What $1 Trillion Means: The 2013 U.S. Job Market and Beyond

Posted on October 15, 2013. Filed under: Uncategorized |

This post was published earlier this year, and although it doesn’t speak to the government shutdown we are currently experiencing, it does discuss the main issue, which is our national debt and how that is affecting quality of life here in the U.S., including the job market.

ITtechExec: Protecting Tech Careers Since 2001

2013 U.S. job marketA lot of people are speculating as to what type of job market growth we are going to see in 2013. Most predictions coming out of the U.S. Department of Labor Statistics show some reason for optimism across most sectors. In the tech arena our company works in, projections generally seem good, even showing rapid growth in certain areas such as big data (of course, companies still have to find the right talent for these positions, and this talent may not be here in the United States).

Although I see these predictions of at least short-term spurts across the U.S. job market, I still can’t help but warn our clients to be cautious. (Our motto for ITtechExec is “Let’s Be Real.” We want to see our clients be successful, and the best way to do that is to paint the most realistic picture of the markets they serve.)

For although everyone is hung up on quantitative data…

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2 Responses to “What $1 Trillion Means: The 2013 U.S. Job Market and Beyond”

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What is the statistic I heard to put it in perspective? To pay back one trillion dollars, at a rate of one dollar per second, or $60 a minute, it would take you 31,688 years. Does it really matter? We may not have a quality of like soon.

Good point, Pat. Moving forward, we need to be considering quality, and that is a big issue in the career services discussion right now. Thanks for commenting!

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