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2013 job market predictions

Posted on December 24th, 2012 Read time: 1 minutes

The employment rate has dropped to 7.7 percent, according to Reuters and the job market is expected to experience modest growth in 2013. While one out of every six Americans is out of work, Apollo Research Institute has released its forecast for employment in the coming years. HR administration professionals and business owners may consider how these predicted changes in the economy affect their company.

1. Six sectors will see the most growth. While healthcare is the fastest growing sector in the nation, nonprofits will need as many as 80,000 senior managers by 2016, according to Apollo. The four other industries expected to surge are business, education, IT and manufacturing.

2. Women will continue to experiencing career shifts. While 58 percent of women see their career path as "nonlinear," 90 percent of female executives and managers change careers midlife.

3. Job applications will face stronger scrutiny. Hiring professionals are cracking down on fact-checking and social media background inspections to catch phony information, which exists on 40 percent of job applications, Apollo states.

4. Work and education will converge. More companies are competing for skilled workers, which encourages job seekers to beef up their resumes with more credentials, certificates and training.

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