Last time, we considered where job seekers or those looking to make a career transition might look for an industry with huge upside. But there are plenty of industries staring at a steep downside right now, as well, and it can be just as important to know where not to look for a job right now. It’s also worth considering if your own field is topping the not-hot job lists right now.
The Department of Labor has targeted 10 careers it expects to have the largest wage and employment declines through 2018. According to the government, department stores, topping the list, are likely to have lost 159,000 jobs between 2008 and 2018. That’s 10 percent of the industry! Right behind them are semiconductor and other electronic component manufacturers, with a staggering one-third of jobs projected to be lost in that same time period. Auto parts manufacturers, postal workers, printers, sewing-apparel providers, newspaper employees, miners, gas attendants and wired-telecom workers are all expected to take a huge hit
Besides fair warning for anyone considering those fields, the news is bound to mean anxiety for anyone currently in those fields. Yahoo! Hotjobs’ Margaret Steen has some advice.
What should you do if your industry is on this list? First, don’t panic. The job declines in these industries are projected to take place over a decade. And many jobs—a majority in most of these industries—will remain even after 10 years.
Still, it’s good to start thinking about Plan B. Build your savings and start researching what other industries might be able to use your skills. If you’re nearing retirement and had been planning to move into a different field, you might want to make the move earlier. And if you have many years of work ahead of you, you should consider seriously whether it’s feasible for you to stay in your industry for the long term
When thinking about careers to avoid,there’s also careercast.com’s list of 10 worst careers for 201. Since most people probably aren’t even sure what a “roustabout” is (an oil rig or pipeline worker), there’s very little chance of accidentally winding up with the survey’s top worst job. Lumberjack, ironworker, dairy famer, welder, garbage collector, taxi driver, construction worker, meter reader and mail carrier rounded out the list
One of those fields in particularhas been making the news lately, and not in a good way. Just last week, Peter L. Mosca of realtytimes.com reported that:
For the first time since the start of the economic downturn, every state and the District of Columbia reported losing construction jobs over the past twelve months, according to a new analysis of state-by-state employment data released by the Associated General Contractors of America. The research found few signs of a construction industry recovery with only six states reporting construction job increases between November and December 2009
The online ad research and consulting firm Borrell Associates made their projections for best and worst industries for job openings in 2010, and they had grim news for the retail industry, which they expected to grow a meager 1.3 percent. The outlook for federal government jobs and financial services was even worse, with projected losses of 3 percent of jobs and 12 percent of jobs, respectively.
Finally, if all this news about where not to work starts getting you down, check out the hilarious (and merciless) Avoid This Job