President Obama is calling it the American Recovery and Reinvestment Act--the $787 billion he plans to invest in the country. He could give everyone about $2,500 so that they could invest it (and then lose it again), or he could improve the nation’s infrastructure while creating jobs.
Obama chose the latter and thus, certain industries will benefit more than others. Six job types are thought to benefit the most.
1. Construction - e.g. skilled laborers
2. The Green Sector - e.g. installers of solar panels
3. Medical Information Technology - e.g. hardware and software companies
4. Education - e.g. teachers
5. Energy and Utilities - e.g. regulators hired by public utility commissions
6. Federal Government - e.g. accountants and administrators
Photo by bucklava (Flickr)
Stimulus Plan Benefactors
6 Job Types to Benefit From American Recovery & Investment Act
Trend Themes
1. Construction - Disruptive innovation opportunity: Exploration of sustainable construction practices and materials.
2. Green Sector - Disruptive innovation opportunity: Development of advanced renewable energy technologies for widespread adoption.
3. Medical Information Technology - Disruptive innovation opportunity: Creation of innovative healthcare software solutions for improved patient care and efficiency.
Industry Implications
1. Construction - Disruptive innovation opportunity: Incorporation of automation and robotics to streamline construction processes.
2. Green Sector - Disruptive innovation opportunity: Integration of Internet of Things (IoT) technology to optimize energy consumption and reduce waste.
3. Medical Information Technology - Disruptive innovation opportunity: Implementation of blockchain technology for secure and interoperable medical data management.