IT’S LABOR DAY, AND THE JOB MARKET IS GREAT, BUT …

#LaborDay #jobs #employment #QuittingYourJob #economy
Young professionals are quitting their jobs before they find new ones.
And they are finding new ones quickly.
So reports Michael E. Kanell, business and economics reporter for The Atlanta Journal-Constitution. His article appeared on Labor Day, Sept. 2, 2019.
Kanell uses the example of Lindsey Roushdi, who had a job as an accountant for a solar company. The industry was seeing a bit of upheaval, so Lindsey decided to move on, Kanell writes.
After talking to a recruiter, within a few hours, she secured a list of 45 job openings that suited her qualifications, according to the article. She got a job almost immediately at a studio.
Kanell quotes a number of young folks who seem to have their pick of jobs. They probably would have never thought about quitting a job without having another one to go to a decade ago.
That’s a good thing.
However, there are many stories out there of those who aren’t thriving. Since the job market is better than 10 years ago, they may have found work. But the new work doesn’t pay close to what they received from the job they lost.
Some of them are even cobbling together multiple jobs to survive.
So, if the economy is so good, why isn’t everyone thriving? Automation, technology and efficiencies have robbed the economy of many good-paying jobs, particularly for those who don’t have college degrees.
A second reason: Many with college degrees are graduating with so much debt, In fact, according to a recent “60 Minutes” piece, New York University Medical School has gone tuition-free, thanks to the generosity of many benefactors.
Many doctors come out of school with six-figure debt. And, if they go into a practice like internal medicine, family medicine or pediatrics – the so-called primary care group – they may not make enough money to live a good life AND pay off their debt. Though you may find it difficult to have sympathy for doctors’ finances, the primary care folks aren’t living the lucrative life you may think.
Yes, economic numbers are good. Unemployment is low. But the quality of life for many has still deteriorated. Those lives will deteriorate further if the economy tanks, which experts say it will eventually.
What to do? First, if you have a job you like, don’t presume it will be there forever. Reorganizations, bad managers, efficiencies etc. can kill perfectly good careers.
If you don’t have a job you like, or that pays you enough to live a decent life, there is hope. The only requirement is for you to be ambitious, coachable and have a need or desire to change your situation.
There are many programs out there that can allow you to make a good income by investing a few, part-time, non-work hours a week to make it happen, without it seeming like a “second job.”
To learn about one of the best such programs, message me.
Meanwhile, don’t get too cocky at work. If you don’t like your job, find a different one. According to Kanell and other experts, there are more available jobs than officially unemployed people. Hopefully, you can find one to your liking.
Meanwhile, do so BEFORE you quit your current job. You may not be as lucky as the young folks in Kanell’s article.
It’s certainly great to dream, and most dreams are achievable with the right attitude, effort and willingness to look at things that may be outside your comfort zone.
So look and listen. You never know when that great life-changing thing comes your way.
Peter

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