Thursday, 14 February 2013

Jobs that have bright outlook in Milwaukee



Milwaukee is known as a commercial and industrial hub for the Great Lakes region and is also home to six Fortune 1000 manufacturers, banks, diversified service companies and insurance firms. The economy is conquered by small- to medium-size firms. Milwaukee is well-known for a well educated workforce with a strong work ethic.

Major Industries 

This city is engaged largely in the manufacture of machinery, differing to Milwaukee's status as a brewery capital, where less than one percent of the city's industrial output is allied to brewing. In last few years, it has earned repute as an axis for precision manufacturing. It dominates the nation in the production of X-ray equipment, industrial controls, steel foundry parts and mining machinery. This region is also into printing and publishing, home to more than 11 percent of the top 70 printing companies in North America. Publishers and printers collectively employ more than 21,000 people which are about 2.5% of the workforce.

Service Industry

Professional and managerial positions are the fastest-growing careers in Milwaukee, employing almost 27 percent of the workforce. Service businesses compose the largest sector of the local economy and health care related job opportunities result for about 27 percent of service sector jobs. Other major areas of service employment include 27 percent of business services, 7 percent educational services and 10 percent of social services. 

Located in Milwaukee County, Wisconsin's technology industry staff employs more than one-third employers of hi-tech jobs.

Tourism

Tourism is also a chief contributor to the local economy. Milwaukee hosts many festivals and parades right through the year and is home to nationally familiar museums, zoos, professional sports teams and entertainment venues. On the whole these attractions bring more than 5 million tourists and generate $1.9 billion annually.

Because of its location nearly 66 million people and one-third of U.S. manufacturing output is within 600 miles of the city and is a main commercial shipping hub. Private business steers the city's economy with less than 11 percent of the employees working in the public sector.

While manufacturing is a strong factor contributing to the city's economy, service jobs in Milwaukee have revealed the most growth in recent years.

Though jobs in Milwaukee ranks slightly below the national average in pay levels for most occupations, the city's diverse economy and strong work ethic has aided in keeping area’s unemployment under the national average.

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