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Wednesday, February 24, 2010

Some job sectors likely to continue to shrink

There is a report out just now, showing sectors of our economy that expect to lose still more jobs, even if/when there is an economic upswing or recovery.

It's interesting because some there are areas you wouldn't expect there to be job losses in.

Sure, I can see losing more jobs in retail department stores, motor vehicle parts manjufacturing and the postal service--absolutely on that last one, as we move to email, etc.

But semiconductor manufacturing? To lose jobs?

I assume this is a matter of increased productivity through machines and computers.

And the other one is "wired telecom".

They didn't give a firm definition of what they mean by the term but because it's "wired" and telecom, both, I would have assumed there would be, if anything, an increase or even just a stabilizing effect on these jobs, but no loss.

One thing they didn't mention was the loss of Blockbuster Video jobs.

I guess it was just too obvious.

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