Soaring oil prices, the debut of the iPhone, the mortgage crisis, and toy recalls: Those were the trends and events of 2007 that will more than likely affect the hiring landscape in 2008.
The price of gasoline
In response to rising gas prices, you will be seeing the appearance of a lot of companies that offer alternative-energy solutions. According to an article in the Courier-Journal, these companies are "seeking mainly management, operations, technology and research and development professionals from parallel industries since alternative energy is so new and few candidates are expected to have direct experience."
Introduction of iPhone
Maybe the event that most affects the IT pro job lookout is the introduction of the iPhone as well as Microsoft's plans to purchase a 1.6% stake in Facebook Inc., an act that for many, solidify online social networking as a more than just a passing trend. This means there will be a demand for web developers skilled in creating apps for mobile advertising and social networking. Some experts claim the demand will be at every level, from $45,000 for recent college graduates to over six figures for senior developers.
[An interesting side-bar to the discussion about hot jobs is that you can expect to see a dramatic decrease of demand for people to fill last year's hot jobs because there's more than enough to fill the demand. These include those skilled in search engine optimization and those skilled at developing tools for doing business online.]
The experts say you should expect to see layoffs in mortgage, real-estate and home-construction companies, but an increase for those who are experts at risk management and compliance issues as lending institutions develop departments aimed at offsetting such problems created by the high rate of subprime adjustable-rate mortgages.
You would think that with so many toy recalls happening to toys manufactured offshore, that the movement would be to create more manufacturing facilities in the U.S, but that's not the case. But if you're a quality-assurance manager or engineer who has been responsible for ensuring that products meet proper specifications, things look a little rosier. Quality-assurance jobs pay annual salaries ranging from $60,000 for professionals with a minimum of five years of experience and $80,000 for workers with 10 to 15 years of experience.