Wednesday, October 19, 2011

Emerging industries and the effect that they have in the labor force

As all of us know the recent recession in the United States caused by the plummet of the housing market and the volatility of the stock market among other factors, has brought much stress to the job market. This in turn, has triggered a raise in the unemployment rate and has had a ripple effect in our society; everywhere you look there are people being affected directly or indirectly by the loss of jobs.
However there are some good news shown in the following link, where slowly but surely some manufacturing jobs are being created stimulating the labor force. This in turn, creates jobs and stimulates the economy. When there is more companies around, there is more competition among companies and this in turn increases the need for retention of good and reliable workers.
As the demand for workers increase, the chance for better working conditions and recognition of workers achievements in the labor force also increases.

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