The job outlook doesn't look terrific for the coming year, at least according to statistics published by the American Management Association (www.amanet.org). Nearly two-thirds of business execs surveyed forecasted that their U.S. workforce would either remain the same or decrease in 2003. On average, those who reported a downsizing estimated a loss of 7.8% of their workforce. Top reasons for eliminating jobs: Organizational restructuring (44%); Lower demand for products (40%); and improved efficiency (31%). There's good news, though: 89% of execs say that they plan to give raises and bonuses to their employees this year.
Using wireless chips and accessories, engineers can now extract data from the unlikeliest of places -- pumps, motors, bridges, conveyors, refineries, cooling towers, parking garages, down-hole drills and just about anything else that can benefit from monitoring.
With strong marketplace demand for qualified engineers across the board that currently outstrips the available supply, there may never be a better time for engineers and project managers to advance their careers and salaries. Whether those moves are successful in the short-term and long-term is likely to depend on how the transition from one job to the next is handled.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.