Growing amount of people at present, who tend to have complications connected with finding employment in the profession they have learnt, are in most cases unaware of the tendencies that happen at present in modern economy. It is connected with the fact that, first of all, thanks to the visible influence of globalization it is pretty complicated to remain regularly in touch with what’s happening on the markets.
As a result, we should also be aware of the fact that in the field of industry something similar can be found out, as inter alia more and more mines, factories etc. are either closed or have complications with realizing satisfactory sales records that would allow them at least to last on the market. There are various reasons that explain this tendency, which ought to be known exceptionally by those of people, who thinking about entering the labor market in the closest future.
First and foremost, we ought to not forget that growing globalization means more opportunities for competition between different enterprises. For companies from foreign countries this indicates a chance to enter a new market simply, without any higher expenses.
Thus, companies, which are the most popular in the topic of industry discovered that there are other places than Europe that are significantly more competitive in terms of for example labor costs. This explains why for instance China – a country with a population twice greater than whole European Union, is so common direction regards flow of the worldwide capital.
This means that in the future we can expect that thanks to demographical reasons, more physical-oriented work would be rather done, first and foremost, in China. Nonetheless, this doesn’t imply that Europe is in front of great crisis. This rather implicates that regards industry on our continent there would be much greater demand for employees with extended knowledge, who would be responsible for the progress of the technology.