An Entrepreneur article entitled 2010 and 1/2 Trends to Watch specifies ten areas that discusses issues quaking today’s society. One aspect of the article features recent updates and trends in education since the global financial crisis, stating the vast numbers of people returning to school amidst a harsh economic climate. People find themselves hitting the books to gain ideas for new job opportunities.
Universities and Colleges are packed with enrollees, with numbers reaching to 12 million. One of the obvious reasons for this is unemployment, as reported by IbisWorld senior analyst Toon van Beeck. Neumont University of Salt Lake City, Utah entices students with postgraduate employment rates of 85% to 95% within the first two months, even during the slump.
In addition, the article affirms that 2010 will be a good year for higher learning institutions with revenues escalating to 4.9% or $421 billion. Colleges and trade or vocational schools are not exempted from the growing number of students. Most probably these vocational schools will profit more than the larger institutions.
Many perceive a bright future for the skilled workers. Studies by the U.S. Bureau of Labor Statistics pointed out that this year there will be almost 2.3 million unfilled works in various skilled trades. Despite the growing importance of trade schools, students graduating from these learning institutions continue to receive high demand.
In these times, company employers are eyeing for potential employees who can get the job done as effectively and efficiently as possible. From a different perspective, the findings also showed proof that the deficit of skilled professional workers maims employers, costing them millions of dollars.
As of now, the numbers of industries searching for skilled workers are growing. In the field of machinery, companies are now looking for machinists who can operate and maintain the latest automated machines to produce engineering components. However, the best machinists (or other skilled workers for that matter) are usually the ones who have more experience. Hopefully, trade schools can accommodate this need, especially with the increasing demands to occupy several vacant slots for skilled workers.