Detroit Engineering Job Outlook

Detroit Engineering Employment A look at engineering employment and the local job market

Presenter’s perspective ,[object Object],[object Object],[object Object],[object Object],George Corser Managing Director Aspen Search Group This presentation was prepared for the Engineering Society of Detroit, January 2009

Engineering career outlook ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Engineers by specialization Source: BLS 2008-09 Red: very hot Pink: hot Light blue: average Blue: cold

Example: Electrical Engineers ,[object Object],[object Object],[object Object],[object Object]

Automotive industry outlook ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Detroit’s Top 10 Employers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Detroit employers’ stock DAI GM F VC Source: Google Finance

Lingering unemployment ,[object Object],[object Object],[object Object],Paul Krugman, January 22, 2008, 11:09 am Deep? Maybe. Long? Probably. I still keep reading articles asserting that the last two recessions were brief and shallow. Formally, that’s true. But both were followed by prolonged “jobless recoveries” that felt like continuing recessions. Below is the employment-population ratio since 1989, with shading showing the official recessions. In both cases the employment slump went on for a long time after the recession was supposedly over. Source: http://krugman.blogs.nytimes.com/2008/01/22/deep-maybe-long-probably/ [See next slide for graph]

Summary of the economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],What difference does it make? I just want to find a good job!

Addendum: challenges! ,[object Object],[object Object],[object Object],[object Object]

To be continued… ,[object Object],[object Object],[object Object]

Detroit Engineering Job Outlook

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Detroit Engineering Job Outlook