- Health care. �You can�t go overseas to see a doctor or nurse or get physical therapy,� Challenger points out. The aging of America�s population makes health care a good long-term career bet, he adds, singling out medical transcription and nursing as two particularly hot areas.
We have heard in a number of news stories that people are seeking medical/dental care overseas because of the high costs here. Even medicines are being bought(from Canada). One Indian lady it seems went to India to for her delivery (ignoring the citizenhip benefits in the US), because it was much cheaper,and she thought the care was better there. I agree there are still some areas where a direct contact will always be required.
- Other in-person services. These are the jobs, like those in health care, that require a face-to-face interaction between provider and client. They are spun off by almost every human activity and interest. Teaching and training �of all kinds� constitutes one potential growth area, Challenger says, because �education is being thought of as more of a life-long thing.�
In education, today there are enough in technology to teach to a global audience. The initial outlays for such may still be prohibitive for firms in India, but I would venture that this will not be far fetched in the future.
Real estate. Just as land is not exportable, neither are many of the activities involved in its development. In addition to real estate service, the category also includes residential and commercial construction and the burgeoning home-improvement industry.
For the most part yes. But property management, (commercial PM) can be effectively managed by companies overseas thru technology. If I am not mistaken many Japanese real estate companies with holdings in the US manage form Japan itself.
- Financial services. As usual, it makes sense to follow the money. America�s vast capital holdings have spawned entire industries dedicated to their preservation and growth. Like the money itself, the jobs associated with it will be kept at home.
Not true: Today, many Indian companies (Price Waterhouse and others) do corporate taxes, financial projections, even electronic payroll disbursements for US companies.
I would think that hi-tech jobs or jobs which can be accomplished with the help of technolgy will to some extent go overseas.
In any case, thanks again for the article.
Ram da
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