WHAT TRENDS ARE SHAPING TODAYS LABOR MARKET

A LARGER MORE DIVERSE LABOR FORCE

• The labor force is something that consists of people age 16 and over who have jobs or are looking for jobs.
• By 2006 the labor force had grew around 30 billion
• By 2006 the labor force had grew around 30 billion
• The key reason in the growth of the labor force has been more people trying to find jobs to work.
• In 2007 the labor force was made by 47 percent of women
• In 2007 the labor force was made by 47 percent of women

A SHIFT FROM MANUFACTURING TO SERVICE JOBS

• Since 1970 the growth has been in the service producing sector.
• Widespread use has been the reduction of employment in manufacturing
• Cost reduction has driven part of the recent loss of U.S. manufacturing.
• Americans will perform job in future based on long term trends.

GROWING IMPORTANCE OF KNOWLEDGE WORKERS

• It is likely to become a more decisive factor.
• Is the key to growth in the world and economies.
• Industries usually tend to workers with more proportion.
• Knowledge is important cause it give origanzation more growth prospect.

INCREASED OUTSOURCING,TEMPING AND TELECOMMUNICATING

• workers in the United States find themselves excluded from the category of "employee"
• Teleworkers work at home .
• Use various forms of technology to work from where they want to work at.
• In the Middle East and asia nearly 10 percent work from home every day.

OFFSHORING,INSHORING AND FOREIGN COMPETITION

• Flows important goods from country to country.
• Firms may take advantage of gains from division of labor.
• Due to this problems have been turned to offshoring.
• Many adapted their firms to be able to stay competitive.