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
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In: Business Stories · Tagged with: Airlines, American Employment, Bank Tellers, Bureau Of Labor, Bureau Of Labor Statistics, Car Sales, Decade, Domestic Auto Industry, Domestic Car, Downward Pressure, Economic Collapse, Employment Situation Summary, Example California, Foreseeable Future, Global Competition, Global Jobs, Home Construction, Inventories, Jeopardy, Light Vehicles, Local Government Jobs, Losses, Maintenance Services, Mass Layoffs, Massive Layoffs, National Governors Association, Newsprint, Number Of States, Private Industry, Real Estate Values, Recession, Recovery Efforts, Residential Building, Salary Information, Sectors Of The Economy, State And Local Government, State Budget Officers, Tax Receipts, Telecommunications Providers
Clemson graduates find jobs at twice the national average
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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
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In: Careers · Tagged with: Agriculture Forestry, Association Of Colleges, Average Salary, Business Leaders, Clemson Degree, Clemson Edu, Clemson University, College Grads, College Graduates, College Of Agriculture, Colleges And Universities, Find Jobs, Finding Jobs, Foresty, Full Time Jobs, Graduate School, Graduates, High Quality Education, Interim Dean, Lt, Michelin Career Center, National Association Of Colleges And Employers, National Reputation, Natural Resources Managers, Public Universities, Reputation, Research Scientists, Respondents, Rewarding Careers, Salary Information, Salary Range, Science Graduates, Starting Salaries, Top Universities, University Graduates, University Students, Workforce
Corporate employers prefer State University grads over Ivy Leaguers
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
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In: Job Search Advice · Tagged with: Arizona State University, California At Berkeley, Carnegie Mellon, Carnegie Mellon University, Companion Story, Cornell University, Corporate Cultures, Corporate Employers, Corporate Recruiters, Flagship Public University, Georgia Institute Of Technology, Interview Schedules, Ivy League Education, Ivy League School, Ivy Leaguers, Journal Survey, Massachusetts Institute Of Technology, Nc State University, Private Universities, Product Developers, Public Universities, Purdue University, Rutgers University, Salary Information, Tight Job Market, Travel Budgets, University Grads, University Graduates, University Of California At Berkeley, University Of Illinois At Urbana Champaign, University Of Notre Dame, University Of Southern California, University Of Wisconsin At Madison, Virginia Polytechnic Institute, Wall Street Journal, Washington State University