With the closure of hundreds of Chrysler and GM dealerships across the country, there are going to be thousands of folks joining the ranks of the unemployed. And its not just dealers that will be out of work. Decreased demand and closures will have a rippling effect throughout the workforce as parts manufacturers, detailers, shippers, and other ancillary automotive support industries are pared back in tandem with the closures. Even non-automotive industries will suffer from the maleffects of these closures. I know that the bagel shop, newsstand and lunch counters adjacent to my local automall will all be suffering from fewer salesmen, mechanics, detailers, etc., there each day to buy coffee, newspapers, lottery tickets, bagels and lunches.
The sad part is, many of these jobs will be lost for good. When manufacturing plants close, and large numbers of skilled workers are dumped into the labor pool, it is near impossible to find new positions for these workers. These jobs simply dry up. As painful as this is, it is this function of the business cycle that prompts displaced workers to seek training in industries where there is greater opportunity for growth and job stability.
Traumatized by the loss of a lifelong career path, folks seeking job training typically seek fields that they believe will insulate them against falling victim to this kind of cataclysmic collapse ever again. The medical billing and coding field is a natural match for those seeking to retrain and redeploy into a growing field. With the Baby Boomer generation entering retirement age, the need for healthcare is projected to continue to rise dramatically. As the population continues to age, the security in this field should rise in direct correlation.
So if you’re a victim of the collapse of the US auto industry, you might consider a new career in a secure and growing field. We are sorry for your hardship and loss, but we offer you the hospitality of our community and the opportunity to grow with us.