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2008 Crystal Ball- Where The Jobs Ain’t.

December 24th, 2007 · 1 Comment

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The second Marketwatch article is all about which industries won’t be hiring as much in 2008.

Again, the obvious subjects are mentioned up front; i.e.: anyone in any field related to the housing bubble. So the hardest industries to get hired in will be:

  • Real Estate
  • Mortgage Broker/Banking
  • Finance and Banking in general
  • Construction
  • Home materials retail and manufacturing
  • Even architects and engineers.

To this list, I would add the following, again, based on the anecdotal evidence I’ve seen this year at and on this blog:

  • Pharmaceuticals and pharmaceutical sales. We’ve seen a lot of layoffs in this industry this year, and the rumors say they’re going to continue.
  • If a recession comes, the first layoffs will be in retail and certain sectors of the hospitality and resturaunt industries.
  • Anecdotally, we’re seeing weakness in the industries that serve Homeland Security. After half a decade of growth, people just seem to have a harder time getting work in these fields. Most positions seem to be filled already, spending in this area seems to have leveled off and there are a ton of qualified veterans leaving the military who are flooding into these industries.

Related posts:

  1. 2008 Crystal Ball- Where The Jobs Are
  2. How To Save Your Job Strategy Summary

Tags: Career Change · Getting Ahead · Job Search · Jobs

  • Aida White