International Careers
Below are questions posed to Stephen Taylor for an upcoming article in a national publication aimed at High School Students.
Below are questions posed to Stephen Taylor for an upcoming article in a national publication aimed at High School Students.
Q - How much have you seen opportunities for international careers (or U.S.-based careers that require the global perspective) grow in recent years, and what accounts for that growth?
A- International careers tend to follow world economic cycles. When the world economy contracts, so do jobs, and when worldwide economy expands international jobs tend to increase. 1999 was a very good year for the World economy, and many companies were expanding their world presence with the use of expatriate international job assignments. However, by the end of 2000a slowing world economy put the brakes on growth at many global companies. By 2001 an economic contraction was occurring, followed by the Terrorist attack on 9/11. These events had a big impact on both domestic and international employment opportunities.
Now, as the world economy is beginning to recuperate, we see companies increasing investment in their overseas operations, including adding expatiate personnel to be in-place when significant growth returns.