Wednesday, November 24, 2010

10 High-Paying Careers with No Future

Disappearing Jobs: 10 High-Paying Careers with No Future
by Louise Tutelian | Nov 19, 2010

It may come as no surprise that the job of newspaper reporter is going the way of the buggy whip maker — but the forces of modernity have placed some unexpected occupations on the endangered species list as well. Using statistics from the Bureau of Labor Statistics’ Occupational Outlook Handbook 2010-2011, we identified 10 of the most surprising job categories whose numbers are projected to shrink in the coming years, plus a few that will grow so slowly that you might as well be sending your resume to Irish banks.

Judge
Politicians can argue whether the best quality for a judge is empathy or an ability to call balls and strikes, but here’s a different perspective: What you really need is patience. By 2018, the BLS predicts that there will be 700 fewer jobs for judges, magistrate judges, and magistrates, than there were in 2008, thanks mainly to budget cuts. And since the average tenure for a judge is 14 years, turnover is glacial. “Years ago, some left to become general counsel in the private sector, where they could triple their salary, but since the economic downturn, they’re staying longer on the bench,” says Tamara Dillon, who researches the occupation for the BLS.

Fashion Designer
Call it Project Turnaway. By 2018, only 200 more designers will find work in a field that employed 22,700 people as of 2008. That’s about 2 percent of the number who applied to become Project Runway contestants in 2009, estimates Carol-Hannah Whitfield, who was a finalist on the show that year. “The world doesn’t need another designer,” Whitfield says.

Insurance Underwriter
Blame it on the software. New programs allow underwriters to take on three times as much work as in the past, collapsing the need for more hires. As a result, the BLS projects that the number of people employed in the field will decline by 4 percent, or 4,300 jobs, by 2018. “[The underwriter] just punches in data, and it spits out, say, whether a potential homebuyer is approved or not,” says Henry Kasper, supervisory economist at the BLS. Growth in the insurance industry isn’t exactly exploding either, further undermining the career outlook for underwriters.

Travel Agent
Call it the Attack of the Roaming Gnome: Online sites such as Travelocity, Priceline.com, Expedia, and Orbitz have decimated the ranks of travel agents as consumers increasingly book their own trips. The BLS expects 1,200 fewer travel agents to be employed in 2018 than in 2008. And the number of traditional travel agencies has been sliced in half — from a peak of 44,000 in 1997 to about 20,000 today, according to Douglas Quinby of PhoCusWright, a travel industry research company based in Sherman, Connecticut.

Newspaper Reporter
Read it and weep: According to the BLS, a whopping 4,400 jobs will disappear by 2018 (out of 69,400 total in 2008). That’s more than three times the number of newsroom employees at The New York Times. The bad news for print can be summed up in one word: Internet. “Some of the print people are finding jobs online,” says Lauren Csorny, an economist at the BLS. “But there aren’t enough to make up for the losses.” No wonder that newspaper reporters ranked No. 184 out of 200 jobs, one slot above stevedore, in CareerCast.com’s annual JobsRated survey.

Broadcast Announcer
The play-by-play for this occupation isn’t pretty. Consolidation has eliminated many jobs already, and technology is hijacking off-air tasks, such as editing, once performed by announcers (and future announcers paying their dues). Add the increased use of syndication and the growth of satellite radio and the picture is even bleaker. By 2018, broadcasting is expected to lose 2,400 radio and TV announcer jobs.

Plant Manager
Automation and offshoring will decimate the ranks of production managers by 2018. According to the BLS, employment will drop by 11,900 jobs from a 2008 total of 156,100. With faster machines and better productivity, one plant can do the work of two, squeezing managers out. Increased imports of manufactured goods will do additional damage. With 50 percent of the textile industry moving off-shore, for example, half the plant managers in that sector are at risk of losing their jobs. The outlook is equally bleak for managers in the computer, electronics, and auto parts industries.

Chemist
Nearly half of all chemists are employed in manufacturing firms — plastics, pesticides, and paint, to name a few. And that’s a bummer for them, because manufacturing companies are continuing to outsource their R&D and testing to small, specialized firms, cutting job opportunities for in-house chemists. The profession lost 42,000 jobs from 2008 to 2009, according to Chemical and Engineering News, and the BLS projects only a 2 percent rise in the total number of chemists employed by 2018.

Economist
The Federal government is the largest employer of economists in the country. More than half — 53 percent — of all economists in the U.S. work for declining government sectors, so Uncle Sam’s not hiring a lot of economists just now. “Econ” is a hot college major, but most of those newly-minted grads won’t find work as traditional economists. Instead, they’ll end up in niche sectors in business, finance, insurance, and education. Those set on working as conventional economists better have a Plan B, or a Plan Ph.D, because they’ll need one. The economists at BLS do tell us that by 2018, an additional 900 economists will be employed — so the outlook is not as dismal for dismal scientists as it is for, say, travel agents. But if current trends continue, the future isn’t promising. “You look at the last 10 to15 years and it has been flat,” says Henry Kasper of the BLS. “There’s little reason to think it’s going to get better.”

CEO
OK, it’s not a profession, but it’s worth keeping in mind if you aspire to the corner office: Mergers and streamlining will make the climb to the top harder than K2, as companies combine and jobs are eliminated. The BLS projects that there will be 5,500 fewer CEOs by 2018. To boost your odds, consider Rosetta Stone; CEO candidates should be fluent in at least two languages, says Patricia Tate of the BLS. So if you speak Spanish, Arabic, or Chinese, fĂ©licitations.

MY THOUGHTS

i have to agree with this article. mainly because the world is changing so fast and everyone's expected to jump on the 'change wagon' or get ditched forever. this year, i had to take approximately 50 local flights. only 2 of these flights were booked thru an agent. and only because i was too busy to do it myself on the net. i agree that the plant manager and the ceo jobs will be less and less. personally i prefer to work only with 2 super excellent staff than with 4 people who have made mediocrity their way of life. technology will get better and better. when i was a kid, i spent time talking to our neighbor who gets paid to do our laundry. now, i talk to our washing machine. i wouldn't be surprised if my former classmate who does my nails will find herself jobless years from now. becuase all i need to do is put my nails on a machine then dip them on a can of nail polish and voila - instant manicure and pedicure.

Saturday, November 13, 2010

Finding a Job: Know the Interview Questions

The 7 Interview Questions You Must Ask
By Brian Libby | February 27, 2007

There are no magic bullets when it comes to job interview questions, but the way you structure your queries is important: It's the interviewer's job to create a framework for the discussion and prevent it from running off the rails. Every company's needs are different, but a good basic strategy is to ground the interview in questions about past job performance. Then throw in some situational questions to evaluate practical decision making, and learn a little bit about how the job fits in with a candidate's biography.

Question #1: "How about those Yankees?"
Purpose: Develop the rapport needed to get the interview off the ground.

Every interview should begin with an icebreaker. It helps nervous applicants calm down and builds a sense of trust. If you have a 45-minute interview, you should spend at least the first five minutes trying to connect on a neutral topic. Make the person feel at ease and you'll solicit better information—and much more honest responses.

Alternate Version 1: "Did you go to the industry conference last week?"

Alternate Version 2: "Were you affected by the heat wave/cold snap?"

Alternate Version 3: "Did you have a good holiday?"

Question #2: "Talk about a time when you had to overcome major obstacles."
Purpose: Get a clear picture of the candidate's past performance.

Variations on this question should actually comprise your next several questions. Don't hesitate to guide the candidate through the variety of tasks (both tangible and theoretical) necessary to perform the job, and listen carefully to how he or she has handled such challenges. Pay attention to intangibles: some people are better at performing in interviews than on the job. If your candidate continually plays the role of hero or victim, that's a red flag that you're probably not getting the whole story.

Alternate Version 1: "Tell me about a time when you wrote a report that was well received. Why do you think it was successful?"

Alternate Version 2: "Describe a time when you hired (or fired) the wrong person."

Alternate Version 3: "If you had to do that activity again, how would you do it differently?"


See Also: How to Conduct a Job Interview

Question #3: "What interests you about this position?"
Purpose: Find out how the candidate feels about the job and the company.

People apply for jobs for plenty reasons besides the obvious ones. Asking a candidate why he or she wants the position gives insight into their motivation. The answer may be personal (such as a narrative about what spurred them to seek a new job), or it may connect the candidate to the company: her experience with the brand, the mission statement, or the organization's role in the community. Any of these answers (or some combination) are acceptable—a personal answer can communicate trust, and a connection to the business indicates loyalty and a sense of ownership.

Alternate Version 1: "Where does this job fit into your career path?"

Alternate Version 2: "If you had to convince a friend or colleague to apply for this job, what might you tell them?"

Alternate Version 3: "What motivated you to apply for this job?"

Question #4: "Is there intelligent life in outer space?"
Purpose: Find out what kind of thinker the candidate is and how he deals with surprises.

This is your curveball, designed to make the candidate ad-lib instead of just reciting well-rehearsed answers. How much will he or she play along? As long as it's not too short or too long, virtually any response is a good one. But pay attention to attitude, the way the candidate approaches the problem, and the ease or difficulty they have in coming up with a response.

Alternate Version 1: "How many phone books are there in New York City?"

Alternate Version 2: "How do they get the cream filling inside a Twinkie?"

Alternate Version 3: "Why do people climb mountains?"

Question #5: "Imagine we've just hired you. What's the most important thing on your to-do list on the first day of work?"
Purpose: Learn about the candidate's judgment and decision-making skills.

This is an example of a situational question, which is like a behavioral question in that it's designed to assess judgment, but it's also like a curveball question because it illuminates the candidate's thought process. You want to see whether he demonstrates the competencies and priorities that are important to the job.

Alternate Version 1: "Say a coworker tells you that he submitted phony expense account receipts. Do you tell your boss?"

Alternate Version 2: "How would you handle an employee whose performance is fine but who you know has the potential to do better?"

Alternate Version 3: "What would you do if you got behind schedule with your part of a project?"

See Also: 10 Mistakes You’re Probably Making in Job Interviews

Question #6: "Why did you get into this line of work?"
Purpose: Measure the fit between the candidate's values and the culture of your company.

It risks a long, drawn-out answer, but this type of question will help you select candidates that fit your company's culture. It's not about finding people like you, or people with similar backgrounds that led them to your company, but about getting a sense of their values and motivations. Concepts like values and culture can be subjective and difficult to define, but you should be looking for someone whose work ethic, motivations, and methods match the company's. This isn't a quantitative measurement so much as a qualitative one. Coke and Pepsi may seem the same to people outside the soft-drink industry, but each houses people with different approaches to making cola and running a business.

Alternate Version 1: "What do you like best about your current job?"

Alternate Version 2: "When did you realize this would be your career?"

Alternate Version 3: "What keeps you coming to work besides the paycheck?"

Question #7: "But enough about you. What about us?"
Purpose: Find out if the candidate has done his or her homework.

It's a cliché to end an interview with the standard, 'So, any questions?' But the fact remains that you really do want to let the candidate ask a few things of you. Reversing roles communicates that the company seeks an open a dialogue, and it helps you ascertain just how curious and knowledgeable a candidate is about your company. If he doesn't ask any questions about the job or the business, it's a safe bet his heart isn't in it. Listen for insightful questions that demonstrate a sophisticated understanding of the circumstances of the job, the company, the competitive landscape, or the industry.

Alternate Version 1: "Where do you think the company should be in ten years?"

Alternate Version 2: "What's your opinion of our new product?"

Alternate Version 3: "Have you seen the company's new ad campaign?"

MY THOUGHTS

people looking for jobs should read this article. it tells them what a good company is looking for and how a really good interviewer would throw the questions to make a most objective assessment.i read somewhere that most decisions are made during the first few minutes of the interview.i've learned as much from experience. of the hundreds of people i've interviewed my decision not to hire came after 1 or 2 questions. so,if you're not going to make it, you probably won't makeit past question #2.