Ocean Engineer Salary

Economic problems stubbornly linger

By historical standards, that should be a milestone signifying robust economic expansion and strong job gains, especially in light of the severity of the Great Recession , which officially ended in June 2009.

But instead of mimicking dramatic turnarounds that followed similarly bruising downturns in the 1970s and 1980s, the upswing looks more like the modest rebounds after milder recessions in the early 1990s and 2001. Like the recent slump, those were tainted by credit crises that gummed up critical gears of the economy.

Last week's economic news — below-forecast economic growth and a weaker-than-expected improvement in consumer spending in the first quarter — raises inevitable questions about whether the economy's halting comeback has hit another speed bump.

"We're two years into a recovery, and everybody's yelling, 'Are we there yet?'" says Wells Fargo economist Mark Vitner. "You should be putting the recession behind you and talking about where growth is coming from. Instead, we're still dealing with residual problems from the recession."

Several key sectors are enjoying a strong rebound, particularly manufacturing, exports and business investment in equipment and software. The Standard & Poor's 500-stock index is up 43% the past two years on record corporate profits. But consumer-related areas that typically drive recoveries are lagging. Home building remains dismal, while consumer spending is improving only gradually.

According to a Pew Charitable Trusts poll released this month, 55% of Americans still rate the national economy as poor, though that's down from 73% two years ago. Only 47% believe their kids will have a higher standard of living than they enjoy, down from 62% in 2009.

All of the economy's bright spots show some tarnish. Corporate earnings are at record levels, but much of the growth is overseas, and efficiency gains have allowed companies to limit hiring. Small businesses are posting better sales, but many can't get loans to expand, says Ami Kassar, CEO of MultiFunding, a loan adviser for small businesses. Consumers are opening their wallets wider, but they're constrained by 9% unemployment, still-heavy debt and high gasoline prices.

Even the well-heeled aren't cutting loose.

Career Oppourtunities in Ocean Enginnering

Due to lack of skilled professionals,there are immense oppourtunities in ocean enginnering.How to become Ocean engineer and what kind of oppourtunities are available. If you like ocean atmosphere and want to make technical career in ocean engineering.Due to its uniqueness as compare to the other fields , this field is very much in demand in youth. Ocean engineer is the leader of all enginners.People with leadership ,management skills are required in this field.The mininmum starting salary per month is 30-35 thousands and maximum is no limit.Companies like Reliance petroleum, B.P are the requiters.But there is lack of skilled proffesionals in this proffession, there are lots of work and money oppourtunities for the young ones who want to make their career in this field.

Oil and natural gas companies off-shore drilling establishments have also created a lots of demand for this career. Young -ones with the skilled professionals can further opt for design, counstruction, marketing, regulation, surveying, research and deveolpment.

Career opportunities in engineering

Mariner's employment guide

New Scientist

Handbook of Coastal and Ocean Engineering

Civil engineering ASCE.