Where Should You Be Looking for Work?

If you are not acquainted with the University of Toronto’s Richard Florida I advise your learning about him.  He’s an economist that regular people, me for instance, can actually understand.  In his new book, The Great Reset: How New Way of Living and Working Drive Post- Crash Prosperity, he writes the following:

The United States will add 15.3 million new jobs between 2008 and 2018, according to projections by the Bureau of Labor Statistics.  Nearly all of that growth – 13.8 million new jobs – will occur in creative and professional jobs on the one hand, and service, administrative, and clerical jobs on the other, which are projected to add 6.9 million new jobs each.  Working-class jobs will grow by 1.5 million overall, but most of that growth will be concentrated in construction and transportation.  The U.S. economy will shed another 349,000 production jobs, the blue-collar factory jobs that were the mainstay of the industrial economy.  And employment in manufacturing industries broadly will decline by 1.2 million jobs, as the so-called goods-producing sector of the economy continues to fall from 17.3 percent in 1998 to 14.2 percent in 2008 and 23.9 percent by 2018.

He also quotes Mort Zuckerman, the editor in chief of US News and World Report as writing, “If there is any growth in jobs, it will come mostly from healthcare, education, restaurants and hospitality services…. Healthcare alone made up all the net jobs created in the last decade… Such service jobs cannot, however, support growth and innovation.”

So if you are looking for a new career, keep this in mind:  Sometimes statistics don’t lie!

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