Progress and Labour Market

Jun 15
17:49

2006

Denis Glover

Denis Glover

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There are a lot of things to consider when one graduates. Future plans should be carefully made up and discussed with those whom you trust. Labour market is changeable and unpredictable. Here are the things that will be helpful.

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If you are young and have already graduated from the school,Progress and Labour Market Articles you might be interested what career path you should take. One should, be informed in today’s highly competitive and volatile world about current condition in the labor market as well as the trend of the future.  You might be surprised but demography is the key to the answer what types of jobs will be popular tomorrow. Recently with dot-com boom everything was quite simple- the demand on computing specialists was rising rapidly and many young graduates choose this career path just because there were some ground to believe that the internet companies would be profitable business  in the future. It is a profitable business right now; however, initial estimations of the profitability were false which led to the bankruptcy of many of online companies. However some of the trends in the labor market can be easily explained. If the population of the United States is ageing as it does, than the demand on the medical specialists will be rising.

The shifting from good produced to service producing economy has been continuous trend in the United States for the last fifty years. Certainly the United States is not the only country that experiences this process.  This process is common for all major industrial countries, without exception. According to the United States department of labor, education and health services will be growing much faster than other ones (http://www.perseus.tufts.edu). As has been mentioned earlier the rising in the health care sector is largely due to the increase in the number of ageing persons in the United States, but how can one explain simultaneous rise in the educational service if the population is ageing? The answer lies in the demographical as well as social factors. Women are entering labor force much quicker than they have ever dome it before, that is why the demand for the childcare will be rising; moreover more and more young men would like to enter the Universities after their graduation of the secondary schools. The demand on private educational service will continue to rise.

Business and professional services will rising as well. According to statistical projections it will be one of the fastest growing sectors in the economy.  Those who have some management qualifications as well as those who are employed in employment services will feel the rising demand on their services.  How these employment services will able and able now to help numerous clients to find the job? The answer lies in the fact that they are able to assist their customers in composing and writing resumes- vital tools to get any high-paid jobs in today’s competitive world. Whether you are a student or a sales person-you require student resume as well as sales representative resume in order to impress your potential employer -these companies are able to help you to make your dreams come true.