I came across this report on Yahoo!HotJobs, which lists the five factors that John Challenger, CEO of outplacement firm Challenger, Gray & Christmas, predicts will most affect people’s careers in 2008.
These factors are pretty obvious (e.g., the presidential election), but they are worth reading for a reminder of how much current events impact individual people’s careers. I was happy to see “Generation Y” on the list, because I firmly believe that the generational shift taking place is going to have an enormous impact on all of our careers.
Below is my CliffsNotes version of the list. Click here for the full article.
Five Factors that will Affect Your Career in 2008
1. The housing crisis (less consumer spending)
2. The high price of fuel (not as attractive to take a job that requires a long commute)
3. The U.S. presidential election (Republican win = more defense jobs; Democratic win = more health care and “green” jobs)
4. Generation Y (young people flooding the job market, but perhaps not as many entry-level jobs available as in previous years)
5. The global economy (weak dollar could actually help U.S. business compete globally)
What are your thoughts on this list? What other factors will impact your career this year? Please share your thoughts…