The Ten American Industries Which Will Never Recover

As a result of research performed by 24/7 Wall St., there appears to be several sectors of the economy that have been so severely damaged by the economic collapse that they are in jeopardy of never recovering.  If other healthier sectors are unable to absorb these losses, then real recovery efforts for the US economy will certainly be hampered.

One obvious sector that has been severely hurt is the domestic auto industry.  Due to increased global competition, the jobs in this industry have been shrinking over the past decade and that trend is predicted to continue.

The second big sector to be hit is commercial and residential building, which has undergone massive layoffs due to the rise in inventory from defaults as well as the downward pressure on pricing that has depressed real estate values.

These are 10 Industries that will not likely recover:

1. State and local government

2. Construction.

3. Installation and Maintenance Services

4. Auto Industry

5. Pharma

6. Large Telecommunications Providers

7. Newsprint Media

8. Airlines

9. Real Estate

10. Walk-up Bank Tellers

source: axisoflogic

click here for more salary information

Clemson graduates find jobs at twice the national average

<s

Clemson University students are finding something new to brag about lately.  They are finding jobs at almost twice the national average for college grads according to a recent survey of graduating students.

Many of the respondents that have not accepted jobs were planning on attending graduate school.  For those entering the workforce, the starting salaries averaged $47,000.

Clemson has been attracting the attention of business leaders everywhere with an increasing reputation for high quality education as evidenced by its ranking as one of the top public universities reported by US News rankings of colleges and universities.

source: Clemson.edu

click here for more salary information

Corporate employers prefer State University grads over Ivy Leaguers

Go to fullsize image

A recent survey by the Wall Street Journal has pointed to a shift in the perception of the value of an Ivy League education versus other public and private universities.   Penn State was ranked first in preparing students for the workforce based on the responses from hiring specialists at almost 500 companies and institutions nationwide.  Of the 25 schools on the list of HR’s favorites to hire, only one was an Ivy League (Cornell University).

Here are the rankings:

1. Penn State
2. Texas A&M
3. Illinois
4. Purdue
5. Arizona State
6. University of Michigan
7. Georgia Institute of Technology
8. University of Maryland
9. University of Florida
10. Carnegie Mellon
11. Brigham Young
12. Ohio State
13. Virginia Polytechnic Institute
14. Cornell University
15. University of California at Berkeley
16. University of Wisconsin at Madison
17. University of California at Los Angelos
18. Texas Tech
19. NC State University
19. University of Virginia (tie)
20. Rutgers University
21. University of Notre Dame
22. Massachusetts Institute of Technology
23. University of Southern California
24. Washington State University (tie)

source: HULIQ

click here for more salary information