Overall, the U.S. economy lost a total of 95,000 jobs in September, far worse than expected. In September, businesses likely created considerable number of jobs, but the number is not nearly enough to reduce the nation’s unemployment rate. The employment is projected to increase 10 percent in the next decade. Some professions are disappearing because of advanced technology, budget slash, global slowdown, and changing landscape of business.
The Internet and increasing use of automated underwriting software are attributed to the decline in demand for insurance underwriters. With the help of advanced technology, underwriters can get access to information more easily and sort it more quickly. Certainly, those who have strong computer skills and a background in finance will have more advantages.
Change expected in next decade: -4%
Average salary: $56,790
There has been an increase in news outlets’ sharing each other’s content, thus leading to the decline in reporters and correspondents. In addition, advanced technology could drive some employment in online divisions. Thus, writers with scientific or technical subjects will have more opportunities.
Change expected in next decade: -8%
Average salary: $34,850
On the contrary to outstanding growth of demand for engineers overall, demand for chemical engineers is projected to slash 2 percent in the following decade. The manufacturing of chemical and products like synthetic rubber, gasoline, and plastics and cement possibly hire less employment. On reason is partly due to cutbacks in defense expenditure.
Change expected in next decade: -2%
Average salary: $84,680
The need for judges is shrinking as states, cities, and cash-strapped governments are cutting down their budgets. In addition, more parties involved in disputes choose out-of-court arbitration in stead of going to court due to high costs.
Change expected in next decade: -3%
Average salary: $110,220
It is expected that employment for advertising and promotions managers directing a firm’s ad campaigns and promotions aimed at driving sales will decline by 2 percent. The landscape of media business is changing rapidly as the media and Internet landscape changes. Additionally, the economic slump also hit the industry, taking a toll on the advertising and promotions managers. However, those who have strong computers and communication skills and high level of creativity will have more job opportunities.
Change expected in next decade: -2%
Average salary: $80,220
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About the Author:
Leland Mason is a premier job search Web site and career planning. He has been around the business world for many years and has a good understanding about generating an income.
Articles Source: Professions to See Ranks Sink
Posted in: Economics,Jobs
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