career choice in the age of population decline

- career choice in the age of population decline

In the era of population decline, it seems like one more element should be added to the criteria for choosing jobs: "export growth and competitiveness" of companies.

As I said in the previous article, in a country where the population is decreasing, the growth of consumption is also stagnating. As the population is not increasing, it is natural that consumption is not increasing. This phenomenon has a great impact on business activities. This is because it implies that "the quantitative growth of the domestic industry has ended."

So how does a company grow? It should grow around "export" rather than domestic demand.
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If you want to get a job at a company and live with a salary, I think it's important to choose a company after examining the level of overseas business, how much overseas sales and net profit are generated, and whether overseas business growth is steadily occurring.

Sometimes college students and newcomers ask for career counseling. Listening to you, I think the situation is worse than when I was employed. (Even when I was employed, the conditions were so bad that every day there was an article about job difficulties in the news.)

Even if you apply to large companies, you are telling them to put companies that grow through exports higher than those that are domestic-based, and to choose them as export-oriented companies even if they get a job at small and medium-sized companies. As companies grow, the experience of office workers expands, because companies centered on domestic-based businesses are less likely to experience explosive growth.
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However, despite the decline in population, there is still a firm group of businesses that occupy a solid position in the domestic industry: the "No. 1 telecommunications company."

In Japan, a number of companies faced difficulties as they entered a declining population. However, NTT, the top telecommunications company, maintained a steady net profit despite the declining population. It has maintained a net profit as if nothing had happened.

Similarly, Germany's No. 1 telecommunications company Deutsche Telekom maintained a steady net profit despite a population decline. As the population began to grow again, it shifted to a net profit increase.
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SK Telecom, the No. 1 telecommunications company in Korea, is expected to continue to perform well even during the population decline. Another major advantage is that the company has the best corporate structure among the three telecommunications companies.

In other cases, I think companies centered on the domestic industry are likely to suffer a lot of ups and downs during the period of population decline.

Korea is a country where exports are very important, past and present.