Growing percentage of people nowadays, who tend to have complications connected with finding employment in the profession they have learnt, are often unaware of the tendencies that happen at present in modern economy. It is indicated by the fact that, firstly, owing to the visible impact of globalization it is pretty difficult to remain continuously in touch with what’s happening on the markets.
That’s the reason why, we are recommended to also be aware of the fact that in the sector of industry something similar can be observed, as inter alia more and more mines, factories etc. are either closed or have difficulties with achieving satisfactory sales results that would allow them at least to last on the market. There are various arguments that explain this tendency, which ought to be known especially by those of us, who thinking about entering the labor market in the closest future.
Above all, we should not forget that increasing globalization means more opportunities for rivalry between diverse companies. For brands from foreign countries this implies a chance to enter a new market easily, without any higher expenses.
As a result, companies, which are the most popular in the sphere of industry discovered that there are other regions than Europe that are substantially more competitive concerning for example labor expenses. This explains why for example China – a country with a population twice bigger than whole European Union, is so popular direction in terms of flow of the worldwide capital.
This implies that in the future we are likely to expect that owing to demographical reasons, more physical-oriented work would be rather done, first of all, in China. On the other side, this doesn’t indicate that Europe is in front of great crisis. This rather means that regards industry on our continent there would be far greater demand for employees with extended knowledge, who would be responsible for the growth of the technology.