cost Run
Market-Insight_Chinese Manufacturings Low-Cost RunMarket-Insight_Chinese Manufacturings Low-Cost Run
Market-Insight_Chinese Manufacturings Low-Cost Run
Tevia Arnold
 
Economic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming ConservativesEconomic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming Conservatives
David Doney
 
February 2016 U.S. employment update and outlook
February 2016 U.S. employment update and outlook February 2016 U.S. employment update and outlook
February 2016 U.S. employment update and outlook
JLL
 
Paine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Paine Wetzel/TCN 2016 Q4 State of the Market: Central EditionPaine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Paine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Marc Hale
 
Paine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Paine Wetzel/TCN 2016 Q4 State of the Market: Central EditionPaine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Paine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Marc Hale
 
Get Real This Is Not 1932
Get Real   This Is Not 1932Get Real   This Is Not 1932
Get Real This Is Not 1932
Wulfbreath
 

Similar to John falcetta (20)

Proofed Paper ntp192135 - Mon Feb 27 202029 EST 2017.docx
       Proofed Paper ntp192135 - Mon Feb 27 202029 EST 2017.docx       Proofed Paper ntp192135 - Mon Feb 27 202029 EST 2017.docx
Proofed Paper ntp192135 - Mon Feb 27 202029 EST 2017.docx
 
Economic Policy Recommendation 20120916
Economic Policy Recommendation 20120916Economic Policy Recommendation 20120916
Economic Policy Recommendation 20120916
 
U.S. construction trends and outlook (Q1 2016)
U.S. construction trends and outlook (Q1 2016)U.S. construction trends and outlook (Q1 2016)
U.S. construction trends and outlook (Q1 2016)
 
DC Development Report: 2014/2015 Edition
DC Development Report: 2014/2015 EditionDC Development Report: 2014/2015 Edition
DC Development Report: 2014/2015 Edition
 
witte - the impacts of the great recession in florida final
witte - the impacts of the great recession in florida finalwitte - the impacts of the great recession in florida final
witte - the impacts of the great recession in florida final
 
First friday march 2013
First friday march 2013First friday march 2013
First friday march 2013
 
Data SnapShot Report Booklet
Data SnapShot Report BookletData SnapShot Report Booklet
Data SnapShot Report Booklet
 
Running hHead UNITED STATES NATIONAL DEBT1UNITED STATES N.docx
Running hHead UNITED STATES NATIONAL DEBT1UNITED STATES N.docxRunning hHead UNITED STATES NATIONAL DEBT1UNITED STATES N.docx
Running hHead UNITED STATES NATIONAL DEBT1UNITED STATES N.docx
 
which-
which-which-
which-
 
The beauty of data visualization
The beauty of data visualizationThe beauty of data visualization
The beauty of data visualization
 
Top50 Power&influence
Top50 Power&influenceTop50 Power&influence
Top50 Power&influence
 
Effective media relations for the water industry - v.09
Effective media relations for the water industry - v.09Effective media relations for the water industry - v.09
Effective media relations for the water industry - v.09
 
Illustrative list 11 10 2010
Illustrative list 11 10 2010Illustrative list 11 10 2010
Illustrative list 11 10 2010
 
Highlights of the Ten-Year Budget and Economic Outlook
Highlights of the Ten-Year Budget and Economic OutlookHighlights of the Ten-Year Budget and Economic Outlook
Highlights of the Ten-Year Budget and Economic Outlook
 
Market-Insight_Chinese Manufacturings Low-Cost Run
Market-Insight_Chinese Manufacturings Low-Cost RunMarket-Insight_Chinese Manufacturings Low-Cost Run
Market-Insight_Chinese Manufacturings Low-Cost Run
 
Economic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming ConservativesEconomic Intervention: Deprogramming Conservatives
Economic Intervention: Deprogramming Conservatives
 
February 2016 U.S. employment update and outlook
February 2016 U.S. employment update and outlook February 2016 U.S. employment update and outlook
February 2016 U.S. employment update and outlook
 
Paine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Paine Wetzel/TCN 2016 Q4 State of the Market: Central EditionPaine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Paine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
 
Paine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Paine Wetzel/TCN 2016 Q4 State of the Market: Central EditionPaine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
Paine Wetzel/TCN 2016 Q4 State of the Market: Central Edition
 
Get Real This Is Not 1932
Get Real   This Is Not 1932Get Real   This Is Not 1932
Get Real This Is Not 1932
 

Recently uploaded

What's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightnessWhat's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightness
Labour Market Information Council | Conseil de l’information sur le marché du travail
 
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
taqyea
 
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt FinancingHow Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
Vighnesh Shashtri
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
Commonwealth
 
5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports
EasyReports
 
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdfPensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Henry Tapper
 
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
AntoniaOwensDetwiler
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
hiddenlevers
 
Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!
FinTech Belgium
 
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
bbeucd
 
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
5spllj1l
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
AntoniaOwensDetwiler
 
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptxSWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
Godwin Emmanuel Oyedokun MBA MSc PhD FCA FCTI FCNA CFE FFAR
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
nimaruinazawa258
 
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
obyzuk
 
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
rlo9fxi
 
The Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan ApprovalsThe Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan Approvals
Vighnesh Shashtri
 
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdfTumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Henry Tapper
 
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
qntjwn68
 
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFiTdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
nimaruinazawa258
 

Recently uploaded (20)

What's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightnessWhat's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightness
 
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
 
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt FinancingHow Non-Banking Financial Companies Empower Startups With Venture Debt Financing
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
 
Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]Economic Risk Factor Update: June 2024 [SlideShare]
Economic Risk Factor Update: June 2024 [SlideShare]
 
5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports5 Tips for Creating Standard Financial Reports
5 Tips for Creating Standard Financial Reports
 
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdfPensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
 
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...
 
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptxOAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
 
Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!Money20/20 and EU Networking Event of 20/24!
Money20/20 and EU Networking Event of 20/24!
 
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
一比一原版(UCSB毕业证)圣芭芭拉分校毕业证如何办理
 
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
 
Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)Independent Study - College of Wooster Research (2023-2024)
Independent Study - College of Wooster Research (2023-2024)
 
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptxSWAIAP Fraud Risk Mitigation   Prof Oyedokun.pptx
SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
 
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
 
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
 
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
快速制作美国迈阿密大学牛津分校毕业证文凭证书英文原版一模一样
 
The Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan ApprovalsThe Impact of GST Payments on Loan Approvals
The Impact of GST Payments on Loan Approvals
 
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdfTumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
Tumelo-deep-dive-into-pass-through-voting-Feb23 (1).pdf
 
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
1:1制作加拿大麦吉尔大学毕业证硕士学历证书原版一模一样
 
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFiTdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
 

John falcetta

  • 2. John Falcetta highly recommends David Bernsteins article on BIG DATA for human reources professionals. .
  • 3. And John Falcetta highly recommends David Bernsteins article on BIG DATA for human reources professionals. Just as having a saw doesn‟t make you an expert carpenter,having Big Data doesn‟t make you an expert analyst.
  • 4. John Falcetta cant agree more with Bernstein. A recent article in the Harvard Business Review, titled Big Data‟s Human Component, has reinforced what I‟ve been thinking for some time.
  • 5. John Falcetta cant agree more with Bernstein. A recent article in the Harvard Business Review, titled Big Data‟s Human Component, has reinforced what I‟ve been thinking for some time. While the industry is getting excited about Big Data being the “next great tool,” it‟s nothing without knowledgeable people making the essential connections.
  • 6. Or as software architect Grady Booch famously stated: “A fool with a tool is still a fool.” And John Falcetta agrees, in a way, "A fool with a tool is just a tool."
  • 7. JOHN J. FALCETTA an unstoppable force at the frontier of global human resources leadership; driven by vision enterprise value creation and „edge‟.
  • 8. JOHN J. FALCETTA redefining the human resource mission to accelerate growth, promote execution and advance corporate values.
  • 9. Sequestration's Effect on Professional Employment When the Bureau of Labor Statistics released its monthly employment report for January, it also released revisions to data for all of 2012, revisions that were remarkably more positive than what had been previously reported. In total, 647,000 more jobs were created in the United States last year than BLS reports had indicated. While that is only about 0.41 percent of total U.S. workforce, it significantly alters the estimate of year-over-year growth. As of January, before the adjustment, total employment year-over-year was up less than 1.2 percent. With the adjustment, average growth in 2012 grew to more than 1.5 percent, in line with the 40 year average, and well above the 20 year average of 1.1 percent annual growth. In fact, in the last 10 years employment has only grown an average of 0.3 percent per year. By these metrics, 2012 was at least an average year for employment growth and in recent history was actually above average.
  • 10. This year, however, is already presenting new challenges and changing dynamics. The debt crisis in Europe has backed off from the cliff, putting a pin back in one of the largest potential economic grenades on the horizon. Yet, the cost-cutting effects from sequestration appear increasingly unavoidable and will in the coming months have measurable consequences across the military, military support, research, education and other sectors that rely heavily on government support.