There are those in this country that trust that we require to go towards a “service sector” economy as well as to forgo manufacturing as the mainstay of our economy. It doesn’t take an engineer (or brain surgeon) to realize that the America we know today was built from manufacturing, not from a service sector. There simply isn’t sufficient funds on behalf of this country to transfer forward without us making stuff.


Now the problem is that we are losing engineering to layoffs as well as plant shutdowns, so you may be forced to request a brain surgeon on behalf of the details, if you don’t have the mental functionality to figure this out.
From SME’s Daily Executive Briefing:

Unemployment        Rate For Engineers Spikes
National Journal (4/6)        reported, “The unemployment rate on behalf of U.S. engineering as well as computer        occupations is rising at a faster pace than on behalf of other professional        occupations,” data by the Department of Labor’s Bureau of Labor Statistics        suggested. “An analysis of the data by IEE-USA, an organizational unit of        the Institute of Electrical as well as Electronics Engineers, found the        unemployment rate on behalf of all engineers grew from 2.9 percent in the fourth        quarter of 2008 to 3.9 percent in the first quarter of 2009.” Furthermore,        “for computer occupations, the unemployment rate went from 3.3 percent to        5.4 percent including a jump from 1.9 percent to 4.2 percent on behalf of out of        work software engineers as well as an increase of 5.7 percent from 3 percent on behalf of        unemployed computer scientists as well as systems analysts.” Network World (4/6, Dubie)        also covered the story.
Chemical        Workforce Losses Continue To Rise. Chemical & Engineering        News (4/6, Voith) reported, “The chemical workforce in the U.S.        shrank by 11,300 in the first quarter as job losses in the industry        paralleled those in the broader economy, according to the Bureau of Labor        Statistics.” About “3,900 of the chemical employment opportunities were lost in March.” The        article noted, “The chemical industry’s rate of job loss has accelerated        compared to 2008. The March employment figure is down 3.3% versus per annum        ago, whereas full-year 2008 employment was down only 2.5% compared to        2007. The recession has also had an effect on the chemical industry’s        average weekly hours of work, which declined 1 hour to 40.9 hours from        March 2008.”

Posted in Big Money, Economy, Job Losses, New World Order, REAL State of the Union, REAL State of the World Tagged: SME Daily Executive Briefing