Job Horizons
Jalbritton@ccgmag.com
EXPERTS PREDICT JOB GROWTH
HOT JOBS IN HEALTH CARE AND INFORMATION TECHNOLOGY
As 2010 begins, the consensus of opinion among economic experts is that the economy is finally beginning to pull out of the worst downturn since the Great Depression. Since the current recession began in December of 2007, nearly 2.5 mil- lion job have been lost. The Federal Reserve’s estimate for the unemployment rate for 2010 is between 9.3 and 9.7 percent, which is a slight improvement over current figures. Recent trends fall between those two numbers. The unemployment rate in October was 9.5 percent—up from 6.1 percent in October of 2009. Other indicators were clearly down in 2008. Retail, warehouse and farm spending dropped 41 percent. Private office construction fell 39 percent.
Across the country, economic trouble spots are common and widespread. Fifteen metro areas recorded job loss rates of at least 15 percent. Of the largest 281 metro areas in the United States, 193 of them lost jobs. 138 areas recorded unemploy- ment rates above the national average. The city of Grand
48 HISPANIC ENGINEER & Information Technology | 2010
Junction, Colorado, saw the largest decline, losing 5.2 percent of its jobs. Certain regions of the country, however, managed to fare better than the country as a whole. Merced, Califor- nia, for example, gained 2.7 percent more jobs from July to October 2009, the highest in the nation in that time-frame. Merced is followed closely by Morgantown, West Virginia; Dubuque, Iowa; Wilmington, North Carolina; and Vineland- Millville-Bridgeton, New Jersey, all of which gained more than two percent.
There are many upcoming promising projects that have the potential to boost employment prospects for communities around the country. The German company Wilh. Shulz GMBH, a world wide producer and supplier of piping equipment, recently chose Tunica County, Mississippi, as the location of a $300 million dollar facility. Mississippi Governor Haley Barbour recently predicted that the project would bring 500 jobs to the area. A new facility called the Crooked Road Tech Center
www.hispanicengineer.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56