JOB DEVELOPER FORECAST
FY 11/12’ brought with
it a small boom in the technology sector in Silicon Valley for current college
students and recent grads. Although the unemployment rate remains high, Silicon
Valley is creating new jobs and we are experiencing a gradual decline in
unemployment. I predict that FY 12/13’ will continue to demand technology
related job seekers with recent skill-sets and experience related to
engineering and computer science. Marketing, advertising, sales, and mass
communications will also continue to grow. We may experience an increase in
federal and state positions as the nation prepares to implement The Patient
Protection and Affordable Care Act, or “Obamacare.” We may experience increased government
sector employment in analysts, project/program management, IT, database
administration, accounting, and internet/information security. There will be a
continued demand for high level healthcare professionals, while healthcare
administration demand will also increase. I believe we will see an increase in
professions related to the development and manufacturing of biomedical devices.
Due to the possible construction of the High Speed Rail, BART extension and
Santa Clara 49er stadium, we can expect to experience a surge in construction and
the trades with continued growth over the next few years. The addition of the
new Patent office in Silicon Valley will help stimulate the local economy and
the unemployment rate will continue to decrease to near-healthy levels.
Overall, Silicon Valley
will continue to create jobs and unemployment will gradually decrease. We can expect to see a continued demand for
high-skilled jobs with a gradual growth for lower-skilled professions.
Daniel Newell
danielnewell@ymail.com
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