— Enterprise jobs are growing in the Nashville metro area and some are being filled with the newest graduates.
The city has more than 3,000 openings in the corporate sector, including nearly 1,100 in hospitality and catering and more than 1,500 in healthcare.
The job market for enterprise management trainees is expected to double over the next five years, from about 20,000 to more than 40,000.
And the industry is growing, said Kevin Hagen, chief executive of the Tennessee Federation of Independent Business.
The number of full-time employees in the enterprise space is projected to reach 6.6 million by 2025, and the sector is expected by 2020 to account for more than 80% of the state’s economy, he said.
The number is projected rise to about 13 million by 2030.
The biggest employers of the industry are small businesses, according to the Federation.
The growth in the job market has been fueled by the financial crisis, as companies have sought to cut costs and stay afloat.
Some of the largest companies, such as the Ford Motor Company, are restructuring their operations.
The Nashville economy grew 7.6% in the third quarter of this year.
Hagen said the industry has been growing in recent years as it has diversified its workforce, from small businesses to large corporations.
It has become a very diverse industry, he added.
There are some people who are going to be looking for work in health care and other industries, but not necessarily in the healthcare space, he noted.
“If you look at the growth of the overall economy, it’s a much more diverse industry,” he said, noting that more than one in four jobs is in education.
If you compare the job growth to the national economy, that growth is more in education, healthcare, hospitality, retail and retail.
We are growing, and that growth has been the fastest growth in our history.
Hagen noted that many businesses are moving away from being traditional manufacturing plants, such the automobile industry, and toward smaller and smaller businesses.