New Job Market Trends

There are two reasons why many people cannot find a job these days. The first reason is that the unemployment rate is increasing. With the national unemployment rate of nearly 10%, it’s easy to say that millions are having a hard time getting a job.

The second reason why getting a job is difficult is that many focus on limited vacancies in various industries. Because of their education and experience, they only focus on the same job and in the same industry. But recession has greatly limited the vacancy of these jobs. That means only a handful can be hired for the job even though there are thousands trying to land in those jobs.

Focusing on the Right Jobs

It’s just a matter of demand and supply: the reason why unemployment is high is because there are too many people looking for the same job that’s already not there. While it’s true that there are a good number of companies who opted to close down for good because of recession, there are also other opportunities opening around the country. Some industries, in the face of recession, are aggressively growing and they constantly need people.

The Online Industry

Even before recession, online business is growing aggressively and it continues to do so even during recession. As more consumers go online to avoid the trouble of going places for shopping, various shopping websites are setting up online stores to cater to the demand. The talent required to build and maintain these websites is always needed. A business needs to have programmers and web developers in order to create and maintain websites that will allow consumers to easily shop online. There are also business-oriented individuals who do not have the exact programming expertise but their knowledge of online business is very valuable.

Government Jobs

Surprisingly, the best way to find a job is to ask the government for vacancies in various departments. It is estimated that nearly 40% of the workforce in the government have retired. That’s a tough vacancy to fill and they are all important since government jobs provide the necessary services for the tax payers. If you’re currently looking for a job, approach your local job board and specifically ask if there’s any vacancy for government jobs. Many of these jobs require at least a bachelor’s degree which opens a lot of possibilities for the fresh graduate.

Green Tech Industry

There are two things the world currently needs: more energy efficient products/service and improved technology. This is summed up in an industry dedicated to both needs. Green tech industry is currently on the rise as more people are seeking ways to save on energy. Aside from reducing energy that might affect nature, the thought of saving money while getting the same service is always appealing.

These are the industries that are currently looking for employees. Instead of focusing on the same job, consider these industries as they are looking for individuals who are willing to dedicate their time and expertise. Of course, the financial compensation will always be part of the benefits.

Editorial Team at Geekinterview is a team of HR and Career Advice members led by Chandra Vennapoosa.

Editorial Team – who has written posts on Online Learning.

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