This Week's Herman Trend Alert Demand-Driven Workforce Development

The Herman Trend Alert November 21, 2007 Global Movement of Students Increasing Founded in 1919, the Institute of International Education (IIE) is an independent non-profit organization and a world leader in the global exchange of people and ideas. IIE administers over 200 programs serving more than 20,000 individuals each year. Just last week, the Institute released its annual study on international students in the United States. Called "Open Doors 2007", this study reflects an interesting development---the fact that the number of foreign students enrolling in US colleges and universities has rebounded from its depressed level when the country began to make attending school here so much more difficult. This uptick is the first significant increase in total international student enrollments since the 2001/02 school year. Of the top four countries of origin, India, China, South Korea, and Japan, India is the run-away winner at 10 percent, though 43 percent of all students were born in these countries. New international enrollment---students enrolling for the first time at an institution starting Fall 2006---increased 9.97 percent from the previous year. Total foreign student enrollment increased by 3 percent to a total of 582,984, while new enrollment was up by an impressive 10 percent. There were strong increases from the top three sending-countries: India was up 10 percent, China up 8 percent, and Korea was up 6 percent. It is not surprising that Business and Management is the top chosen field of study. Additionally, the U.S. Department of State Bureau of Consular Affairs reported the number of student and exchange visas issued in FY 2007 rose 10.2 percent year over year. International students contribute approximately USD$14.5 Billion to the US economy, through their expenditures on tuition and living expenses. Once again, we have evidence to support Thomas Friedman's famous book, "The World is Flat". These developments are simply a few consequences of the far-reaching effects of globalization on our societies. Another important factor has been the decline of the US dollar against other currencies, making college tuition paid in foreign funds that much more affordable. Expect to see even greater increases next year, as a US undergraduate education, highly rated abroad, becomes even more reasonable. © Copyright 1998-2008 by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." DON'T BE LEFT BEHIND! If you've been thinking about attending our valuable Employee Retention Specialist Certificate Program, don't delay--only three spaces remain. With the employment market heating up, many positions are literally impossible to fill. Attend this course and you will learn dozens of low-/no-cost valuable strategies to attract and retain the talent you need. Recertification credit from HRCI. Next program: May 22-23, Charleston, SC. Call Carol at 336-282-9370 or visit http://www.employeeretentionspecialist.com. GET INSIDE THE MINDS OF YOUR EMPLOYEES Find out what's really going on inside the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-648-1918 or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html. NEW BABY BONUS Book Joyce to speak on the West Coast in 2008 and receive 100 of her books of your choosing. There is a new baby in the family, Spencer Jay, and Joyce would appreciate more opportunities to watch him grow. For more about Joyce, visit http://www.hermangroup.com/joyce.html or call Joyce at 336-210-3548. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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