5/01/2008

3 Industries With Strong Job Growth

IT WAS ONLY a matter of time before the turmoil hitting the credit markets and housing industry started to take its toll on hiring.

During the first quarter, more than 200,000 workers were handed pink slips, according to a survey by outplacement firm Challenger, Gray & Christmas. Among the hardest hit industries, the financial and retail sectors shed 26,719 and 16,608 jobs, respectively. The rockiest region was the West/Southwest with California losing a total of 22,866 positions.

Still, however, we aren't seeing the massive layoffs we experienced after the 2001 recession and the dot.com bust — at least not yet. The unemployment rate sits at a relatively healthy 5.1% (back in 2003, it hit an annual average of 6%) and many industries, including health care and technology, are still hiring, according to Monster.com's (MNST: 24.33, +0.08, +0.32%) March employment survey. Regionally, the top growth markets according to online classified ads, include Pittsburgh, followed by Houston and Dallas.

If you've recently been laid off or are simply looking for greener pastures, here are some industries (beyond health care and technology) that are looking for workers.


Not all professions are prone to pink slips. Here are some fields that are hiring.

Read More...

[Source: SmartMoney.com - Consumer Action

No comments: