Career experts ascertain that millions of the jobs available today did not exist a decade ago. Others that were lucrative have been phased out by social changes, technology, and other emerging issues.
The situation makes it difficult for students to choose jobs that would help to secure their future and that choice is much more difficult than choosing the best college essays.
The job market does not provide a guarantee to any worker that their profession is reserved. Technology and a changing social life are causing death as well as modification of numerous occupations.
The trend may cause panic among students, but a solution still exists. By answering the following questions when choosing your profession, you will have an assurance of a job and livelihood in the future.
1. Are The Jobs In The Industry Growing Or Shrinking?
Data on the job numbers and projections in different professions are readily available for students.
The data will help you to determine whether opportunities are increasing or decreasing in the profession you intend to pursue.
The rate of decline and reasons for the decline are also given, enabling you to make an informed career decision.
If opportunities in your dream profession are shrinking, it could be time to check elsewhere. In other cases, you still find a fighting chance.
Avoid professions with opportunities that are disappearing fast. By the time you complete your studies, these opportunities could be too few for you to find work.
2. How Is The Industry Interacting With Technology?
Technology is one of the reasons many traditional professions are dying. Machines and software are helping to replace the people who worked in some places.
To guarantee your career safety, evaluate the interactions between technology and your industry.
The truth is that technology is not all negative for the workplace. It is creating a lot of jobs that still require the same
knowledge that manual workers used to possess. However, some professions are being replaced entirely by technology. Watch the impact of technology on your job to determine whether it is still worth pursuing.
3. What Is The Rate Of Return?
How much will you be paid to do a particular job from entry-level to expertise? The level of compensation is essential because it helps you to understand how much time it will take to get a fortune from your work.
Some professions will remain for decades, but they pay meager returns. Others are on their death bed, but you will have made your kill by the time your turn to leave comes.
It is a gamble that you must prepare to take as you target to either rise fast through the ranks or make a fortune before the profession becomes extinct.
4. What Are The Possibilities Of Self-Employment And Entrepreneurship?
The aim of gaining skills is not necessarily to find a job. Entrepreneurship and self-employment are the best targets for students as well as professionals today.
Once you work for a few months or years, can you go forth and start a business or develop an idea? This view helps you to avoid over-reliance on employment.
In case the time to leave your job comes, you will still earn a livelihood through self-employment and entrepreneurship.
5. How Can I Easily Branch Into Other Professions?
Professions exist in clusters. For instance, an IT technician can branch into software engineering after additional training.
Pick a job that offers such an opportunity in case your current skills are not needed. You avoid total job loss and also reduce the time taken to recover your earning potential.
There is no guarantee that you will get a job because you have taken a particular course.
Since technology is unpredictable, your responsibility will be to monitor your profession and adjust your skills. Keep an eye on developments in your profession to avoid being rendered jobless in a flash.