Tuesday, January 12, 2010

Game Plan For Jobless Recovery

By John Smith

It is obvious that we are at the beginning of an economic recovery, with many positive signs from US companies and from abroad. While the recession may have ended officially this is likely to be a jobless recovery. In a jobless recovery profit always increases but companies are very much conservative and don't hire back jobs that were cut down during the recession. Technology has allowed also for fewer workers because productivity increased.

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. Because you may not be able to get a job at the companies that meet your career goals and it may be time to start expanding your job search. Look into similar industries, different locations and even the idea of switching career is a better 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.

Start looking for jobs in healthcare, education, government and the environment is a good option because it is expected that there is growth in these industries in the coming years due to a number of factors (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.)

Going back to home is a good option but this not for everyone. Do not just decide that what you want to become just go straight to school without doing any research. but if you have always wanted to change careers, 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 but it doesn't mean that there are no jobs in the market. Tap into your network and keep making the effort to get in front of the right people. The right referral could lead to a job.

About the Author: