Yesterday, I finally to the time to watch the Obama inauguration on YouTube (I missed it live). As I sat there listening to that finely written and awe inspiring speech, I realized that there is a hidden job market about to reveal itself over the next several weeks, in Canada and the US.
Tomorrow, both Harper’s Conservative government (CAN) and the Obama administration (US) will be presenting their 2009 budgets to their respective legislative assemblies.
Unless you’ve been living in a cave, or can no longer afford any access to the news (the Metro newspapers count too!) you’ll have learned that the federal government plans to spend Canada out of a recession with a budget rumoured to go over $30 Billion in the red. Meanwhile, President Obama is hoping that congress will approve a $825 billion economic stimulus package (in addition to the $700B that WallStreet borrowed) which he hopes will create up to 4 million jobs over the next two years.
What does this mean for you? Due to the special trading relationship between the United States and Canada, both these countries face similar problems. If you are looking for a new job you cannot ignore the economic situation in one country without detriment to your job search. Both these governments have specific philosophies on how to spend our hard earned tax dollars, and will invest in industries that best reflect their political ideologies.
We have seen both administrations push to prop up the automotive sector, but this is NOT a booming industry and should be avoided like the plague. On the other hand, I have identified 5 key industries that will be heavily invested into by the Federal governments, which for the purpose of this blog can only mean one thing…MORE OPPORTUNITIES FOR YOU!
Check out the rest of my post at www.beyond.jobs
, i just posted it today.