It is Not all Doom and Gloom

As the economy continues to recede, many people are starting to think about their futures more seriously. The unemployment rate in the U.S. is at 6.7% and we are facing the worst job market in the past 15 years. Fortunately, there are still some industries with hiring potential.

One of them is teaching. Many who have lost their jobs are considering retraining and going back to school, thus the interest in degree programs, new certifications, and job training has never been greater. The Labor Department said that the education industry added 9,800 jobs in November and the healthcare industry added 34,000. Furthermore, with an aging population, there is a greater demand for care and health services. "The healthcare industry continues to be the healthiest sector in the U.S. job market," said Diana Fitting, Vice President for a staffing company called Adecco. "The Baby Boomer generation is aging and it's helping to keep healthcare growing." Lastly, as we are entering tax season and financial firms are under intense scrutiny, there is an expected growth in job openings for accountants.

One should not only look in what kinds of jobs are available, but also where. Where you live can make a huge difference in what you earn. Also, when it comes to marketing your degree, it’s all about the location. For example, top locations for physicians are places with high levels of retirement such as Arizona and Florida. Educators can most easily find jobs in Nevada, Arizona, Texas, and Georgia; Lawyers in the District of Columbia, and those with degrees in Finance – in New York.

Even though the economy is not doing well, it is not all doom and gloom.