2008 saw a loss of over 1.2 million jobs in the United States and forecasters are predicting a conservative 2 million job will disappear in 2009. Career Builders had an interesting article today about 13 companies that will be hiring next year. What I find interesting are the types of companies that are experiencing growth and the possible ramifications to our society at large.
General Corporation Growth (2)
7-Eleven
Chain of convenience stores with locations throughout the United States and Canada.
When people are broke and living day to day they tend to shop at places like 7-Eleven rather than buying groceries every week. If 7-Eleven is expanding then you can expect the downturn to continue.
Banfield (corporate veterinary services)
The world's largest private veterinary practice. We have a longstanding reputation for attracting highly-skilled, compassionate veterinarians who possess extensive knowledge regarding the most current advancements in Pet health care.
Veterinary care is one of the few areas left that has not been raped by corporate advances. That is changing expect fewer vets and diminished care for your pets.
Insurance/Health Care (5)
Farmers Insurance (insurance)
HealthMarkets (insurance)
State Farm (insurance)
Universal Health Care promised by the government is really Mandatory Health Insurance. So higher heath care cost for the American citizen and more profits for Insurance companies.
Gentiva Health Services (inhome heath care)
Gentiva is the nation's largest home health care services firm. The company provides home nursing care through a network of more than 300 locations in 38 states. Gentiva's home care nurses provide services ranging from acute care treatment to housekeeping for the elderly or disabled.
Hospital closures and people being turned away from nursing homes.
Sutter Health (health care)
Sutter Health serves as your partner in facilitating employee lifestyle behavior change towards better health. At Sutter Health Partners, our primary focus is on keeping your employees and your business healthy. Sutter Health Partners provides advice on overall health promotion design and management but our greatest asset is our high-touch Wellness Coaching team. In a time when health care costs are spiraling out of control, prevention is a sound investment.
Wellness coaching will probably be part of any Mandatory Health Insurance Scheme.
Defense Contractors (2)
ITT Corporation (defense contractors)
ITT Corporation provides critical support in the following areas Electronic Warfare, Sensing and Surveillance, Intelligence and Information Warfare, Command and Control Systems, Undersea Warfare, Space Warfare and Surveillance
URS Corporation (defense contractors)
URS provides critical support to the Departments of Defense (DoD), Homeland Security (DHS) and Energy (DOE), as well as to National Aeronautics Space Administration (NASA), Federal Emergency Management Agency (FEMA) and other federal agencies.
Expect continued and escalating wars as well as increased domestic surveillance of American citizens.
Auto Reconditioning (1)
M.A.R.S. International (auto reconditioning - franchise based)
MARS International specializes in TOTAL automotive appearance reconditioning. Our technicians make pre-owned vehicles look and feel new by repairing bumpers, removing scratches, and providing a number of services that go beyond typical detailing capabilities such as stain and odor removal.
Recondition used cars. The Big Three are gone and used cars will be the predominate market.
Lawn/Garden Care (2)
ServiceMaster/TruGreen (cleaning and lawn care)
TruGreen® is the world's largest lawn and landscape company. It started as a small private company in 1974 and now serves more than 3.5 million residential and commercial customers across the U.S. with lawn care, tree and shrub care, and landscaping services.
Scotts Miracle-Gro Company (lawn care)
ScottsMiracle-Gro is dedicated to a beautiful world with industry-leading lawn, garden and outdoor living products and services. Through our innovation focus, strong retailer relationships and drive to improve the consumer experience, we have been instrumental in growing the $8 billion global consumer lawn and garden market and enhancing our leadership position.
Fertilizers and support for the massive upswing in home vegetable gardens.
Accounting/Auditing (1)
PricewaterhouseCoopers (Accounting/Auditing)
PricewaterhouseCoopers provides industry-focused services for public and private clients. Our experienced staff, combined with our global network, allow us to provide the support you
Giant accounting firm set to clean up untangling the accounting voodoo of the past eight years. Many mergers and bankruptcies in 2009. New regulations to be implemented.
3 comments:
You nailed a lot of them. I think you're a little off on a few, though. Our population is aging rapidly. The baby boomers are set to retire soon. People are living longer and longer. Because of that hospice services and nursing homes have seen massive growth over the last few years. People are being turned away from nursing homes because they're filling up too fast and there isn't enough space for everyone. Despite the economic downturn people are still getting old, retiring and in need of health care. If you want a job that's almost sure to survive the coming hard times then get into senior health care.
Defense contractors are always a sure bet. If the country goes bankrupt, though, then this industry will likely take a massive hit.
The landscaping business isn't doing so well because people want to fertilize their gardens. They're doing so well because of there are so many foreclosed homes out there and the banks, HOAs and cities need to find someone to maintain them.
Good post. I wish more people would try to read between the lines.
The Urban Survivalist,
You completely make sense. I was trying to figure out why the lawn care profession was booming and you hit it right on the head.
Mortuary Services. As many millions more loose health care coverage due to job or business loss, expect a less healthy population. The obesity epidemic promises a short lifespan for many millions of relatively young people. Add to that the aging trend which leads to increased thinning of the herd anyway, and morticians are well placed to reap a rich harvest in the coming decade.
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