WHAT'S HOT & WHAT'S NOT

The next Jobs Report is due this Friday, and the unemployment rate is expected to soar even higher. In anticipation of more bad news, Bill Shrink www.billshrink.com passed along the following details on what industries are in fact GROWING to help brighten your day in hopes that it may offer some hope for those looking for jobs or fearing their jobs may be in jeopardy.

Retail
Failing: Traditional Retail (500,000 jobs cut in 2008, and 100,000 more in 2009)
Thriving: Discount Retail (33,000 new hires between Sept. 2007-Sept. 2008)

Building and Infrastructure
Failing: Construction (111,000 jobs cut in January 2009 alone)
Thriving: Public works ($27.5 billion for transportation from the stimulus bill)

Production
Failing: Manufacturing (1.2 million jobs cut in the last year)
Thriving: Clean Energy ($47 billion for renewable energy from stimulus bill)

Personal Care
Failing: Hospitality and Leisure (210,000 layoffs since Q3 2008)
Thriving: Health Care (30,000 new jobs were added in Feb. 2009 alone)

Finance
Failing: Banking and Investment (130,000 jobs cut since Q3 2008)
Thriving: Debt Management (Americans owe $968 billion in credit card debt)

Thank you Bill