International Jobs That Pay Well For An Experienced Finance Worker Silver Linings on the Jobs Market

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Silver Linings on the Jobs Market

The worldwide recession is responsible for huge numbers of job losses every day and there is little sign of easing at the moment. In the US, the International Labor Organization (ILO) estimates that 20 million jobs will be lost by the end of 2009, mostly in the construction, real estate, financial services and automotive sectors. In China, more than 20 million workers have lost their jobs since Christmas.

While no sector is immune from the negative effects of the global downturn, there are job fields with better job prospects than others and in fact some business sectors – mobile technology for example are really booming. If you are looking for a new challenge in 2009, you may want to consider focusing your efforts on the areas that may offer the best potential opportunities for interesting and rewarding positions.

o Security – Homeland security, national and international intelligence services currently have a rich choice of jobs with no sign of an imminent decline in demand for those with the appropriate skills. Analytics, language and admin for example. The government’s promise to increase police numbers also offers opportunities in law enforcement, customs, and other types of public service roles.

o Health care and welfare – Spending on social housing remains high, for personnel ranging from accountants to construction workers. There is also an ongoing need for health professionals, social care workers and teachers. Opportunities for skilled nurses, doctors, psychologists and psychotherapists, analysts, caregivers, medical assistants, physical therapists, home health helpers, medical records staff and health information technicians may even grow during a recession. Such is the current shortage of social workers that the Local Government Association (LGA) is urging recently retired social workers to return to the profession in an effort to address staff shortages.

o Financial and Legal Professions- Skilled professionals in the claims and compensation and cost savings sectors, or dealing with bankruptcy, and contract disputes. Procurement auditors and managers, purchasing specialists, internal auditors and senior financial interim are needed and as more companies review their business models, consultants, managers, lawyers and bankers with expertise in making businesses leaner during downturns are proving invaluable.

o The Environmental Sector – While many commentators in the past dismissed green as a ‘nice-to-have’ luxury, it is now becoming an essential business as many organizations now have a ‘kilowatt budget’ in addition to traditional finance. New Green Jobs, including renewable energy specialists and energy efficiency advisors offer many job opportunities with renewable expertise the best skills to have. Energy efficiency advisors, employed by cost-cutting and environmentally conscious companies, are also in demand as the UK tries to reduce its dependence on foreign gas and oil.

o IT – Telecommunications and technology – Many technology and telecommunications maintenance professionals will keep their jobs as companies think about maintenance rather than upgrades. Some IT fields are strong and even experiencing growth: The following is a list of the top 10 safest IT sectors according to businessreviewonline.com

o Virtualization

o Open source

o Green IT

o Cloud computing (and SaaS)

o Data loss prevention

o Mobile computing

o Integration & BPM

o Management & information retrieval

o Business activity monitoring (BA)

o Social network & online collaboration tools

o Underwriting – The demand for all classes of underwriters among insurers is still strong, as evaluating potential clients is key to managing risk. Interestingly, Admiral whose website Confused.com accounts for more than 15 per cent of all new motorcycle premiums in the UK recently announced record profits and plans for expansion into the US market.

o Engineering -There is a strong demand for qualified engineers in construction, project management and civil engineering, particularly for work related to the 2012 Olympics.

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