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US job hunters are making a beeline for Singapore

SNAblog

Alfrescian
Loyal
Knowing how our govt and companies worship westerners, expect Singaporeans jobless rate to rise. PMETs will particularly the hardest hit as these westerners will be eyeing jobs in engineering, computer technology, manufacturing, investment banking and consulting.

http://www.freep.com/article/200911...job-hunters-eye-other-nations-help-wanted-ads

U.S. job hunters eye other nations' help wanted ads
By PAUL DAVIDSON
USA TODAY

Here's one way to deal with the brutal U.S. job market: Leave the country.

With the nation's unemployment rate at a 26-year-high of 10.2%, more Americans are hunting for, and landing, work overseas, according to staffing companies and executive search firms.

Jeff Joerres, CEO of Manpower, the No. 1 U.S. staffing company, says about 500 clients are seeking jobs abroad, up from a few dozen six months ago.

"It suddenly looks like there may be better opportunities outside the U.S.," Joerres says. "It is a phenomenon we haven't had before."

While the number of globe-trotting job candidates is still relatively small, the trend reverses a longtime pattern of far more foreign workers seeking jobs in the U.S., Joerres says.

Fifty-four percent of executives said they'd be likely or highly likely to accept a foreign post, according to a survey of 114 executives Friday by talent management company Korn/Ferry. Just 37% of those surveyed in 2005 said they'd go abroad.

The hottest international job markets include India, China, Brazil, Dubai and Singapore, recruiters say. International companies are largely seeking candidates in engineering, computer technology, manufacturing, investment banking and consulting.

Although the global recession hit Asian economies, they did not suffer as deeply as the U.S. and are rebounding faster, says economist Nariman Behravesh of IHS Global Insight. Contact Singapore, which recruits executives in that country, says it's seeking "global talent to help foster innovation" for fields such as digital games.

Steve Watson, chairman of executive search firm Stanton Chase International, says he recently sought a CEO for a Dubai manufacturer, and "three or four people quickly raised their hands. I do not think we would have had that two years ago."

After completing his junior year at Georgia Institute of Technology, Charles Wang, an industrial engineering major, worked as a project manager for United Parcel Service in Dubai from July 2008 until last May. His task: develop a delivery system for the Arab state's first-ever network of streets and addresses. After graduating next month, he plans to return to Dubai for a permanent job.

It's "because of . . . my inability to find good jobs in the U.S.," says Wang, 22, adding he'll stay in Dubai until the U.S. job market is "back to normal."

At MIT's Sloan School of Management, 24% of 2009 graduates got jobs overseas, up from 19% last year. It's "tied to the (U.S.) economy," says career development head Jackie Wilbur.
 

singveld

Alfrescian (Inf)
Asset
no doubt PAP will prostitute itself to amercian again, trying to give out their cheap PR and pink IC to amercian.
 

SamuelStalin

Alfrescian
Loyal
Haha here comes the American parasites. Singaporeansese ones now have foreign company.

Rubbish and rubbish hand in hand - a perfect dream come true.
 

TeeKee

Alfrescian
Loyal
Training people to hate and kill one another online can bring in big bucks....look at this SATAN's evil world!

Call of Duty: Modern Warfare 2 is said to have broken the single-day sales record for an entertainment property. According to Activision, the game earned $310 million in North America and England alone in its first 24 hours.
(Credit: Activision)

So much for the supposedly unbreakable first-day sales record set last year by Grand Theft Auto IV.

On Thursday, Activision said that its brand-new Call of Duty 2: Modern Warfare, which hit store shelves on Tuesday, had "shattered" the previous record for opening-day sales by an entertainment property, earning $310 million in North America and the U.K. alone. That equates to 4.7 million copies of the new game sold in those regions, and, if true, would eclipse the previous first-day sales record of $310 million globally, which GTA IV set in May of 2008.

Given that GTA IV had nearly doubled the previous record of $170 million, set by Halo 3, I wondered at the time whether its new mark was unassailable. Clearly, the new Call of Duty has answered that question, and loudly.

Now, we have to ask once again whether there could be another challenger for the crown. It would be foolish, it seems, to conclude that there won't be, given the dominance of franchises like Guitar Hero, Rock Band, Grand Theft Auto itself, and, of course, Call of Duty.

A bigger question could be: Why do we care? That's especially true given how frequently these mega-records are broken. Still, it's hard not to get worked up about what it means for a single video game title to bring in hundreds of millions of dollars in a single 24-hour period, particularly while we're still mired in a fairly deep recession.

There are all kinds of arguments to be made about why video games do well in tough economic times, and I've trotted a number of them out in this space. But most games don't come anywhere near selling $310 million worth of product in their entire lifetime, let alone on their first day, so Activision--and its Infinity Ward studio, which actually developed the new Call of Duty--seem entitled to a little bit of attention.

But at the rate these records are falling, I'm going to have to start thinking twice every time a new game sends me one of these announcements about breaking records. Sooner or later, it's not going to be all that noteworthy, no matter how much money is earned in a single day. Until then, though, watch this space for word on which game will be next in line for the throne.
 
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