Saturday, March 27, 2010

Where the Jobs Will be Found in the Next Four Years

The March 29th issue of Time Magazine has an article,“JOBS, Where They Are and How to Find Them by Barbara Kiviat. It describes the following:

WHERE THE JOBS WILL AND WILL NOT BE FOUND

  • TEXAS Population growth and steady home prices will set the stage for new jobs.

  • WEST – Job gains will seem robust partly because the losses were so severe during the recession.

  • NORTHEAST – Finance employment has not fallen as much as was feared, so there are fewer jobs to add back.

  • RUST BELT – Manufacturing continues to decline. Green tech is looked to as a savior.

NUMBER OF UNEMPLOYED PEOPLE PER JOB OPENING IN INDUSTRY

  • Education and Health 2.3

  • Government 2.3

  • Professional and Business Services 3.5

  • Information 3.8

  • Financial 4.0

  • Wholesale and Retail Trade 6.4

  • Leisure and Hospitality 7.2

  • Manufacturing and Nondurable Goods 7.5

  • Transportation and Utilities 11.3

  • Oil and Gas Extraction and Mining 14.2

  • Manufacturing of Durable Goods 16.0

  • Construction 34.8

Metro areas expected to increase annual growth in employment over the next 4 years by over 3% include:

  • Austin, TX
  • Dallas, TX
  • Riverside, CA
  • Las Vegas, NV
  • Nashville, TN
  • Atlanta, GA
  • Tampa, FL
  • Orlando, FL
  • Charlotte, NC
  • Raleigh, NC

Those projected to increase annual growth in employment by 2% - 3% include:

  • Columbus, OH
  • Indianapolis, IN
  • Kansas City, KS
  • Memphis, TN
  • Birmingham. AL
  • Oklahoma City, OK
  • Baltimore, MD
  • Washington, DC
  • Virginia Beach, VA
  • Jacksonville, FL
  • Miami, FL
  • Houston, TX
  • San Antonio, TX
  • Phoenix, AZ
  • Tucson, AZ
  • Salt Lake City, UT
  • Seattle, WA
  • Portland, AZ
  • Sacramento, CA
  • San Francisco, CA
  • San Jose, CA
  • Los Angeles, CA
  • San Diego, CA

WHAT JOBS WILL BE ADDED AND SUBTRACTED IN THE NEXT 4 YEARS

EDUCATION AND HEALTH +1.2M

  • Educational Services –42,000

BUSINESS

  • Professional, Scientific, and Technical +1.1 million

  • Real Estate +135,000

  • Finance and Insurance +44,000

  • Management of Companies –63,000

  • Retail – Motor Vehicles +116,000

  • Retail – Food and Beverage –13,000

  • Retail Gasoline –111,000

DURABLE GOODS MANUFACTURING

  • Transportation +395,000

  • Machinery +164,000

  • Wood Products +162,000

  • Computers and Electronics +89,000

  • Primary Metals +83,000

  • Furniture and Related Goods +68,000

NONDURABLE GOODS MANUFACTURING

  • Food +59,000

  • Paper and Paper Products +24,000

  • Chemicals +22,000

  • Beverages and Tobacco -9,000

  • Petroleum and Coal Products -9,000

  • Apparel -19,000

  • Printing and Related Support -44,000

LEISURE AND HOSPITALITY

  • Accommodation and Food Services +522,000

  • Arts, Entertainment, and Recreation +74,000

OTHER

  • Construction +685,000

  • Transportation and Warehousing +600,000

  • Publishing -14,000

  • Utilities -32,000

GOVERNMENT

  • State and Local +439,000

  • Federal -123,000

NATURAL RESOURCES

  • Logging +9,000

  • Mining -50,000

    Source: IRS Global Insight – projections are based on a large scale macroeconomic model of the US, its regions, and its industries.


E-Cover Letters and More


  • Electronic cover letters are used in the body of e-mails when you send your resume and cover letter as an attachment.

  • Electonic cover letters should be brief, to the point, written in bullet style format, and generally sent in response to a specific advertisement or posting.

  • You have less time than in a traditional cover letter to catch the attention of the reader.


  • Your e-mailed cover letter must capture your unique qualifications, highlight your most significant accomplishments, and request an interview.

Tips for making your e-mail cover letter work:


  • Use the e-mail subject line to let employers know your reason for contacting them. Mention the title of the position and your subject line or referred by Tom Sullivan for the position of regional sales manager. Resume of Jim Thornton, Sales Manager, referred by Tom Sullivan.

  • Bulleted cover letters often work best because they are easier and faster to read.

  • Do not include the employer or recruiter’s full mailing address. Use only Dear Mr. Green.

  • Make sure that your spelling, grammar, and punctuation are correct. Your e-mailed communication sets the tone and is your first impression. Don't ruin your chances!

  • In response to an advertisement, you may address salary history, salary requirements, ability to relocate, citizenship or residency status, foreign language skills, and technology proficiency questions.

  • You may include your longer cover letter in the body of a file with the resume that you are sending as an attachment.

  • Be aware that it is very easy to automatically delete e-mailed communications.

  • When possible, follow up, with a hard copy of your resume mailed to the employer or recruiter.

  • Follow up by telephone to make sure that the attached resume was received and read. Sometimes e-mailed resumes can be caught in spam filters. This is a good reason to make that follow up phone call. At the same time, you can try to arrange a meeting.