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Gonna have to retrain and maybe do another masters in the hope of somehow getting another career. What sectors are looking promising these days?
Quite a few are doing better or worse than a 10% down turn.
[/smartarse]
You might be fine. You have a 9/10 chance of not being affected.
EDIT Always the bridesmaid...
The Chinese paper industry is very healthy.
Which is good for our company who supply paper & board making machinery.
Was kinda hoping for some serious input on this thread...
oil+gas and deepsea exploration is strong. anything to get away from our reliance on the middle east.
>10% growth last year for the mob I work for.
look at predictions for the number of school age children for next 10-15 years, which secondary subjects have a shortage of teachers (science and maths ata guess) and go on a course - they're still paying people to train as maths teachers.
[url= http://www.tda.gov.uk/get-into-teaching/subject-information-enhancement/teach-maths.aspx ]http://www.tda.gov.uk/get-into-teaching/subject-information-enhancement/teach-maths.aspx[/url]
Was kinda hoping for some serious input on this thread...
You ask a bunch of strangers on a cycling internet forum for serious careers advice?
Go and become a dentist.
Pirate
Does law appeal? We know a few solicitors and barristers and they are all doing relatively well at present.
It seems that every sector (charitable, government, manufacturing, banking, whatever) requires a near-constant stream of legal advice and this need is not going to go away over the next 10 years (or beyond).
This means that you can choose the area you wish to work in, and know that if that sector retrenches there will be other options available.
Plus, of course, the constant option of consumer work - pensions, wills, neighbours going mental, that kind of thing.
Otherwise, banking seems solid 😉
Outplacement seems to be a growth area.
Debt collection
Finance
Legal
Im in IT in a specific growing sector
Business intelligence, Database based corperate reporting.
We are a microsoft specialist and doing well and looking for people
What sector are you in at the moment?
I was quite glad to have got out of chemistry when I heard the news about Pfizer closing their R&D in Sandwich, that'll have a huge knock-on effect across the kind of labs that I used to work in which supplied chemicals to research labs, university depts, that kind of thing.
Renewables energy seems pretty strong, I looked into moving into that but my degree in chemistry wasn't quite relevant enough, it tended to be more engineering style degrees they were looking for.
Training. I work in the training sector and the recession seems to have bottomed out and work is starting to pick up, or a huge part of the workforce have packed in leaving more work for the ones that are left.
The companies that invest in training will be the stronger ones at the end of the crisis. Can you convert your current skills into a training role?
Legal areas will always be busy in both good times and bad.
Debt collection will see you through the recession.
Short term, high interest money lending seems lucrative.
gambling
Comms. We supply comms gear and you wouldn't know there was a recession on. Our engineers are flat out.
Crazylegs - what did you move into, Looking to get out of the Labs atm.
Degree in Chemistry with Chem Eng.
Was in town planning, degree in geography with masters in environmental planning. Seems like both were a waste of time at present.
Get a list of David Cameron's school mates and see what businesses they run. Should be good for the next four years.
Legal areas will always be busy in both good times and bad.
The low paying ones: crime, and wills and prbate.
The rest of the profession has had some serious impacts - in 2008 the firm I was working at had four rounds of redundancies and massively reduced the number of real estate, corporate, banking, tax and related lawyers.
And even those who would have been expected to pick up the slack (litigators) also had the axe taken to them - there was no counter-cyclical upturn in contentious activity.
Only really the contentious employment lawyers seemed to be unaffected. IP, IT, technology, telecoms, competition - all areas that had grown quite nicely in the good times - suddenly found themselves without work. You have a hard time convincing a massively shrunk labour market that your specialist knowledge in the environmental regulatory law is easily transferable to property litigation.
And it's a brutal profession - if you're not recording enough chargeable hours (entirely in the gift of the partners running the show), you're out.
Think carefully before you embark on two self-funded years at lawschool (think c£15k fees) and trying to find a training contract amidst the massive competition, before then working that training contract and having to fuind a job at the end of it.
Is there nothing from that that you you pick out for training, I suppose you've used some kind of CAD, no? Or environmental auditing that you could transfer to businesses? Take an element you have knowledge of and a market exists and become an expert???
Given the near-collapse of the banking & financial sector, the FSA (and its eventual replacements) are, and will be, seeking to increase regulation on financial activities. Compliance departments will be hiring for the foreseeable future and those job aren't going to go away. Well paid, but quite boring.
Porn industry's still doing well. People always turn to sex in times of crisis, something deep down about species trying to increase offspring when they think the mortality rate might increase.
Bike industry is doing well.
Import some nice bikes
If you can use the words "cloud" and "agile" in a sentence and keep a straight face then IT's a growth area at the moment. I'm hoping there will be a reckoning soon though...
jam bo is correct. With a few exceptions you are never out of work for long in O&G or its related industries.
Aberdeen/Aberdeenshire has had very low unemployment for decades.
Banking's looking rosy at the moment.
Equity companies are also probably a wise investment, especially those who poach former state-run services.
Most of manufacturing has been dexcimated as will be the service industries, as factories and office sdownsize or move abroad for cheap labour, and little health and safety rules,
legal aid is being cut so fewer lawyers needed,
house buying going down so less solicitors,and estate agents,
Then we have shops and shopping centres, a lot are going empty, or being closed down,
Science and technology, easily transfrered to other countries with the ethos of these skills/trades,
construction, after the olympics and the new rail linmk acrooss london and the new bham to london rail link, little major jobs planned,
finance, totaly screwed up by the huge bonuses,jobs to go to pay for them al;so a backlash from the public, forceing more jobs to go,
computers and it, easily outsourced abroad,
car manufacture, easily sent abroad,
environmental stuff, just a few jobs, and do we really need or can afford to employ tree huggers and crested newt counters,
redundancies accross the science sector is getting bad
pfizer and others moving out of the uk, the damage being done to research departments in hospitals and universities is shocking, not to mention teh detremental effect it will have on medical research over the next decade or so at least
Was in town planning, degree in geography with masters in environmental planning. Seems like both were a waste of time at present
.....this suprises me a little. Other than the public sector taking a massive hit the environmental sector will permeate into all industries so will remain relevant. There are plenty of geography/environment related consultancies around - work is a little slow but has been picking up.
Do Greggs run on a franchise basis? Maybe look into running a pie shop.
Nice upmarket deli near me - shut and boarded up. The Greggs adjacent to it? They're queuing out the door mate.
GIS mapping seems to be on the growth in the Wind Industry.
Think - "You" are maybe behind with rent payments/mortgage, the interest on the debts that you have are creeping up, you've been told that there will be no pay rise for next 24 months (or even you are going to have to take a 10%/20% pay cut to keep your job). You decided to have a Smart phone that is costing you £40 month contract that you really can't afford at the moment but you are stuck for next 12 months.
Do you go to the cheapo Greggs for your lunch or the really nice deli with the nice girls/boys behind the counter who you'd like to keep in a job?
Wallet says Greggs - Deli shuts. Obviously not in the City where you probably couldn't find a Greggs for love or money.
OP - is another "Masters" really going to keep you in work or are you rearranging the chairs on the Titannic? (Yes I do have a bit of a problem with higher education. I worked at a job for a long time where we employed post grads who were studying for PhD. Invariably (80%) they had still not finished their masters before starting the doctorate. And a lot never completed either in the end. I saw a lot of waste of talent/opportunity/money. Money that I felt could have been better used elsewhere on people who maybe had the potential to make use of higher education but did not get access to it).
Sorry for the rant, just one of those things that winds me up and sets me running.
You could become an insolvency practicioner.
I'd make my own lunch if I was that short.
but I'm not. Did I mention the oil+gas industry was doing really well....
Crazylegs - what did you move into, Looking to get out of the Labs atm.
Degree in Chemistry with Chem Eng.
Saccades: I worked in synth org chem for about 8 years, 2 different labs. Usual stuff - synthesis of fine chemicals for R&D. Pfizer was always one of the biggest customers but we sold to all the big players as well as uni labs, schools etc. That's all drying up now as well as schools and unis try to cut the costs of the chemistry/science courses, chemistry at school now is nowhere near as fun as it was when I was at school, you can't blow things up now. 🙁
Anyway, I was made redundant 2 years ago then re-employed on a temp contract but by then I was totally hacked off with it and generally being treated like shit. Looked at Renewables, particularly Wind but as I mentioned, my degree wasn't considered "engineering" enough.
So I now work for the GB Cycling Team. 🙂
Take up arms dealing - I hear there may be some business potential over in the Middle East....
We're recruiting for a Siemens/Allen-Bradley PLC Engineer... and we as a business have been expanding even during the down-turn.
computer games and/or mobile apps?
manufacturing / engineering... only sector that has increased in the last 6 months... were bombed out !
Nice to see us ahead of retail / banking for the first time in decades.
