Nature of job creation

It is difficult to predict the nature of job creation that will happen but I think in it sector it’s going to be design and marketing. Talking a more holistic approach, the US is going to e providing the brain power that puts it all together and I India will supply parts of it and china will provide parts of it and so will Canada and Europe. The higher end management, design architecture type of jobs will be created in US. If you look at the US economy there is still shortage at the higher level. It's not that have a surplus of those folks and we need to continue to improve the education system and train people. This is a perfect point where globalization can help lead a race to the top, We are all trying to move up the value chain, trying to build up skills and trying to educate workers better. There are some areas particularly that may be stimulated by R & D and the defense and homeland security communities that may have unprecedented growth may be not in the near term but certainly in the next decade or so. Directed energy and the use of lasers for example, nanotechnology is another great area that could take off in the ahead in areas of IT architecture, enterprise, architecture, system integration, will all be strong streams in the US in the next decade. I do have concerns about our education system, but I think one of the strength of the American system is its adaptability.

I do have concerns about our education system, but I think one of the strength of American system is its adaptability.