Before you start looking for a job, it is useful to familiarize yourself with the job prospects offered by these specific professions. This will help ensure job security in the future and make sure you can find a similar job.
Finding your first job right after college can be intimidating, especially if your skills and qualifications lead you into industries with large corporations and dozens of talented people. The main thing is not to narrow yourself down to very specific entry-level positions. If you understand careers in various industries, you will be able to find a job that suits you and will benefit on the way to success.
What does “job prospect” mean?
Employment prospects are changes in the number of people engaged in a particular profession over a selected period of time. The time period is usually two, five or ten years.
Professional economists are responsible for predicting how much the employment rate will increase or decrease between the base and target years. This anticipated job growth is important when you are looking for career options in the industry you are interested in. Apart from the salary and your interest in a particular field, you should also consider that the job you want will be done in the next few years.
What is the percentage of good job prospects?
The percentage of job prospects is determined by comparing the growth in the number of jobs in all professions over the same period of time. Statistics determine this percentage, usually estimating the growth that the profession should have within ten years.
Any percentage that is above average is considered good. Percentages of job prospects:
- An increase of 14% or more (growing much faster than average)
- An increase of 9%-13% (growth above average)
- An increase of 5-8% (growth at an average rate)
- 2%-4% increase (growing slower than average)
- 1% decrease or increase (almost unchanged)
- decrease by 2% (considered a decrease)
- Why You Need to Consider a Career Perspective
When considering a specific job, many factors must be taken into account, such as compatibility, qualifications, industry, responsibilities. Another crucial factor in career research is the job prospect. If you find that the job suits you, but the employment rate is expected to decline in the following years, it may be time to consider other options.
Another way to understand your career prospects in any industry is to find out what skills and qualifications you offer. While you may have a solid education, you also need to make sure you have a set of transferable skills that will propel your career in the right direction. Remember that there are many highly paid vacancies with a junior specialist diploma with good prospects that you can get with the right skills.
Knowing the perspective of a profession is also useful when you plan to change your career path. It is good to look at both the current and the desired job. If it is expected that the level of employment in the current career will decrease, then you should think about changing careers and make sure that it has positive prospects.
What options do you have if the career you are interested in has poor prospects?
Economists predict that the growth of a particular career may unexpectedly increase or decrease due to a variety of factors.
In addition, you can change the course of your career a little. Here are some ways to achieve this.
Think about getting a certificate for a specific field
Obtaining a certificate will help you master the skills necessary for a specific job. Certificates are often aimed at equipping you with knowledge and skills that will make you more in demand.
If you are thinking about changing careers, completing a certification program will help you quickly acquire the necessary skills in a specific field. In addition, they usually last up to two years, so you will quickly return to the labor market. You can choose two certification programs, postgraduate and undergraduate, both of which are short-term programs with a focus on the technical field of the subject.
Find industries where your skills are in demand
Having a degree doesn’t mean working only one job. There are many different industries that may require someone with your skills to do a certain job.
For example, if you have a degree in computer science, you might think that you need to look for a job at a company that manufactures computers or creates software. It can be a great position, but a computer science degree can also be applied in almost any industry, because high-level computer skills are in demand for corporations, retailers, small businesses, and even government positions. The same can be said about degrees in information technology and cybersecurity.
Think outside the box
Non-standard thinking in this case means considering work options outside the traditional worldview. In the modern world, you can work in various industries depending on your education.
The fact that you have been studying to be an accountant for many years does not mean that you should work as an accountant for the rest of your working life. There are many jobs suitable for people who are trained in one particular job but are looking for more. In the case of a qualified accountant, they can also easily find jobs as auditors, analysts and managers in various industries.
Understanding the job perspective and how you can use it for your career is very important. In addition to employment growth, other factors must be taken into account when looking for a job, such as the number of people applying for it, your education, the highest-paid career, etc. It’s also helpful to keep in mind that if a job doesn’t have great prospects, there are ways to do it in the industry without doing that particular job.