Job Sectors That Will Benefit From The Stimulus Package
The $800 billion package that President Obama has signed is expected to generate or save 3.5 million American jobs. Initially, many of the jobs created will go to blue-collar workers (such as construction workers), public-sector employees (such as teachers), and those experienced in working with government entities. Republicans say that number will be less – but all agree that new jobs, including at the manager and executive levels, will be created. The most important aspect is how well the stimulus package works.
Remember that no matter how well the plan succeeds, however, it’s safe to say that the following six white-collar occupations should see an upsurge in demand over the next two years. Ultimately, however, the stimulus plan’s backers predict that 90 percent of the jobs created will be in the private sector. This projection is based on the belief that the economic activity generated by the stimulus will lead to new jobs in retail, leisure and hospitality, and other sectors as companies and individuals who directly benefit from the plan begin to spend their windfall. For more industry trends check out the JobConcierge Top 100 Jobs in 2010.
1. Urban Planners. How best to use the billions of dollars flowing in from the federal government, will rely on urban planners to guide them. They will be needed on everything from the best location for new school construction to the environmental impact of infrastructure projects. Although more than 60 percent of planners currently work for government entities, an increasing number are employed at architectural, engineering and management consulting firms.
After planning the civil engineers come into picture. Thousands of them will be needed to design and supervise the construction of roads, bridges, tunnels, buildings, wind turbines and other projects that get a green light as a result of the stimulus package.
The next set of professionals who will directly benefit will be Computer systems analysts. Improving the technology infrastructure of schools, hospitals and medical offices is an important objective of the stimulus. IT pros will be needed at all levels, for jobs ranging from wiring buildings for Internet access to transitioning the healthcare system to electronic medical records and e-prescriptions.
With President Obama prioritizing a “cure for cancer in our time,” the stimulus represents a boon for medical researchers. With billions of dollars being funneled to the National Institutes of Health about a third of medical researchers work for colleges and universities; most of the rest work at private research firms, pharmaceutical companies, and hospitals.
Management Consultants are the right candidates to make complex decisions with big money. , corporate and government leaders tend to get sweaty palms – and that’s where management consultants come in. Consultants can bring the expertise to analyze vexing problems and develop sweeping, ambitious proposals to solve them.
Some experts predict that the government may need to hire auditors for its auditors. At the federal, state and local levels, accountants and auditors will be required to make sure the numbers add up. With so much federal money flowing into so many hands so quickly, there will be a significant need for oversight.
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