Friday’s unemployment report confirmed the fears many people have about an economic rebound that does not produce jobs. The 9.8% unemployment rate that lost another 263,000 jobs comes despite billions of dollars in stimulus spending.
While this news is disheartening, many believe the US economy is rebounding. The big question on everyone’s mind is where growth will come from and which industries will fare the best. Today, BusinessWeek released a two-year occupational chart from 2007-2009. The chart shows the percent change in employment in the major industries.
The biggest winner was the heathcare practitioner and technical industry which saw a 10% increase in employment. Faring the worst was the construction and extraction industry, which had a dip of almost 25% in employment.
Service-related occupations fared well with a 3.7% increase in employment. The only major service occupation that saw a decrease in employment was office and administrative support at -7.5%.
