Rising number of people these days, who tend to have difficulties referred to finding employment in the profession they have learnt, are mostly unaware of the tendencies that happen nowadays in modern economy. It is connected with the fact that, first and foremost, thanks to the visible impact of globalization it is pretty difficult to remain continuously in touch with what’s happening on the markets.
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Hence, we are recommended to also keep in mind that in the topic of industry something similar may be discovered, as inter alia more and more mines, factories etc. are either closed or have difficulties with realizing satisfactory sales results that would allow them at least to last on the market. There are several arguments that explain this tendency, which ought to be known especially by those of people, who thinking about entering the labor market in the closest future.
Firstly, we ought to keep in mind 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 quickly, without any higher expenses.
Therefore, enterprises, which are the most popular in the area of industry discovered that there are other places than Europe that are substantially more competitive concerning inter alia labor expenses. This explains why for example China – a country with a population twice greater than whole European Union, is so common direction in terms of flow of the international capital.
This proves that in the future we might expect that due to demographical reasons, more physical-oriented work would be rather done, first and foremost, in China. Nevertheless, this doesn’t indicate that Europe is in front of great crisis. This rather implies that regards industry on our continent there would be substantially bigger demand for employees with broader knowledge, who would be responsible for the development of the technology.