Monday, 21 July 2014

In a Recession , Take the Long View

In a Recession , Take the Long View 

"The economy enters the new year in a critical recession and workforce market conditions will degenerate throughout the year . . .Housing , automobiles , and also steel are in a prolonged downturn . . .Unemployment rates for each and every leading worker group will reach postwar highs . . ." 

Well , that "long boom" is finished and we're in trouble again . Being out of work has risen 25% in six months . Housing , automobiles and steel are in worse shape than they were in 1982 . Washington plans to spend $1 trillion to stimulate the economy . Still , it's good to remember that we've survived times like these before . 

When job opportunities are harder to locate , you should take the long view . You need to consider in terms of in which you want to be when the economy bounces back , even if you agree to have to do "whatever it takes" to make it through economically today . You have to extend your plan beyond getting a job to becoming more valuable 1 , 3 or 5 years from now . Here are certain ways to do that 

1 . Make an important plan - exactly where do you want to be in 5 years ? Exactly like managing money , handling a career requires goals . Are you aware what you want to be achieve in 2014 ? Do you really need your supervisor's job , or have you been content to hold the same job you had in 2006 ? Both ideas are fine ; what's essential is that you really have made a choice and put a master plan into effect . So : If you wish to be promoted , what exactly new jobs will educate you on new skills ? Can you take a class on the internet or at a professional college in the next five years , for example getting accredited in a growing field ( you can find projections for perfect job growth and required training here ) . 

2 . Make a difference in your money habits . . . permanently . You may have to take a cut in salary this year , whether or not at your current job or a new one . Nobody likes to cut their spending , but when you have to live on significantly less , it's an opportunity to standalone genuine necessities from less important spending , and finally start saving once again .

3 . Go exactly where the jobs are . . .and will be . It might be painful to think about moving to another part of the country , but the fact is , certain regions are likely to snap back sooner than others . Pittsburgh is an example for this ( you can read regarding its success here ) . By difference , parts of the Sun Belt are so influenced by real estate that they are predicting longer hard times . If you can move , consider it , if only for a few years . 

4 . Be careful your time comfort zone . My friend John is a great salesperson , and one of his mottos is , "If you're invisible , you guarantee failure ." That's correct when you're looking for work , too , but the desire for many of us is to stay invisible - merely wanting in the paper or online , or visiting the employment center once a week . Carrying out the same things over and over is staying in your comfort zone , even if you agree to feel lousy about the outcomes . It's not effective when the economy's flourishing , and it's downright disastrous in a recession . 

Are you currently afraid to network with friends and family ? Then you'll remain invisible . Do you write off a job because you're "overqualified ?" You're hidden . Are you unable to pick up the telephone and follow up on a job application ? Invisible , again . 

Try something different each week : Search totally different job titles . Learn to network , then simply get out and see 5 new people per week . Call friends across the country and also ask for leads . Discover small private companies listed at your Chamber of Commerce , and pay a visit to them in person . Practice your job interview skills at the occupational center , then practice them on the mobile phone with a friend . Speak out at the coffee hour and tell individuals you're looking . Follow up on every resume sent out , if only to confirm it was received . 

Lastly , do what it takes - friends , support groups , church or self-help advice - to keep going . This economic downturn will end , and the best thing you can do now is turn the slow valuable time into an opportunity to make improvements in the job search . Whether it takes you ten days or ten months to find a job , you'll make up for this "lost time" in the long run with a significantly better career . 

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