Tag Archives: recession

U.S. Credit Rating Downgrade: A Dead Serious Wake-Up Call!

  For U.S. policymakers, what happened on the 5th of August 2011 was a power punch thrown at them by Standard and Poor's (S&P) in a form of a downgrade for U.S. sovereign debt from triple A (AAA) to double A+ (AA+) rating. The said downgrade obviously gave the technorats a “tickling feeling” causing them to panic and get out of their awesome cubicles to explain any cloud of doubts and obscurities on the country's present economy. The said downgrade issuance was quite a surprise to them as seemingly there had been exchanges of communications prior to the announcement between … Continue reading U.S. Credit Rating Downgrade: A Dead Serious Wake-Up Call!

The Saga Of An Underemployed Immigrant: A Quest for Her Dream – Tips and Thoughts On The Impact Of The U.S. Bleak Job Scenario

Two months ago, I met Ana from Bulgaria in one of the mentor-mentee training sessions organized by a non-profit organization dealing with employment related issues. Ana has been here in the U.S. as an immigrant for 4 years now and is still looking for a “good” job in a dynamic city like NYC. I would say Ana is both academically competent and functionally well-equipped. She obtained her PhD in engineering and held senior technical job positions in the same and related fields in her homeland for many years. Her work experience is exceptional and she speaks German, English and her … Continue reading The Saga Of An Underemployed Immigrant: A Quest for Her Dream – Tips and Thoughts On The Impact Of The U.S. Bleak Job Scenario