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Tips For Surviving The Jobless Recovery

by JC, published: 2010-08-18 07:38 viewed: 166 times
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Based on an article I read recently, these might be helpful to read as a job seeker.

The grim realities of America's job market:

-- Over 8 million jobs have been lost since the recession "officially" began in December 2007.
-- 14.6 million Americans are out of work.
-- 6.6 million Americans have been out of work six months or longer.
-- The "real" unemployment rate is 16.5%.
-- 26% of American workers are "under-employed".

Currently there's no indication America's employment picture is going to improve anytime soon.

Here are some tips for surviving this jobless recovery.

Since jobs are going away to India, China, they are NOT coming back. So, don't wait for jobs. When looking for jobs, focus on areas with job growth (education, healthcare related jobs) and find a new niche for yourself. Also, don't wait for fulltime job. A contract/temp work could lead to permanent job.

Broaden your search and get used to the fact that you may not make as much as money as you did before. The smart people are those going back to school and re-invent themselves.

Lastly, start a business. A lot of great companies started in recession, such as HP, IHop, Microsoft. So right now it may well be the perfect time to explore self-employment, turn your passion into a business.
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