Saturday, April 17, 2010

Looking for a job?

So if you are looking for a job now or expect to be doing that anytime within the next five years this little graph will be of some interest. This is an overview of the industries where the jobs are expected to be over the next 5 years.

A few interesting points.

1) Don't apply for anything in Manufacturing - that looks like a major disaster zone - with negative growth of 7.3% per annum - it's still shedding a lot of staff.

2) If you are unskilled or semi skilled then the only area that looks like generating any real growth is Construction - projected to grow at 24% per annum - get a trade qualification and start looking there.

3) Forget Mining - jobs growth there will be around 5.6% per annum and Mining employs few people.

4) Those folks who thought that the Real Estate industry will be their saviour will have to be satisfied with growth of 2.4% per annum.

5) The IT Industry confirms its death with projected growth of just 3.9% per annum.  Probably below inflation.

6) The other real opportunities are with Health, Education, Scientific and Technical Services, Retail Trade and Accommodation and Food Services where growth is expected to be between 15.8% and 42.3% per annum.

So if you want to work in a high growth area your choices seem to be pretty clear:

* Join the public service and work in Health or Education - high growth but low pay and no autonomy.

* Become a servant and work in Retail or Accommodation or Food or as a tradie in construction.

Personally, none of this appeals - I wonder where all the high value and high quality work is? Obviously not in AU.

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