Industry as an example of field, which according to the thoughts of professionals, belongs to the most crucial in each economy.

Growing percentage of people currently, who tend to have problems connected with finding employment in the profession they have learnt, are often unaware of the tendencies that happen these days in modern economy. It is connected with the fact that, above all, thanks to the visible impact of globalization it is relatively difficult to remain constantly in touch with what’s happening on the markets.

Industry
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That’s the reason why, we ought to also keep in mind that in the topic of industry something similar can be discovered, as for example increasing number of mines, factories etc. are either closed or have difficulties with reaching satisfactory sales results that would allow them at least to survive on the market. There are diverse arguments that explain this tendency, which should be known especially by those of us, who thinking about entering the labor market in the closest future.

Firstly, we should realize that increasing globalization means more opportunities for competition between various companies. For enterprises from foreign countries this implies a chance to enter a new market easily, without any greater expenses.

Therefore, companies, which are the most popular in the sphere of industry discovered that there are other places than Europe that are far more competitive concerning inter alia labor costs. This explains why inter alia China – a country with a population twice bigger than whole European Union, is so popular direction regards flow of the worldwide capital.

This means that in the future we can expect that owing to demographical reasons, more physical-oriented work would be rather done, above all, in China. On the other side, this doesn’t imply that Europe is in front of great crisis.

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This rather implicates that regards industry on our continent there would be significantly bigger demand for employees with more professional knowledge, who would be responsible for the development of the technology.
2020/07/10, 08:11:03
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