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2010 Growth Industries and Trends

May 14, 2010

Changes in politics, economics and demographics bring about new trends, or propel existing ones, and all of these shifts create business opportunities. Of course, The Great Recession has rendered many people jobless and it has done a number on “blue collar” work.  In fact, at a speech at Spelman College in Atlanta, Georgia, on Wednesday, May 12, 2010, Sara Manzano-Diaz, director of the Women’s Bureau at the U.S. Department of Labor, said that “blue collar” work will soon be a thing of the past.

The writing is on the wall and people around the world get it.  There has been an explosion in global entrepreneurial activity and more people throw their hat in the ring everyday. In fact, Entrepreneur Magazine reported that results from the Challenger, Gray & Christmas job market index revealed that 8.7 percent of job seekers in America gained employment by starting their own businesses in second quarter 2009—substantially higher than the record low of 2.7 percent during the fourth quarter of 2008.

Of course, one of the first questions new, or revisiting, entrepreneurs ask is: What kind of business do I start?  And a key to that is knowing where the opportunities are. They shift annually, with some trends from previous years sticking around, and new ones coming to the fore.

I have compiled a list of growth industries and trends that may help you on your business journey this year: 2010 Growth Industries and Trends Info Sheet.

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