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Job Outlook 2008: Places With the Most Promise

Fox Business, 12/21/07

Abstract:

Like the weather, job forecasts are largely local. If you're sitting in Detroit, your options are going to be vastly different than if you live in Orlando, Fla....

...Overall, the country's job market is slowly growing. From October 2006 to October 2007, the country's job market increased 1.2 percent, according to numbers from the Department of Labor's Bureau of Labor Statistics...

...The impact of retiring baby boomers is another big question mark for the job market.

Some believe that boomers, blessed with a longer life span than their parents and grandparents (along with shrinking savings and pensions), may not exit the job market as soon as expected...

...Others expect that as boomers retire and a smaller generation takes their places, that will exacerbate the competition for highly skilled employees.

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