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Where the Jobs Are
By Marty Nemko for www.martynemko.com
July 2005
Twenty percent of the developed world's employment could be affected by global outsourcing, according to a new study by the Organization for Economic Cooperation and Development. These are not just the sorts of jobs weve already heard aboutfor example, customer service, radiologists, accountants, and programmers--but librarians, statisticians, chemical engineers and even air traffic controllers.
Heretofore, large corporations have been the major outsourcers. For example, the New York Times reported that IBM is laying off 13,000 US and European employees and hiring 14,000 in India. And even a growing number of mom-and-pop operations are turning to places like Sri Lanka, China, Mexico and Eastern Europe, for example, to make clothes, jewelry, and software.
But all is not lost for Americans. According to Joel Kotkin, author of Inc. Magazines Best Places for Doing Business in America, more companies are also homeshoring: seeking workers and suppliers in smaller US cities that arent burdened by the exorbitant taxes, housing prices, labor costs and regulatory hurdles seen in many larger cities. Inc.s Top-10 best places to do business in the US: Reno, NV, Boise, ID, Casper, WY, Green Bay, WI, Medford, OR, Riverside/San Bernardino, CA, Melbourne-Titusville-Palm Bay FL, Missoula, MT, Ft. Myers/Cape Coral, FL, and Jacksonville, FL.
Florida, the state with the most cities on the Inc list has created 250,000 new jobs in the last year. Warren May, spokesman for the state-run Agency for Workforce Innovation says, Professional and business services such as banking and insurance have been leading the jobs growth. And health care services are right up there because of Floridas large senior population, and there has been a remarkable turnaround in manufacturing. Floridas unemployment rate: 4.4 percent.
And Florida doesnt even have the nations lowest rate. According to the US Bureau of Labor Statistics, these do: Wyoming (2.9%), Hawaii (3.0%), Virginia (3.0%), North Dakota (3.3%) and South Dakota (3.7%).
The Bureau of Labor Statistics provides support for Inc. Magazines assertion that jobs are moving from the major cities. The cities reporting the highest percentage job growth in the past 12 months: Yuma, AZ (+10.8 percent), St. George, Utah (+9.6%), Las Vegas/Paradise NV (+7.4%), Coeur dAlene, ID (+6.9%), Blacksburg-Christiansberg-Radford VA (+6.4%) and Mt.Vernon-Anacortes, WA (+5.8%). Among large cities, the worst performer was Detroit (-1.1%.)
The counties showing the largest percentage of job growth are: Rutherford, TN (+9.2%), Clark, NV.(+7.4%), Riverside, CA (+7.2%) Elkhart, IN (+6.8%), Montgomery, TX (+6.6%), Lee, FL. (+61.%), Prince William, VA (+5.8%), Washington, Utah (+5.3%), Loudoun, VA (+5.3%), and Sarasota, FL (+5.1%.)
Of course, even if you move to a hotspot, the job market will be stronger in certain fields. Here are the nationwide biggies:
for entire article:
http://www.martynemko.com/pub/articles/wherethejobsare.shtm
By Marty Nemko for www.martynemko.com
July 2005
Twenty percent of the developed world's employment could be affected by global outsourcing, according to a new study by the Organization for Economic Cooperation and Development. These are not just the sorts of jobs weve already heard aboutfor example, customer service, radiologists, accountants, and programmers--but librarians, statisticians, chemical engineers and even air traffic controllers.
Heretofore, large corporations have been the major outsourcers. For example, the New York Times reported that IBM is laying off 13,000 US and European employees and hiring 14,000 in India. And even a growing number of mom-and-pop operations are turning to places like Sri Lanka, China, Mexico and Eastern Europe, for example, to make clothes, jewelry, and software.
But all is not lost for Americans. According to Joel Kotkin, author of Inc. Magazines Best Places for Doing Business in America, more companies are also homeshoring: seeking workers and suppliers in smaller US cities that arent burdened by the exorbitant taxes, housing prices, labor costs and regulatory hurdles seen in many larger cities. Inc.s Top-10 best places to do business in the US: Reno, NV, Boise, ID, Casper, WY, Green Bay, WI, Medford, OR, Riverside/San Bernardino, CA, Melbourne-Titusville-Palm Bay FL, Missoula, MT, Ft. Myers/Cape Coral, FL, and Jacksonville, FL.
Florida, the state with the most cities on the Inc list has created 250,000 new jobs in the last year. Warren May, spokesman for the state-run Agency for Workforce Innovation says, Professional and business services such as banking and insurance have been leading the jobs growth. And health care services are right up there because of Floridas large senior population, and there has been a remarkable turnaround in manufacturing. Floridas unemployment rate: 4.4 percent.
And Florida doesnt even have the nations lowest rate. According to the US Bureau of Labor Statistics, these do: Wyoming (2.9%), Hawaii (3.0%), Virginia (3.0%), North Dakota (3.3%) and South Dakota (3.7%).
The Bureau of Labor Statistics provides support for Inc. Magazines assertion that jobs are moving from the major cities. The cities reporting the highest percentage job growth in the past 12 months: Yuma, AZ (+10.8 percent), St. George, Utah (+9.6%), Las Vegas/Paradise NV (+7.4%), Coeur dAlene, ID (+6.9%), Blacksburg-Christiansberg-Radford VA (+6.4%) and Mt.Vernon-Anacortes, WA (+5.8%). Among large cities, the worst performer was Detroit (-1.1%.)
The counties showing the largest percentage of job growth are: Rutherford, TN (+9.2%), Clark, NV.(+7.4%), Riverside, CA (+7.2%) Elkhart, IN (+6.8%), Montgomery, TX (+6.6%), Lee, FL. (+61.%), Prince William, VA (+5.8%), Washington, Utah (+5.3%), Loudoun, VA (+5.3%), and Sarasota, FL (+5.1%.)
Of course, even if you move to a hotspot, the job market will be stronger in certain fields. Here are the nationwide biggies:
for entire article:
http://www.martynemko.com/pub/articles/wherethejobsare.shtm