Posted by Brian McCullough
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
- 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 ResumeWriters.com 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.