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Accounting, construction, IT also top the lists for Indiana
By Dana Knight, Indystar.com
Tomoko Shimano lifts weights, does lunges and sweats for her money as a personal trainer.
Andrew Habel, an assistant project manager, oversees construction of buildings.
Charlie Curtis staffs a medical device company with researchers and engineers.
Three jobs completely unrelated, except for one important factor -- they're hot.
With the state's hiring scene expected to improve slightly in 2005 -- a predicted 1.5 percent to 2 percent increase -- after years of flat job growth, the question becomes where to look. Exactly which jobs will be in high demand this year?
"It's really an interesting thing where we're seeing the big hiring cross all types of industries," said Mark Haering, senior partner at the Indianapolis office of Princeton Search Group, an executive search firm. "It would be tough to say that health care and construction are not the two hottest."
At least in his opinion. Haering, along with other staffing experts and economists, were asked to identify the hottest industries for hiring in 2005.
Among them: health care, education and information technology -- categories that have managed to gain in the past five years despite a bleak economy.
But some new industries also have moved onto the hot job list, including accounting, life sciences and leisure and hospitality.
The demand is setting the stage for a possible labor shortage in a few specialized areas, but only modest employment increases are expected in other sectors.
"The unemployment rate in Indiana is not going to come down very fast (in 2005)," said James Smith, a finance lecturer at Indiana University's Kelley School of Business.
The state's unemployment rate last week was 5 percent and is expected to drop just slightly in 2005 to about 4.8 percent.
"This is a long way from 2 percent, where it was four years ago," Smith said.
Nurses and the faculty needed to teach them are already facing a labor crisis. Accounting managers say other firms are soliciting their employees.
Shimano barely had to job hunt to land her position two months ago at HealthPlex Sports Club and Medical Pavilion in Indianapolis.
Still, she laughs when she's told her job is hot. That's not why she went into the field.
"I was an athlete, and I just really liked anything related to sports," said the 29-year-old native of Japan. "I get to meet new people every day. They really appreciate me helping them. I like that."
Shimano's industry, leisure and hospitality, is expected to add 497,000 jobs nationwide by 2012, a 17.8 percent increase, according to the U.S. Department of Labor's Bureau of Labor Statistics.
Increasing incomes, leisure time and awareness of the health benefits of physical fitness are expected to drive the increase, due in large part to baby boomers' tastes, the bureau said.
Hiring 'boom'
The boomers, people born from 1946 to 1964 and making up 27.5 percent of the population, are a major force behind hiring trends.
The health care industry is already preparing for them, adding beds, building hospitals and hiring radiologists and geriatric nurses.
"Absolutely, the baby boomers are a factor," said Karlene Kerfoot, senior vice president of nursing and patient care at Clarian Health Partners, with 3,500 nurses. "Once you hit, say 60, often that's when some of the chronic illnesses set in, and that's when you start to really use the health care system."
Clarian -- which includes Riley Hospital for Children, Methodist and Indiana University hospitals -- will boost employment by 1,000 at its Indianapolis hospitals and new Carmel hospital this year.
"In terms of hospitals, we have tremendous needs," Kerfoot said. "But nurses are in demand not only in hospitals but in law firms, insurance companies, a lot of different places."
Like in the classroom. With more men and women applying to nursing schools, there is a shortage of faculty to teach courses.
Last month, the American Association of Colleges of Nursing said although enrollments increased in 2004, more than 25,000 applications were denied primarily due to the faculty shortage.
From health to leisure, the boomer nudge is setting in. This middle-aged population has a higher and more disposable income. If they want to take a trip, they can. If they want to eat out, they do.
"We expect real growth (in 2005)" said John Livengood, president of the Restaurant & Hospitality Association of Indiana.
More and more restaurants are opening their doors in Indianapolis and surrounding counties, fueling the need for more workers. And the new Conrad hotel opening next year Downtown will mix a hotel with condominiums.
"They want that to be a 5-star hotel," said Livengood. "You don't build a hotel that gets ranked as 5-star without lots of service, and that's going to mean lots of employees per guest."
Boomers' interest in the health benefits of exercise also is creating a similar job boost in the fitness industry.
"You can't really pick up a magazine or read a newspaper and not see a topic about physical fitness," said Brian Holdsworth, director of health and fitness at HealthPlex.
Holdsworth's fitness crew consists of 15 people. He recently hired three new employees, and he's not done.
"We can always use people with the right fitness experience and education to be personal trainers," he said. "As our membership grows, we have to increase our staffing to continue to provide services."
New growth
Accountants at RJ Pile in Indianapolis are a newly coveted crew. Steve Reynolds, who handles college campus recruiting, hesitates to give names of his employees for fear that a headhunter will try to snatch them away.
Reynolds starts his recruiting in the fall to get employees for his Downtown firm. He makes job offers and then waits a year for those students to graduate and begin work.
"You have to do that if you want the top candidates," he said.
Accounting graduates are getting multiple job offers within weeks of interviewing, said Tim Harding, director of career planning and development at Butler University.
An increase in the number of businesses nationwide, changing financial laws and regulations and increased scrutiny of company finances have driven the hiring growth.
The Sarbanes-Oxley Act, which forces companies to improve the accuracy and reliability of corporate disclosures to protect investors, is also a factor.
The industry will see 15.1 percent job growth through 2012, adding 381,000 jobs, according to the Bureau of Labor Statistics.
Life sciences is another industry that will see an onslaught of new jobs this year.
Boston Scientific Corp., a developer, manufacturer and marketer of medical devices based in Natick, Mass., increased its hiring by 33 percent at its Spencer, Ind., location, adding 32 in 2004 compared with 24 in 2003.
"We expect that trend to continue through 2005," said Charlie Curtis, a staffing specialist in Spencer. "We are continuing to need to have top engineering talent, both in product and process."
Nationally, there will be 18.3 percent job growth in this industry through 2012 with 630,000 new jobs.
The BLS says continued growth of scientific and medical research, particularly research related to biotechnology, as well as the development and production of technical products drives the industry's hiring increase.
Life sciences is a key presence in the Indiana economy and one that state leaders have said they will rely on to boost the area's job picture.
Building momentum
Karl Meyer expects that 2005 will be a positive year for him. His construction management and general contracting firm in Fishers, Meyer Najem Construction, is reaping the benefits of a building boom.
From the recent announcement of a new football stadium to hospital expansions and airport projects, construction is a hot area of job growth, he said.
"We added 20 percent (staff) last year," said Meyer, the chief executive officer. "From a commercial standpoint, it's very strong. Residential is remaining strong. It's a tight market (for hiring) out there."
Meyer Najem is the company behind the Noblesville and Fishers library projects, work at Major Hospital in Shelbyville and an emergency room addition at Riverview Hospital in Noblesville.
Andrew Habel, 26, is the assistant project manager working at Riverview, which is also adding two office buildings.
He was hired in April, with a degree from Purdue University, and said the job market for construction workers and managers is a good one.
But hot?
"I never heard that before," Habel said. "It makes sense, I guess. Everyone works in a building, and every building is built by a tradesman."
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Copyright © 2010 PrincetonOne
Workplace: hottest jobs of 2005: Health care,
education, leisure areas have sizzle
January 2, 2005
Accounting, construction, IT also top the lists for Indiana
By Dana Knight, Indystar.com
Tomoko Shimano lifts weights, does lunges and sweats for her money as a personal trainer.
Andrew Habel, an assistant project manager, oversees construction of buildings.
Charlie Curtis staffs a medical device company with researchers and engineers.
Three jobs completely unrelated, except for one important factor -- they're hot.
With the state's hiring scene expected to improve slightly in 2005 -- a predicted 1.5 percent to 2 percent increase -- after years of flat job growth, the question becomes where to look. Exactly which jobs will be in high demand this year?
"It's really an interesting thing where we're seeing the big hiring cross all types of industries," said Mark Haering, senior partner at the Indianapolis office of Princeton Search Group, an executive search firm. "It would be tough to say that health care and construction are not the two hottest."
At least in his opinion. Haering, along with other staffing experts and economists, were asked to identify the hottest industries for hiring in 2005.
Among them: health care, education and information technology -- categories that have managed to gain in the past five years despite a bleak economy.
But some new industries also have moved onto the hot job list, including accounting, life sciences and leisure and hospitality.
The demand is setting the stage for a possible labor shortage in a few specialized areas, but only modest employment increases are expected in other sectors.
"The unemployment rate in Indiana is not going to come down very fast (in 2005)," said James Smith, a finance lecturer at Indiana University's Kelley School of Business.
The state's unemployment rate last week was 5 percent and is expected to drop just slightly in 2005 to about 4.8 percent.
"This is a long way from 2 percent, where it was four years ago," Smith said.
Nurses and the faculty needed to teach them are already facing a labor crisis. Accounting managers say other firms are soliciting their employees.
Shimano barely had to job hunt to land her position two months ago at HealthPlex Sports Club and Medical Pavilion in Indianapolis.
Still, she laughs when she's told her job is hot. That's not why she went into the field.
"I was an athlete, and I just really liked anything related to sports," said the 29-year-old native of Japan. "I get to meet new people every day. They really appreciate me helping them. I like that."
Shimano's industry, leisure and hospitality, is expected to add 497,000 jobs nationwide by 2012, a 17.8 percent increase, according to the U.S. Department of Labor's Bureau of Labor Statistics.
Increasing incomes, leisure time and awareness of the health benefits of physical fitness are expected to drive the increase, due in large part to baby boomers' tastes, the bureau said.
Hiring 'boom'
The boomers, people born from 1946 to 1964 and making up 27.5 percent of the population, are a major force behind hiring trends.
The health care industry is already preparing for them, adding beds, building hospitals and hiring radiologists and geriatric nurses.
"Absolutely, the baby boomers are a factor," said Karlene Kerfoot, senior vice president of nursing and patient care at Clarian Health Partners, with 3,500 nurses. "Once you hit, say 60, often that's when some of the chronic illnesses set in, and that's when you start to really use the health care system."
Clarian -- which includes Riley Hospital for Children, Methodist and Indiana University hospitals -- will boost employment by 1,000 at its Indianapolis hospitals and new Carmel hospital this year.
"In terms of hospitals, we have tremendous needs," Kerfoot said. "But nurses are in demand not only in hospitals but in law firms, insurance companies, a lot of different places."
Like in the classroom. With more men and women applying to nursing schools, there is a shortage of faculty to teach courses.
Last month, the American Association of Colleges of Nursing said although enrollments increased in 2004, more than 25,000 applications were denied primarily due to the faculty shortage.
From health to leisure, the boomer nudge is setting in. This middle-aged population has a higher and more disposable income. If they want to take a trip, they can. If they want to eat out, they do.
"We expect real growth (in 2005)" said John Livengood, president of the Restaurant & Hospitality Association of Indiana.
More and more restaurants are opening their doors in Indianapolis and surrounding counties, fueling the need for more workers. And the new Conrad hotel opening next year Downtown will mix a hotel with condominiums.
"They want that to be a 5-star hotel," said Livengood. "You don't build a hotel that gets ranked as 5-star without lots of service, and that's going to mean lots of employees per guest."
Boomers' interest in the health benefits of exercise also is creating a similar job boost in the fitness industry.
"You can't really pick up a magazine or read a newspaper and not see a topic about physical fitness," said Brian Holdsworth, director of health and fitness at HealthPlex.
Holdsworth's fitness crew consists of 15 people. He recently hired three new employees, and he's not done.
"We can always use people with the right fitness experience and education to be personal trainers," he said. "As our membership grows, we have to increase our staffing to continue to provide services."
New growth
Accountants at RJ Pile in Indianapolis are a newly coveted crew. Steve Reynolds, who handles college campus recruiting, hesitates to give names of his employees for fear that a headhunter will try to snatch them away.
Reynolds starts his recruiting in the fall to get employees for his Downtown firm. He makes job offers and then waits a year for those students to graduate and begin work.
"You have to do that if you want the top candidates," he said.
Accounting graduates are getting multiple job offers within weeks of interviewing, said Tim Harding, director of career planning and development at Butler University.
An increase in the number of businesses nationwide, changing financial laws and regulations and increased scrutiny of company finances have driven the hiring growth.
The Sarbanes-Oxley Act, which forces companies to improve the accuracy and reliability of corporate disclosures to protect investors, is also a factor.
The industry will see 15.1 percent job growth through 2012, adding 381,000 jobs, according to the Bureau of Labor Statistics.
Life sciences is another industry that will see an onslaught of new jobs this year.
Boston Scientific Corp., a developer, manufacturer and marketer of medical devices based in Natick, Mass., increased its hiring by 33 percent at its Spencer, Ind., location, adding 32 in 2004 compared with 24 in 2003.
"We expect that trend to continue through 2005," said Charlie Curtis, a staffing specialist in Spencer. "We are continuing to need to have top engineering talent, both in product and process."
Nationally, there will be 18.3 percent job growth in this industry through 2012 with 630,000 new jobs.
The BLS says continued growth of scientific and medical research, particularly research related to biotechnology, as well as the development and production of technical products drives the industry's hiring increase.
Life sciences is a key presence in the Indiana economy and one that state leaders have said they will rely on to boost the area's job picture.
Building momentum
Karl Meyer expects that 2005 will be a positive year for him. His construction management and general contracting firm in Fishers, Meyer Najem Construction, is reaping the benefits of a building boom.
From the recent announcement of a new football stadium to hospital expansions and airport projects, construction is a hot area of job growth, he said.
"We added 20 percent (staff) last year," said Meyer, the chief executive officer. "From a commercial standpoint, it's very strong. Residential is remaining strong. It's a tight market (for hiring) out there."
Meyer Najem is the company behind the Noblesville and Fishers library projects, work at Major Hospital in Shelbyville and an emergency room addition at Riverview Hospital in Noblesville.
Andrew Habel, 26, is the assistant project manager working at Riverview, which is also adding two office buildings.
He was hired in April, with a degree from Purdue University, and said the job market for construction workers and managers is a good one.
But hot?
"I never heard that before," Habel said. "It makes sense, I guess. Everyone works in a building, and every building is built by a tradesman."
Executive Search | Recruitment Process Outsourcing | Contract Staffing | College Recruiting | Site Map
This site is optimized for 1024x768 resolution and Internet Explorer.
Copyright © 2010 PrincetonOne