The Job Market In 2010

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In today’s economy, you may be wondering how the job market stands. Some say the recession is nearly over, while others say it will be a slow climb back to a healthy economy and job market. What are you to think? As someone who is employed? As someone who is still unemployed? Below, we offer the latest information from industry experts to help you prepare your career according to the economy.

While there are two sides to the question, there is one standard conclusion that industry experts have come to: that though the economy may or may not be getting better, or perhaps worse; there is a huge lapse of time that occurs after the recession has ended, in which the unemployment rate will “continue to decline” or stay as bad as it is. This said, in both cases of the employed and the unemployed, you need to know what this means for your career plans.

Unemployed
If you are still unemployed and wondering when you will ever get the job you are seeking in the profession you have been trained in, you may feel more than disappointed to hear that employments rates are slower to revive than one would hope. This said, you have a number of options.

First, you should understand that while the industry to which you were working in prior to being laid off may not be hiring, many others still are; and perhaps, this is the time to make a switch to another. Though maybe you never considered yourself in another industry or position, now’s the time to consider it. There are a number of industries that require minimal training and education-perhaps ones that require what you already have-that you could start applying for. This way, you get a paycheck; and stay hopeful-and if you want, keep your eyes open all along for your original profession’s openings.

The other side of that coin is that you should still stay within a general striking distance to your profession if you see a future in it as your ideal job, and just make yourself a more competitive candidate. This means, customizing your resume, networking as much as possible, and perhaps freelancing in your field in order to find full time work.

Employed
If you have a job at present, but you are still considering making a job change; you have two options, depending on your state of mind. The first, would be, of course, to stay at your present job, bide your time, and thank your stars for a steady paycheck. The second, if you absolutely cannot stand your job anymore, would be to research industries that are hiring, and consider applying for a new industry or one that is related to yours-but different.