The December 2022 issue of IEEE Spectrum is here!

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Unemployment in the United States is rising as the current recession cuts deeper than past downturns. Some key technology sectors are certainly feeling a share of the pain, but through 2008, their situation wasn’t all that bad when compared with unemployment in previous recessions or even in other economic sectors.

In the first quarter of this year, however, high-tech unemployment spiked dramatically compared to 2008. If extrapolated for the full year, 2009’s totals would be the highest in six years, although still only half that for 2001.

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Asad Madni and the Life-Saving Sensor

His pivot from defense helped a tiny tuning-fork prevent SUV rollovers and plane crashes

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Asad Madni and the Life-Saving Sensor

In 1992, Asad M. Madni sat at the helm of BEI Sensors and Controls, overseeing a product line that included a variety of sensor and inertial-navigation devices, but its customers were less varied—mainly, the aerospace and defense electronics industries.

And he had a problem.

The Cold War had ended, crashing the U.S. defense industry. And business wasn’t going to come back anytime soon. BEI needed to identify and capture new customers—and quickly.

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