RIF Right, Part I
One employment law area that continues to generate lots of activity and questions is reductions in force (RIFs).
Obviously, some professions were hit harder by RIFs than others. Ever wonder which jobs took the biggest hit? The Bureau of Labor Statistics (BLS) recently issued statistics on the jobs that suffered the biggest losses in ’09. Here are the results, some of which might surprise you.
2009′s BIGGEST JOB LOSSES
- Architects. Approximately 40,000 architect jobs were lost in the past year, a 17.8% drop. The good news? The BLS projects that architecture jobs will grow by 10% in the next decade.
- Carpenters. 17% of carpenter jobs — almost 270,000 — disappeared in ’09. But there’s good news here, too: the carpentry trade is projected to grow by about 13% in the next decade.
- Production/Assembly. Production supervisor and assembly worker jobs dropped almost 16% from their already almost-unprecedentedly-low numbers. And the bad news is expected to continue: losses in this sector are expected to continue.
- Pilots. Pilot employment dropped more than 30% in the most recent quarter for which there is data (Q3) alone. If the economy improves, air travel should jump, which is good news for pilots.
- Software Engineers. Perhaps the most surprising entry on the list, U.S.-based software engineers were hit hard by offshoring, experiencing a 10% decline. However, the BLS projects that this sector will grow twice as fast as the average in the next decade.
- Mechanical Engineers. 53,000 mechanical engineer jobs were lost, but the BLS projects 6% growth in the next decade.
- Construction. The housing decline resulted in the loss of about a quarter of a million construction jobs. The outlook? Federal programs and tax breaks designed to increase energy-efficient upgrades are anticipated to propel 20% job growth in the next decade.
- Tellers. Tellers faced a 12% drop from already-low numbers brought on by online banking and ATMs. The BLS projects a 6% increase in the next decade.
- Accounting. 185,000 accounting clerk jobs were lost the past year. Increased regulation is expected to result in close to 300,000 new jobs over the next decade, more than making up for the loss.
Tomorrow, we’ll give you our patented tips for managing RIFs and other not-so-fun downturn-related activities.














