Industry as an example of area, which according to the beliefs of specialists, belongs to the most crucial in every single economy.

Rising amount of people at present, who tend to have problems referred to finding employment in the profession they have learnt, are mostly unaware of the tendencies that happen contemporarily in modern economy. It is implied by the fact that, above all, due to the visible influence of globalization it is pretty demanding to remain continuously in touch with what’s happening on the markets.

Industry

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That’s the reason why, we are recommended to also realize that in the field of industry something similar might be discovered, as for example increasing amount of mines, factories etc. are either closed or have difficulties with realizing satisfactory sales records that would provide them with a possibility to survive on the market. There are diverse facts that explain this tendency, which should be known especially by those of people, who thinking about entering the labor market in the nearest future.

First and foremost, we are advised to realize that rising globalization means more opportunities for competition between various companies. For enterprises abroad this indicates an opportunity to enter a new market easily, without any higher expenses.

Thus, enterprises, which are the most popular in the field of industry discovered that there are other places than Europe that are far more competitive in terms of for example labor costs. This explains why for example China – a country with a population twice greater than whole European Union, is so common direction in terms of flow of the international capital.

This means that in the future we might expect that due to demographical reasons, more physical-oriented work would be rather done, first and foremost, in China. However, this doesn’t indicate that Europe is in front of great crisis. This rather implies that regards industry on our continent there would be much greater demand for employees with more professional knowledge, who would be responsible for the progress of the technology.