Question

In: Economics

3- Sectoral Shifts in supply and demand of labor it takes time for people to acquire...

3- Sectoral Shifts in supply and demand of labor it takes time for people to acquire new skills for the new jobs available in the market. What types of jobs are rising and falling in demand in the US, recently?

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Expert Solution

Jobs rising in the US

Healthcare professions are top of the list of in-demand employment for 2019 with an ever-aging U.S. population and developments in medical care. In general, on the other side, health care is a recession-proof sector, which can mean job security if the economy begins to slide.

Application software developer- The need for these roles continues to expand with the explosive development of mobile-based internet usage. Most software developers have a degree in computer science.

Medical services manager- Also known as a health care administrator, this role typically includes supervising, guiding and coordinating medical and health services either for a whole facility (i.e. a hospital or nursing home) or for a particular department or medical practice. Most individuals who have a bachelor's degree in this job, although a master's degree is also prevalent.

Medical technologist- This work, also known as a medical laboratory scientist, involves gathering specimens and conducting experiments to evaluate body fluids (i.e., blood), tissue, or other substances. Typically, the position needs a degree of bachelor. Some countries also need a permit.

Jobs falling in US

Gaming Book Runner- Gambling facilities are becoming more common and widespread, including casinos and racetracks, as more countries consider constructing them to increase tax revenue. This helps drive demand for gaming-related employment, all of which are anticipated to develop over the next century, though at a slower pace generally in the US than employment. The ruling of the Supreme Court in May that efficiently enables countries to legalize sports betting may also increase demand for authors and runners of gaming and sports books that manage bets on sports activities. Nevertheless, considering its low pay and few positions (even after planned development), this specific work does not seem like a good bet.

Floral Designer- People still stop to smell and buy the flowers. But what's changing career opportunities for floral designers is where they stop. Following an increase in fresh flower shop openings in the 1980s and 1990s, their figures have dropped dramatically as budget-conscious customers choose to purchase loose, fresh-cut flowers from grocery stores instead of elaborate bouquets and specialty shop arrangements. Moreover, the Internet's increase has enabled some florists to function more effectively and to decrease the amount of brick and mortar stores.

Forest and Conservation Worker- While it remains essential to develop, maintain and protect forests, fresh technologies such as remote sensing can now accomplish many of the duties undertaken by forest and conservation workers— such as tree counting and identifying. This implies that it will take fewer individuals to do the same quantity of job. On the other hand, the increasing frequency of wildfires may fuel greater demand for these workers because only they can prevent — and suppress— forest fires.


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