Realistically, given the above statistic as it was announced and the expectation of between 2 and 3 million job additions through 2011, it is fair to assume that an unemployed individuals job prospects would be hugely improved. However, if you consider that many individuals will resume their search for employment and swell the number of job seekers available, then a very different picture emerges reflecting the opportunities for finding work.The discrepancy between fact and assumption is conducive to frustration and an ultimate loss of motivation to find employment.
It is also pertinent to understand a statistic and all the elements that are affiliated to it. Governments often talk of employment trends and economic prosperity in cycles, and this is very rarely predictable over the course of a single year. As an example, it is estimated that the rate of unemployment will drop to the desired 6 percent by the end of 2016, and any job seeker must comprehend the time that an economic recovery takes in order to form a realistic plan and level of expectation. Not just this, but trends and levels of prosperity fluctuate between industries and market sectors, so predictions of growth are not always universal or unconditional.
Not surprising, technological and Internet based occupations will experience huge expansion and growth until 2016, with an estimated increase of between 40 and 50 percent in job creation within these industries. In opposition to these projections, the growth anticipated amongst maintenance workers and physical laborers is expected to rise by just 10 percent in the same period of time, which is little more than a figure that will reflect the correlating growth of the US population. By undertaking independent research, it is possible to not only ascertain a particular industries opportunity for growth, but also predict trends in consumer behaviour and ways to enhance an economic recovery.
The process of economic recovery is a long and gradual one, often lasting many years before an economy is returned to its previous prosperity. Comprehending this process is key to assuaging frustration and the disappointment of not meeting unrealistic financial or employment aspirations. In order to develop a clear picture of the economy that supports their society, an individual must seek relevant information and conduct their own independent research on what they are told through media outlets.