012411_Downloads_E5_Jan24

012411_Downloads_E5_ - Downloads E5 GM To Export $900 Million In Vehicles Parts To China Under Two-Year Agreement The AP(1/24 reports"General

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Downloads January 24, 2011 E5: GM To Export $900 Million In Vehicles, Parts To China Under Two-Year Agreement. The AP (1/24) reports, "General Motors Co. says it plans to export $900 million in vehicles and parts to China under a two-year agreement signed with its flagship joint venture, Shanghai GM. The agreement was among various trade and investment deals signed in connection with Chinese President Hu Jintao's state visit to the United States." The AP notes, "Vehicle exports will be worth $500 million and components worth $400 million under the agreement. Projected Workforce Shortage May Be Overblown, Research Finds. The Boston Globe (1/24, Woolhouse) reports that some experts have projected that "a shortage of skilled workers with college degrees will create a workforce crisis by the year 2018." However, "a recent paper" from researchers at Northeastern University and Drexel University "calls those predictions overblown," funding that "studies forecasting labor shortages ignore a large and growing number of college graduates who work in low-skill, low-paying occupations. These are the legions of overeducated waiters and waitresses, retail clerks, and receptionists who hold college degrees, a problem known as 'malemployment.'" And "if this hidden college-educated workforce is considered, then looming shortages in occupations requiring college degrees appear less dire ," the researchers argue, noting that "about 25 percent of all employed, college-educated adults in the nation work in jobs that don't require a college degree." Companies Increasingly Looking To Soft Skills When Hiring.
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This note was uploaded on 02/07/2011 for the course IE 131 taught by Professor Groover during the Spring '08 term at Lehigh University .

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012411_Downloads_E5_ - Downloads E5 GM To Export $900 Million In Vehicles Parts To China Under Two-Year Agreement The AP(1/24 reports"General

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