Although the National 2011 March unemployment rate was 8.8 percent, the car dealership industry unemployment rate is on its way down. Sales figures from Ford, GM ad Chrysler have all shown gains over the previous year. This will translate into new job opportunities in the automobile market.Also, dealerships are expanding job opportunities past sales jobs and into mechanics, car porters and administrative work. Authorities are predicting that across the country 90,000 new jobs will be created in the car dealership industry in the next year. That is a 10 percent increase from 2010.
The increase in car sales have also translated into more manufacturing jobs as well. Economists are projecting that manufacturing jobs will rise about 17 percent.
Several factors have allowed for these fluctuations to happen. Authorities attribute the loosening of the credit market, a rise in consumer confidence and the fact that currently most cars on the road are older. With an older generation of cars in use, it will soon need to be replaced by new cars. All of these are positive signs for employment in the automobile industry.
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