Monday, February 13, 2012

Latest Bureau of Labor Statistics Report

http://www.bls.gov/news.release/ecopro.nr0.htm. The Bureau of Labor Statistics recently issued the above report and set off a firestorm amongst folks like me about how to use this information when ooaching and counseling clients. After some debate, I concur with anyone who suggests caution. These are projections, nothing more. No one has a crystal ball. Take any projections like these, combine them with what is going on in your working area, and from there. I live and work in Northern Virginia, where we have been protected in a large part by the federal government. That is changing; the federal government continues to shrink; cuts have arrived in DOD spending. Will the private sector in this area pick up the slack? That is the prediction...stay tuned and be aware.

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