Which industries are hiring?
Consider the growth and decline in several sectors.
Tue Aug 2 2011
Reality: A hiring freeze has left many newbies jobless. Those without an expertise, such as special education, are having an even tougher time finding placement. Overqualified candidates are also working as underpaid paraprofessionals and substitutes, according to Rob McGovern, CEO of networking site Jobfox (jobfox.com).
Outlook: According to the New York State Labor Department, more teachers are enrolling in secondary-education and certification courses. You'll find an increased demand for instructors with experience in adult literacy, remedial education and GED courses, all of which have starting wages averaging around $60K.
Reality: During the recession, health care remained a strong source of hiring. As Tracy Brisson, CEO of life-coaching website the Opportunities Project (opportunitiesproject.com), explains, "In an urban setting like NYC, you have needs created by health problems [caused by] poverty, as well as elective health services for those who can afford them."
Outlook: "Health care is in a solid place, particularly with baby boomers aging," says McGovern. It's expected that more than 3,000 new home health-aide positions will be filled annually for the next several years. Another hot specialty is dental assistanting; the typical salary is $30K a year.
Reality: Even if lucrative Wall Street analyst gigs aren't readily available, McGovern says there's always a need for corporate and personal accountants—a fact corroborated by the most recent stats from the New York State Department of Labor.
Outlook: Roughly 3,170 new jobs are projected annually through 2018. The Department of Labor forecasts employment growth of 15.8 percent for both auditors and accountants—both require a bachelor's degree.
Reality: The New York State Department of Labor's estimates aren't favorable: Only about 400 new jobs are expected in the next 12 months. But learning new skills, such as content management, can help eager writers and editors leverage themselves.
Outlook: "The ability to present information for consumption never goes out of style," says Brisson. "It just has to be applied in new ways—especially for mobile [platforms]." She sees the most growth potential in app design and social-media strategy.
Reality: This field has had a rough few years because of the rocky home-buying market and a glut of commercial real estate. McGovern says there's been a huge drop-off, even in low-wage jobs, such as maintenance and carpentry.
Outlook: That said, this industry is poised to grow thanks to eco-oriented positions: Jim Brown, an NYC labor market analyst, expects a growing demand for engineers and auditors offering green services, who can earn $55K on average.