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Game Plan For Jobless Recovery |
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Written by John Smith
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Tuesday, 12 January 2010 08:45 |
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With many positive sign from US companies and from abroad it is abundantly clear that we are at the beginning of an economic recovery. Though the recession may have ended- officially- this is likely to be jobless recovery. In a jobless recovery profit increases but companies are conservative and don't hire back those employees which were cut during the recession. Productivity has increased and technology has allowed also for fewer workers.
by JohnSmith
With many positive sign from US companies and from abroad it is abundantly clear that we are at the beginning of an economic recovery. Though the recession may have ended- officially- this is likely to be jobless recovery. In a jobless recovery profit increases but companies are conservative and don't hire back those employees which were cut during the recession. Productivity has increased and technology has allowed also for fewer workers.
Executives left with no exception because almost all the job categories have been hit in this recession. If you are one of those manager or executive who has lost her job - or if you are still hanging by your fingernail - you can contemplate your next career move during a jobless recovery because there are many things worth considering.
Stop being stubborn. You just start broadening your job search because you may not be able to get jobs in the company that meets your career goals. Looking into similar industries, different locations and even the idea of switching career is a good option.
On the other hand, prioritize your preferences and act accordingly for the likely companies, and stay on their radar. Things always change, jobs open - be in a better position to get the job. Relocation could be one of the options. For years, job seekers have been privileged enough to find jobs in their own backyard, but that idea has to be changed. Looking elsewhere for jobs that meet your career skill and goals is a better option. At worst you can come back home when the employment situations improves. At best, you may enjoy your new job enough to stay.
It is good if you start looking for jobs in these sectors i.e. in healthcare, education, government and the environment. Because it is expected to see growth in these industries in coming years due to a number of factor (i.e. healthcare reform, a push for new green jobs, turnover in government and the creation of new jobs in the industry, and the American Recovery and Reinvestment Act that will pump money into education.)
Go back to school. This is not for everyone. Do not just decide that you want to be a lawyer and then go back to school to pursue this goal without doing the research, but if you ever want to change your career, or go to college or grad school, now may be the best time to do it.
It is good if you don't shy from any volunteer work, internships and part-time and temp work. Because these route will keep you busy during a recession, but it will also help job seekers that they can add skills to their resumes, make contacts in the industry, and offer opportunities for full time work should openings become possible.
We are experiencing a jobless recovery now, but it does not mean that there are no jobs out there. Taping into your network and making the effort to get on front of the right people. The right referral could lead to a job.
About the Author:
JobConcierge offers automated job search - real people search 300 job boards and submit applications to take care of your entire online job search. The site is known for its best jobs for 2010 |
