As more industries rely on technology for a competitive edge and staying power, it is no surprise that the job market in the U.S. has seen an increase in positions in the tech realm. Specifically, there is a need for people in the STEM (science, technology, engineering, and math) fields.
It's expected we will see hiring in the financial sector slow down once again. This is due to the recent IL&FS crisis that immediately showed a decline in finance companies' and the banking industry's recruitment efforts.
Jobs on the decline have professionals scrambling for available positions that may require continually more stringent requirements for dwindling pay.
A significant pay gap remains between the genders according to a recent study. Inequitable pay between men and women exists across the board in all U.S. industries.
Coastal metropolitan areas with diverse populations, such as Los Angeles, San Francisco, and New York, are often the cities mentioned when college seniors are asked where the finest jobs are located.
However, according to economic development data, today’s true hotbeds of economic activity are actually in smaller cities located away from the coasts.