New Trends in Los Angeles Job Market - What You Need to Know

As the world economy struggles to recover from the worst recession since the great depression of 1930, new trends are emerging in the US job market. As stated by industry experts, these new trends would be largely defined by the stimulus packages offered by the government. Los Angeles and the rest of US is predicted to see a large surge of jobs in the government, healthcare, natural sciences, energy, and green technology.

New Job trends Overview

http://moneywatch.bnet.com/retirement-planning/article/the-new-job-market-who-wins-and-who-loses/314930/

A large part of the stimulus packages have been directed towards aid to state governments for helping in the economically distressed areas. The California and other state governments will in turn invest this money through a variety of channels which will enhance job opportunities in public work, health care, construction projects and teaching. This will be encouraged further with the large population of baby boomers retiring in the coming years.

In his stimulus packages, President Obama is offered more than $50 billion as aid to infrastructure projects, especially towards development of mass transit networks. The California state government has allocated more than $10 million in this year's budget towards Department of Transportation, state transit assistance and high speed rail. People involved in the "green" occupations can expect to have lucrative opportunities in the future.

Stimulus Package by Obama government

http://projects.nytimes.com/44th_president/stimulus

Health Care is one industry that has survived the recession as an exception. It is expected to continue to be the shining star in the future as well. The California state government has allocated more than $12 billion towards new health care projects. Therefore medical professionals and others involved in similar field can expect to see a bright future in LA.

California state budget allocation to mass transit

http://www.ebudget.ca.gov/Revised/StateAgencyBudgets/2000/agency.html

California state budget allocation

http://www.ebudget.ca.gov/Revised/agencies.html