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Pockets of Prosperity
| Guest post by: Joyce Gioia |
Article Overview: Wwe have millions of people who are perfectly trained and qualified to handle jobs that no longer exist. In spite of these challenges, there are “Pockets of Prosperity."
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Pockets of Prosperity
No one knows exactly how many people the United States
Bureau of Labor Statistics (BLS) has decided are “no longer looking for work”.
That is important, because the unemployment rate is calculated, based on the
number of people actually looking for work. As we have said so many times, we
have millions of people who are perfectly trained and qualified to handle jobs
that no longer exist.
In spite of these challenges, there are “Pockets of
Prosperity."
Not too long ago, Deloitte and Touche reported that there
were 5,000 open jobs in the manufacturing sector. Having industrial skills
makes you very employable today. In a recent study issued by the Society of
Human Resource Management (SHRM), 68 percent of employers said that they
experienced a shortage of “qualified new hires” to replace people retiring from
the skilled trades (electricians, carpenters, welders). There are also
increases in industrial hiring in logistics, supply-chain management, and plant
management.
“Life Sciences and Biotech” is another pocket of prosperity.
Big Pharma as well as biotech start-ups are hiring. Experts expect an up to 40
percent increase in job openings for research scientists between now and 2018.
We have also noted before a significant lack of professional
salespeople. In the past, selling was close to being a recession-proof career;
this prolonged recovery has been no exception. According to 72 percent of
SHRM’s responding employers, they cannot find enough good salespeople.
Moreover, accountants and finance professional are in short
supply. Around the world, demand for accountants, particularly forensic
accountants and compliance specialists, has been growing steadily. Colleges and
universities are simply not graduating enough accounting and finance majors to
fill the open positions. The SHRM survey found that 54 percent of employers
would hire more accountants and financial people---if they could find them.
Discount retailers are in one of the few categories that has
“flourished during this recession". Most of these retailers looking to
hire managers, as well as in-store personnel.
Finally, private equity firms are “actively seeking
management talent for their portfolio companies---across all industries and all
functional areas". If you have the experience and a track record, you will
be in-demand.
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Article Tags: career, Gioia Herman Group, unemployed
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About the Author: Joyce Gioia RSS for Joyce's articles - Visit Joyce's website Click here to visit Joyce's website   Social Media and Social Change FlexibilityIncreasingly Important Benefit Increasing Numbers of Women Graduates Global Employee Engagement Declining 2011 WorkforceWorkplace Forecast |
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