These comments apply to the career grouping of Electrical trades and telecommunications occupations.
Job prospects for this career are rated FAIR because:
For Electrical Trades And Telecommunications Occupations, over the period of 2011-2020, job openings are expected to total 86,458. It is expected that 71,450 job seekers will be available to fill these job openings.
Job openings will arise mainly from retirements. Since workers in this occupation generally retire earlier than those in other occupations, the retirement rate in this occupation will be above the average. Over the 2011-2020 period, economic growth will result in fewer new jobs than over the previous ten years.
Over the 1999-2008 period, this occupation was able to profit from major investments in the construction industry. However, the recent economic recession clearly slowed down employment growth at the start of the projection period. This growth will resume in 2011.
New graduates will replace those who leave for another occupation because of the slowdown of investments in residential and non residential construction. This situation is quite different from the one experienced during the 1999-2008 period, when many workers came from other occupations to take advantage of the high demand in this sector.
Job Seekers: 71,449
Job Openings: 87,923
Job prospects for this career are rated Good