While the global employment market has lost roughly 27 million jobs over the past three years, HR administration services are looking to some industries that are reversely booming with opportunity, according to a recent forecast by FindEmployment.
The online recruiting service states the following sectors will be increasing employment over the new few years.
1. Technology. FindEmployment reports this sector is growing immensely all over the world, as the industry in India alone is expected to be worth $225 billion by 2020, employing 30 million people.
2. Natural resources. Oil, gas, energy and mining are all prospering after notable declines in recent years.
3. Financial. The forecast predicts hiring increases in pensions, insurance and retirement advisors as baby boomers near the end of their careers.
4. Health. Home health care in particular is seeing more jobs.
5. Green energy. Solar power manufacturing and distribution is growing quickly in the U.S. and in Europe.
6. Retail. With the recent example of Cyber Monday's importance, online retail is booming.
HR services already confront the challenge of reconciling a globally expanding workforce while fostering a company community. As employment in these diverse sectors expands, companies will have to be more competitive to attract and retain the best talent.