“Addressing complex challenges such as disaster response, national and homeland security, and economic stability requires a high-quality federal workforce able to work seamlessly with other agencies, levels of government, and across sectors,” the report said.“However, current budget and long-term fiscal pressures, coupled with a potential wave of employee retirements that could produce gaps in leadership and institutional knowledge, threaten the government’s capacity to effectively address these and many other evolving, national issues,” it added.
The full text of the GAO report (34 pp) can be found here.
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CUTS IN RELIEF re H. SANDY
Here is one take on what mandatory cuts to FEMA would do to harm victims of H. Sandy, who have just begun to get needed relief from storm damage.
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FULL EFFECTS OF SEQUESTER: More details about the economic risks are in this Report on Sequestration by House Appropriates Committee Democrats; Feb. 13, 2013.report on by the House Democrats. The full text of the 36 page report is here: House Apporps Den Sequestration full report Feb 13,
Additional citations, thanks to the Homeland Security Digital Library, on Feb. 15.

Are we producing too many emergency management and homeland security graduates with few job opportunities? Where are all the jobs? Maybe this is a regional concern instead of a national one.
I think the issue of supply and demand for professional EM workers already is a issue.
If major cuts happen at DHS then the demand will drop off rather quickly. The supply side probably will be slow to adjust.