April 7, 2014: The same old story about cyberhacking
And welcome to the Early Shift. Our own bracket was busted long ago, but it seems the stars are aligning for the Kentucky basketball addict who got the following tattooed on him weeks ago, long before the eighth-seeded Wildcats began their run to the championship game:
That’s called prescience. One more win to go, Super Fan!
But since there aren’t any UK or UConn grads in the Alliance for American Manufacturing (AAM) office, we’ve got plenty of time to read up on manufacturing and economic news. So: What’s happening out there in the world?
Cyber-attacks against American targets that originate in China remain a serious concern for Secretary Chuck Hagel and the Department of Defense, reports the New York Times. But at the end of the day:
Most continue to be aimed at stealing technology and other intellectual property from Silicon Valley, military contractors and energy firms. Many are believed to be linked to cyberwarfare units of the People’s Liberation Army acting on behalf of state-owned, or state-affiliated, Chinese companies.
‘To the Chinese, this isn’t first and foremost a military weapon, it’s an economic weapon,’ said Laura Galante, a former Defense Intelligence Agency cyberspecialist.
We warned as much last year: Until our favorable economic policies toward China change, don’t expect China’s belligerent behavior to change either.
ICYMI: A cool column in this weekend’s Washington Post about — fancy that — job training provided by a manufacturing employer. Read all about Wright Manufacturing of Frederick, Maryland, who shows you how it’s done.
And lastly: Back we go to the Post for a longer-form look at the landscape traversed by today’s job seekers:
This is the way an economy recovers. Sometimes Wal-Mart opens one new store and 23,000 people submit applications. Other times, as hiring confidence goes up — as the economy last month added 192,000 positions — recovery looks more like ... a puzzle of mismatched statistics in which qualified workers can’t find jobs, and jobs can’t quite find qualified workers.
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