The Bullseye - October 2010

Friday, October 1, 2010

In This Issue:
Examining the Double-Dip Recession Possibility,
Alumni Update,
Participate in Orion's Transition Corner,
Characteristics of Leaders,
Congratulations to This Month's Winner,
Orion Recruiter Gives Interview Advice in Military Times Edge article,
Outsourcing Mistakes,
Connect with Orion

Examining the Double-Dip Recession Possibility

There has been tremendous talk in the U.S. media that there might be a “double-dip recession”. Most Americans know that is not a positive thing, but really aren’t sure what a double-dip recession is. According to www.investopedia.com, a double-dip recession is “when gross domestic product (GDP) growth slides back to negative after a quarter or two of positive growth. A double-dip recession refers to a recession followed by a short-lived recovery, followed by another recession.”

Many factors are influencing these media reports. Consumers are wary and aren’t ready to loosen their purse strings. Unemployment remains high; Europe is in a debt crisis; and the housing market remains shaky. Because of these factors, many economists believe the U.S. is headed for a double-dip recession.

However, early September provided a glimmer of hope as the Employment Situation reports are suggesting that a double-dip recession has a very low probability of occurrence. Some of the positive highlights of the Employment Situation reports include:

• Net private payrolls have been positive every month since January. This includes a more than expected $67,000 increase in August.
• On average since January, private payrolls have averaged $95,375 in gains. While this remains below the $100,000 needed to enforce labor growth, it is still positive news given the recent recession.
• Non-farm payrolls declined $54,000 in August, which was above the forecast of -$120,000.
• Average hourly earnings increased 0.3%.
• As predicted, the unemployment rate rose from 9.5% to 9.6%, and the labor force increased by 0.4%. Normally when unemployment climbs it is a bad signal. However, since the labor force increased, there is an indication that workers believe more jobs are returning.

Even with the positive report, many Americans still believe we are at risk for a double-dip recession. With the recent positive Employment Situation reports, many economists are steering away from this idea. There are several conditions that would prove the existence of a double-dip recession. These include:

• Housing markets continuing to fall in already hard-hit regions.
• Consumer spending stagnating and declining.
• Consumer confidence falling.
• Auto sales dropping to recession levels.
• The trade balance dropping.
• The national deficit rising sharply.
• Stock markets falling dramatically.
• The banking industry producing more failures.

With most of these conditions stabilizing, however, financial experts are trending towards permanent recovery from this recession. Hopefully, this will prove to be true.

 

Alumni Update

Orion International Alumni Update

I actually ended up having a gap between the time I transitioned in January 2010 and the time I took my job with Coastal in April 2010. During that gap, I took advantage of the new GI Bill offerings and began to pursue engineering graduate school. While there, I was offered a fully paid position on the teaching staff as a graduate research assistant, which I accepted.

I now work in government contracting within the environmental field and have found that my time in the Army prepared me well for the organization and discipline required for such a dynamic field. Additionally, the operations my company conducts are very similar to down-range operations I experienced as an Engineer Captain. Each contract is unique and requires original administrative, logistic, and physical systems to facilitate the development and satisfaction of the contract requirements. 

 - Zachary Humbles - Project Engineer, Coastal Environmental Group

Do you have an update to share with us?  Did you get promoted, have a new addition to your family or any other news you’d like to share?  Click here to tell us about it

 

 

Participate in Orion's Transition Corner

Orion is currently looking for alumni to participate in Transition Corner. We developed Transition Corner to fulfill the need among transitioning service members for guidance and advice, as well as being able to learn from the experience of a fellow vet who has recently been through the same transition. And we'd like your participation!

As an Orion alumnus, you know that transitioning out of the military and into the civilian workplace can be an overwhelming and uncertain time. And, having successfully transitioned into the civilian workplace, this is your opportunity to serve as a resource for fellow military veterans and share your transition, job-search, and civilian career experience, as well as tips or advice.

Would you like to be featured in Transition Corner? Please contact Allison Thomas to learn more!

Characteristics of Leaders

Are you one of those people who wants to advance their career to a leadership position? Perhaps you don’t want to reach the top, but wonder what is ticking inside the mind of your boss or your company’s CEO. While great leaders come in many shapes and sizes, over time, psychologists and other behavioral experts have been able to hone in on some key characteristics of leaders. Most great leaders:

Lead by Example: If you want confident, disciplined, and motivated employees, as a leader, you must also be these things.

Master Open Communication: Leaders always keep an open door, and keep their team informed. They also encourage their employees to speak openly, and they listen with an open mind.

Encourage Excellence: Leaders set the bar high and encourage their employees to meet their expectations.

Inspire: Great leaders have the ability to motivate and inspire their employees to do great things and reach higher.

Are Intelligent: Most leaders are intelligent and enjoy learning. They challenge themselves with new ideas and are avid readers.

Forward Thinking: Leaders are always forward thinking. They look outside the box and have strategic vision.

Are Motivated: Leaders tend to be extremely motivated and thrive on internal drive. They aren’t complacent and need to challenge themselves regularly.

Are Tolerant: Leaders are tolerant to ambiguity. They are perfectly fine with uncertainty and risk. After all, this is where they see a return on their investment.

Ralph Waldo Emerson said, “Do not follow where the path may lead. Go instead where there is no path and leave a trail.” If you desire a leadership role in your personal or work life, consider this list and the words of Emerson and decide what leadership characteristics you need to develop in order to reach your goal. And remember to always be sure to lead by example.

 

 

Congratulations to This Month's Winner

John Pelton won the Job Seeker Referral monthly drawing and is the winner of a $50 gift card.  
 
Ready for your chance to win a $50 gift card? You’ll receive an entry into our monthly drawings for Client and Job Seeker referrals for each referral that you submit – good luck and thank you for the referral!.

Growth Careers in 2010

Careerbuilder recently published its 2010 Mid-Year Jobs Forecast listing careers that are among those in need of qualified candidates. The Forecast found that one in five employers currently have positions that they have been unable to fill. Additionally, 48% of Human Resource Managers surveyed said that there is an area of their company that is lacking skilled workers in one of these careers.

Skilled Trades: Careerbuilder cites the reason for a shortage of workers in these jobs is that the expertise required for them is often not necessarily learned in a four-year school, but requires education, training, and experience. Justin Whitworth, a former Petty Officer First Class in the Navy, transitioned easily into this field as an Electrician with Parker Drilling earlier this year thanks to his technical experience in the military, and continues to enjoy his career.

Transportation/Warehousing: These types of careers are expected to see 31.6% growth in job openings this year over last (according to research firm Borrell Associates). Paul Cordy, a Distribution Supervisor at Wegman’s Food Market, believes his placement in this industry is a great fit and utilizes his experience as a Gunnery Sergeant in the Marine Corps.

Engineering: Engineering jobs have historically been very hard jobs to fill, and this continues to be the case. As many engineers prepare for retirement, the industry is experiencing a shortage of qualified applicants. Among the many veterans Orion has placed in this field is Stan Coleman, a former Lieutenant Commander in the Navy, who is now an Engineering Manager at Amway. Coleman directly attributes his success to the leadership skills he developed in the Navy and says they are necessary and invaluable skills for most management level careers.

Sales and Customer Service: According to Careerbuilder, 25% of hiring managers plan on hiring for customer service positions, and 22% plan on hiring sales associates throughout the remainder of 2010. With companies focused on finding new business and raising revenue, sales candidates are important to the bottom line. Craig Fury, Sales Representative with Aardvark Tactical and a former Army Captain, has found success in this arena. After only five months in his new career, he has seen his territory doubled.

Click here to read the original article.

 

 

Orion Recruiter Gives Interview Advice in Military Times Edge article

Bob Berkholz, an Orion recruiter, was recently featured in the article, "Train Like You Interview," in Military Times Edge by Adam Stone. In the article, Bob discusses the value of mock interviews and how to make mock interviews worth the effort. According to Stone, one of the best ways to prepare for an interview is to hold a full dress rehearsal, as interviews are as much about performance as content. By this, Stone means wearing the suit you have chosen, being greeting by a secretary or receptionist, filling out paperwork, and, of course, the actual interview.

Stone turned to Berkholz to give some insight into why this dress rehearsal is important. “[Mock interviews are] an opportunity to learn how to make the interview more of conversation and less of a tennis match,” says Berkholz. By practicing for your interview, you can be better prepared to offer spontaneous answers to unexpected questions and stay focused in a high-pressure environment.

Ultimately, Berkholz gives three tips for staging your mock interview:

• Have a solid opening statement and a ready response to “Tell me about yourself.”
• Dress for success.
• Use the mock interview to learn how to close and gain commitment for the next step in the hiring process.

Click here to check out the article.

Connect with Orion

 

Are you LinkedIn to Orion International's Alumni Group? Our LinkedIn group allows Alumni to keep in touch with Orion and fellow alumni that have been placed through Orion International.  

Click here to join Orion International's Alumni Group today.

 

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