A Job Boom Is Coming
This might be hard to believe, but according to article in September issues of Business 2.0, a job boom is coming in the next year or two. So yes, we should all forget those grim unemployment numbers. NOT! We can thank the baby boomers for our good fortune.
The cause of the labor squeeze is as simple as it is inexorable: During this decade and the next, the baby boom generation will retire. The largest generation in American history now constitutes about 60 percent of what both employers and economists call the prime-age workforce–that is workers between the ages of 25 and 54. The cohorts that follow are just too small to take the boomers’ place. The shortage will be most acute among two key groups: managers, who tend to be older and closer to retirement, and skilled workers in high demand, high-tech jobs.
The article goes on to state that the 10 fastest growing occupations through 2010 are in high-tech and medical fields. No real surprise here. Specifically, they include: medical assistants, systems analyst, personal and home care aide,
database administrator, desktop publisher, network systems and administrator, systems software engineer, support specialist, and software engineer. Too bad I’m not interested in any of those jobs. Oh well!
Finally, the article also goes on to list the cities were the jobs are growing: Las Vegas, Orlando, West Palm Beach (FL), Ft. Lauderdale (FL), Riverside (CA), Phoenix, Jacksonville (FL), Tampa (FL), Raleigh-Durham (NC), Sacramento (CA), Austin, Charlotte (NC), Atlanta, San Diego, Washington, Dallas, Oakland (CA), Miami, Denver, and Orange County, CA. Hmmm. Too bad I don’t want to live in any of those places. Oh well. As least more people are starting to talk about a recovery. This non-recession has gone on way too long.