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    •  A smart pig on a stack of books
    • Looking for a job? Check these industries

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      Whether you're a recent college graduate looking for a full-time job, a current employee hoping to change professions or someone in need in of a part-time gig to supplement your income, the U.S. job market is getting better. The nation's economy added 295,000 jobs in February after posting 3.3 million jobs in 2014, according to the U.S. Bureau of Labor Statistics.

      "We have the wind at our back and confidence across so many sectors of our economy," said Tom Perez, the U.S. Secretary of Labor.

      If that's not enough to raise consumer confidence, wages should see a similar boost if available jobs keep on soaring. Jim O'Sullivan, chief U.S. economist at the research firm High Frequency Economics, told CNN wages should increase if unemployment levels stay below 5.5 percent.

      "That's still the weak part of the report," O'Sullivan said. "It's not unreasonable to think at some point in the next year, we're going to get more clear cut wage acceleration."

      "We expect the housing market to improve this year," David Nice, an economist in Chicago, told Reuters. "It is only a matter of time until the improved jobs market has a positive effect on the housing market. We are betting that first-time buyers return this year."

      Here's a look at some of the industries that are helping the economy. Those looking for employment or working hard to save up for mortgage loans should consider some of these fields if they are currently struggling to find a job:

      Accounting, law and engineering are big
      College students graduating with a degree in service economy - law, engineering or accounting - are more likely to find work than some of their graduate studies and undergrad counterparts.

      More than 700,000 service jobs were added in 2014 and another 51,000 new jobs were posted in February 2015. CNN reported the majority of these jobs offer solid starting wages, which could spur working Americans to make strong investments in a home or small business. The service sector should continue its robust role in the coming years.

      Manufacturers exude optimism
      The manufacturing industry is expecting 2015 to be a relatively strong year for hiring, according to a recent survey from the National Association of Manufacturers and IndustryWeek.

      The survey stated 1.9 percent of manufacturers predict hiring practices to escalate in the next 12 months, while fewer expect hiring to decline.  More than 14 percent of manufacturers expected hiring to decline in December 2014. That number fell to 6.9 percent in March 2015.

      Additionally, many manufacturers appear ready to open up their wallets. Nearly half of all respondents planned to spend more capital over the next few months, and 30 percent stated they expect increase spending by 5 percent or more.

      Industry Week stated this shows manufacturers are willing to invest in growth, although many that are planning to do so are larger manufacturers. Large ventures are slated to boost their investments by  an average of 2.8 percent through the next 12 months, while smaller manufacturers - those with less than 50 employees - should increase investments by an average of 1.3 percent.

      The food industry is coming on strong
      As craft beer continues enter mainstream America, many breweries and brewpubs are opening, spurring jobs in the food sector. The BLS reported 450,000 jobs were added by the food industry in the last year, with 59,000 jobs being added in February alone.

      Bloomberg View reported the number of people employed at restaurants and bars has almost doubled since 1990 despite there being the same amount of food and beverage shops.



    • The information provided in these articles is intended for informational purposes only. It is not to be construed as the opinion of Central Bancompany, Inc., and/or its affiliates and does not imply endorsement or support of any of the mentioned information, products, services, or providers. All information presented is without any representation, guaranty, or warranty regarding the accuracy, relevance, or completeness of the information.