The Desk

November 28, 2012

What’s Happening in the World of Jobs

Filed under: Job Search — Yvonne LaRose @ 12:09 AM
Tags: , , , , ,

What sort of shape are we in with regard to the jobs market? That, my friends, is the $64,000 question. Actually, according to a two-year study conducted by CareerBuilder and Economic Modeling Specialists (EMSI), things have been on a constant uptick. “The 10 US Cities with the Best Job Growth Right Now” was published by Business Insider.com on October 26, 2012. Although they talk about the ten cities rich in jobs, these are also the sites of more than ten industries benefiting from the growth.

Which jobs are we talking about? Houston, for example, realized a 6% growth since 2010 in “growing sectors such as energy with oil and gas, transportation with increasing air traffic and the port of Houston with booming export activity, and health care.” It’s expected to have an additional 2.5% increase in jobs next year. Business Insider attributes this phenomenal surge to the diverse Houston economy.

San Jose “is known as “the capital of Silicon Valley” and has a large concentration of tech-related jobs in high-technology engineering,” It’s experienced the highest amount of job growth in the past two years – 7%. What we need to keep in mind here is that although the report talks about the greatest number of jobs contributing to the growth spurts, there are related jobs that require associated talents and knowledge as well as supporting positions, plus the steadfast positions that will require additional personnel because there are simply more people who need to be served.

Which are the other eight cities discussed in this study? Austin, Texas (also showing a 6% increase in tech jobs) as well as Detroit, Michigan (5% in industrial jobs). You’ll be surprised at which industries are fueling Denver’s 5% growth. Raleigh, Oklahoma City, and Dallas are still essentially single industry cities. San Francisco is still out front in technology. But who would think of Phoenix when it comes to high growth even with its being the largest producer of copper and as technology advances, the mining industry. “It’s producing more high-wage jobs.”

However, on November 8, Groupon announced it will be laying off 80 people from its 10,000 workforce. News reports attribute the workforce cuts to falling earnings profile. This will amount to 600 overall reduction in a six-month period. It’s ironic that when you examine Groupon‘s profile on LinkedIn, you find various blog posts, the first of which talks about tips for small businesses hiring employees. This story should serve as an example that job seekers (and in some instances, customers) and investors should do their research before convincing theirselves that the company is everything they would wish for in a business.

A perennial when it comes to hiring, Target is seeking more than just seasonal contract workers. It’s casting its net far in order to fill jobs created by their expansion across the nation.

Also hiring is McDonald’s which plans to add 100,000 restaurants across the nation.

You may be thinking to yourself that all of this doesn’t reach to those over 50 or professionals who are still in the job market. The news is that this new spurt of hiring and jobs is casting a wide net. In fact, you should visit RetirementJobs.com to get a sense of what’s out there, whether you’re a job seeker or a recruiter who wants to find someone with some seasoned experience.

It’s a user friendly site. In fact, it was refreshing to see articles that consider semi-retirement work, how to finally start that business you always dreamed of as your own entrepreneurship, and many other aspects of job search creativity.

The bottom line is that jobs are definitely being created. While it doesn’t feel as though I’ve shared a lot with you in terms of company names, we have talked about industries and locations. What I would advise is to dust off your networks and find out who knows who, then go out and meet them. That opportunity may be three phone calls and a meeting away!

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2 Comments »

  1. You can find a list of confirmed Target Store openings in Canada via the July 12, 2012 The Star news release. According to The Gather, Target will begin its expansion in Canada with a lower presence in new stores across the U.S.

    As to McDonald’s, according to the China Digital Times, the company will open 700 stores according to 2012 reportage (April 29, 2011 9:22 PM). In keeping with the adage “Know your audience,” McDonald’s will also be opening vegetarian stores in India (September 7, 2012) and one veggie only restaurant according to the September 7, 2012 issue of the New Zealand Herald.

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    Comment by Yvonne LaRose — November 28, 2012 @ 1:49 PM | Reply

  2. […] What’s Happening in the World of Jobs. […]

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    Pingback by What’s Happening in the World of Jobs « The Desk — November 28, 2012 @ 12:15 AM | Reply


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