Jun 19, 2009 7:28 pm US/Pacific
2 Job Sectors Hire Despite High CA Unemployment
SAN FRANCISCO (CBS 5) ―
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Job seekers wait in line for a job fair.
Scott Olson/Getty Images
At East Bay Works job resource center you don't need to tell job seekers, the numbers are grim. The California unemployment rate has climbed to 11.5 percent, according to the Department of Labor.
Darryl Knight was laid off from his auto part manufacturing job six months ago. He heard truck drivers may be in demand. "I just went to training and got my license and endorsements and now I'm looking good and getting information out and getting on with my job hunt," Knight said.
Jumping into new careers is what many job seekers may have to do according to Doug Henton with Collaborative Economics. He analyzes the economy and employment trends.
"They won't be the same jobs but that's always the case. Jobs are being destroyed and created. The trick is to help people transition from one industry to another," Henton said.
Henton spoke to CBS 5 right after the dot-com crash in 2001. He predicted there would be new jobs in biotech, anti-terror technology and consumer electronics. He was right.
This time around, he said the recovery may be slower and we won't see it until at least the end of the year. His numbers are showing future job growth in two sectors.
"Right now we have a whole industry growing rapidly in clean and green energy," Henton said. Jobs in solar, battery technology, electric vehicles grew 23 percent in the last few years.
And health care is also still healthy. Henton said it's not just nursing, but technology and science related jobs within the industry are growing too. "What people need to do is move quick from one set of opportunities to another, from I.T. and Web 2.0, social networking into another area related to health or semiconductor."
Henton said we will see the economy recover in the next six months. Nine months from now we'll start to see the unemployment rate come down. This time around, it's not just one industry that collapsed. It's auto, housing, finance and others that make up the foundation of the American economy.
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