#jobs #JobMarket #employment #employees #employers
Despite talk of recession, layoffs among tech companies and others, the job market is still hot.
In fact, a remarkable 517,000 jobs were created in January 2023, according to reports.
“Employers are having to work harder – in some markets – to attract talent.”
So says Sarah Johnston, founder of Briefcase Coach, as quoted in an article by Andrew Seaman, senior editor for Job Search & Careers at LinkedIn News.
“You are seeing shorter job applications, more recruiter outreach and in some cases compensating candidates to interview,” the article quotes Johnston.
Still, she says in the article, applicants have to put their best foot forward.
Sure, jobs are plentiful at most levels. Walmart plans to hire 50,000 associates. Dell plans to hire 5,000 workers, Raytheon needs 3,750 more employees and Wells Fargo says it hires thousands of entry-level people each year, the article says.
In other words, yes, employers need workers. But they are still particular about whom they hire.
Therefore, as a prospective employee, you can perhaps be more confident, but you still have to impress.
Employers need more bodies, but they also need dependable bodies.
There are many stories floating around about workers reporting for work one day, then not showing up – in some cases, ever again.
In previous times, employers would leave a position open until they find just the right person. Some likely still do that, but many may be a bit more flexible in today’s market.
But, if you, as a prospective employee, find a place you’d like to work, show your prospective boss that you have what it takes, that he or she can count on you to be there day in and day out and put forth a good image for the company.
As employers, it’s best not to overpromise and under-deliver to attract workers. If workers find that what you told them doesn’t match the reality, they likely will not stay long.
As employees, know that job descriptions change. Sometimes, things you were promised when you were hired can be altered. The job you thought you were taking can turn into something a bit different. Don’t let that bother you, if you like where you work. You may have to roll with the changes, because, to stay competitive, companies have to evolve – often quickly.
If you have to leave an employer, do so with as much notice as possible. Be aware, also, that employers may not offer you the same courtesy. You could show up one day, and immediately be shown the door. But, as an employee, you have to be a good person. You may need that employer to give you a reference someday.
Yes, there are laws and company policies in which previous employers can verify your employment, but that’s all. It’s best to have the best relationship you can have with any employer, so that he or she can personally recommend you.
In short, the job market is great for most people looking for work. But, as a potential employee, you still have to be at your best to land a good job.
You have to strive to not only be a good employee, but a better person.
Peter
Tag Archives: job market
EMPLOYEES NEED TO EVALUATE EMPLOYERS, TOO
#JobInterviews #interviewers #applicants #skills #employers #employees
In any job interview, the applicant wants to impress.
In the past, it was thought that being conservative, looking good and answering questions politely was the way to go.
The applicant’s posture was, more or less, quiet confidence. The interviewer held most of the power.
In today’s job market, the prospective employees have more power. They should size up the employer as much as the employer evaluates them.
Experts say that employers need the employees as much as the employees need jobs – perhaps even more so.
So, when approaching a job interview, an applicant should ask as many questions as he or she answers.
The applicant may have quiet confidence, but can be more demonstrative with his or her confidence, experts say.
Employers, too, are looking for “soft” skills – friendliness, the ability to work with others etc. – as much as they are looking for job talent.
Applicants should demonstrate those soft skills as well as their talent.
Remember, the employers who just want you to be grateful they are offering you a job are probably not the ones you want to work for.
A job is not just a paycheck. It is a lifestyle. If the expected lifestyle doesn’t fit your needs, walk.
Therefore, employers have to be tuned in to the expectations of employees. If one hires someone who ultimately doesn’t want to be there, or is hampered by outside obligations, like children, they may not give the employer what he or she wants from him or her.
Given the worker shortage and people’s need to earn a living, both sides have to be flexible to match the proper job with the appropriate worker.
Most employees want to be good, productive workers in good work situations. Employers have to, perhaps, be less rigid in their requirements and compensation, and more adaptive to the needs of workers if they want to keep good people.
Certainly, not everything can be determined by resumes and interviews. A person can look great on paper, say all the “right” things in an interview, and either be a total bust or bolt after a couple of days.
Applicants should presume that, if they take a job, it will work for THEM, as well as their employers.
The lessons here are that potential employees, in today’s market, have choices. Employers need help, in most cases.
Job applicants should be themselves, to a great extent, in an interview. Interviewers should not just be box checkers when analyzing applicants.
Flexibility on both sides finds good fits.
Peter
JOB MARKET BRINGS OUT OLDER WOMEN
#JobMarket #women #OlderWomen #employment #BackInWorkforce
Erica Hernandez, at age 54, decided to go back to work after 19 years as a stay-at-home mom.
The best job market in half a century has been a boon for older women going back to work, typically after raising children for nearly 20years, according to an article in The Atlanta Journal-Constitution published April 1, 2019.
The 3.8 percent unemployment rate is near a 50-year-low, and there were a near-record 7.6 million job openings in January, the article quotes Labor Department figures.
In Hernandez’s case, she and her husband’s retirement fund had been depleted while she stayed home, and they were unable to do a lot of dining out and other fun things, the article says.
“My husband shouldered the burden all these years,” Hernandez, from South San Francisco, is quoted in the article.
Incidently, Hernandez did not get a job as a public relations executive, as she once was. She got a job as an administrative assistant, according to the article.
Therein lies the rub. Certainly, there are jobs out there for older women and others. But are the jobs as good as the job a person previously held? In many cases, they pay much less.
It’s tough for anyone who has been out of the work force for a time to go back to a job that was as good, or better, than the one they once had.
In some cases, people have lost jobs through reorganization, downsizing etc. What they find when they check out the job market is: what’s out there generally pays less, and often require as many or more working hours.
In other cases, what might be available may not give a person enough working hours to make a living. That induces people to cobble together an income with several part-time jobs, or even several full-time jobs, to allow them to live the life they’ve known.
If you are an older woman, like Hernandez, the income may not matter to you, as long as you can squirrel it away for retirement, college tuition etc. And, there could be less stress than she may have been accustomed to in her previous career.
But for others who may be approaching retirement, or facing college bills, it may not be such a convenient choice.
If that sounds like your situation, there are alternatives. First, if you have children going to college, or getting ready for college, talk to them about your financial situation. If they can apply for scholarships, and get them, that certainly helps. But, a good student can postpone college for a time and get a job that will help pay for it. This may be the only good reason to have adult children living at home.
After that discussion, determine that your retirement will be the priority. If the kids really want to go to college that badly, put the onus on them to figure out how to pay for it.
Secondly, there are many vehicles out there that can provide an income without having to take a W-2 job.They are suitable to anyone, regardless of age, education and background, if the person is willing to check them out. In fact, the income potential could potentially exceed any expected income from a traditional job. To check out one of the best such vehicles, message me.
The article about older women going back to work points out that these ladies face many obstacles, including rusty skills, a lack of confidence, employer discrimination, new technologies and social media.
If you care not to deal with those obstacles, and want to earn extra money to fund your retirement and other expenses, you may have to think outside your comfort zone and look at something completely different.
Peter
JOB MARKET GETTING CRAZY
#JobMarket #employment #SmallBusiness
After years of recovering from the 2008 recession, the job market is starting to look good, even for those who’ve had a hard time finding work in the last decade.
The number of part-time workers who would prefer full-timework dropped by 281,000 in April 2017. Those numbers dropped from 9.2 million at the peak of the job crisis, to 5.3 million in April, according to an article in USA Today by Paul Davidson. It was published May 11, 2017, in The Atlanta Journal-Constitution.
On the opposite side of the coin, many baby boomers who are small-business owners are at or approaching retirement. That may produce a “silver tsunami” of job losses among those who work for those retiring business owners, according to an article by Gene Marks in The Washington Post. That article was also published May 10, 2017, in TheAtlanta Journal-Constitution.
According to Project Equity, many small business owners do not have a succession plan. Therefore, many of those businesses will quietly close forever, the Marks article quotes Project Equity co-founder Alison Lingane.
Let’s examine these two trends together.
Many big employers are finding it hard to find workers. Small businesses may quietly close when their owners retire, putting lots of folks out of work.
“There simply aren’t enough” available workers, the Davidson article quotes Joe Brusuelas, chief economist for consulting firm RSM U.S. “The dynamic has shifted. Labor is going to have power for the first time in years,” the quote continues.
“Since today most family-owned businesses don’t have somebody in the next generation who wants to take over, employee ownership is one of the best ways to keep thriving businesses locally rooted into the next generation,” the Marks article quotes Mark Quinn, district director of the U.S. Small Business Administration.
So, are you finding that your employment prospects are looking better? Do you work for small business with an owner who’ll retire soon, with no plan to keep the business going?
Do you like what you do? If so, enjoy the better job prospects, or become an owner of the company for whom you work. That’s easier said than done, obviously.
If you don’t like what you do, and really need a change, there are many vehicles out there to earn a potentially great income and help others do the same. To check out one of the best such vehicles, message me.
We’re all hearing and reading good news about the economy, but some folks still are not seeing the improvements in their own lives. There are still a good number of folks who, if they are still working, are working a job that paid less than the one they lost. Others just never found work at all after losing a good job, and have quietly left the job market.
In those cases, complaining, blaming various people or entities for one’s plight is not productive. One must take action – perhaps a different action from the one(s) he has taken thus far – to find a better way to live.
Indeed, there is much to be excited and optimistic about out there. Likely, those things may not just land in your lap. Or, if they do, they may do so in the form of a person – someone you already know, or will meet for the first time – who has something to show you.
Don’t be afraid. Check it out. If that person is honest, he’ll take no for an answer. (If he doesn’t, walk away). Saying no before looking could bring you much regret.
Peter
YOUNG, ANGRY, VIOLENT
The violence in the Middle East is attributed to lots of things – inflammatory movies or other media, ruthless dictators etc.
But, in the Middle East, the center of the trouble, as New York Times columnist Thomas Friedman and other experts have said, is angry young men who are fairly well educated, but have no job to go to, and are otherwise inhibited from using their talents most profitably.
In the U.S., we also have many young people who feel left out of the process. They see a few people making lots of money, but don’t see a way to break into the action so they can do the same.
They see that they’ve gotten an education, and all they have to show for it is a big debt and, at the moment, no way to pay it. Perhaps they engaged in a field of study that is not in demand, or cannot be converted to a job that pays well.
Perhaps they grew up in an atmosphere in which competition was de-emphasized. Everyone got something, just for joining the club, or just for showing up. The real world is teaching them that showing up – or getting a good education – may not be enough. The parents have no way to bail them out, except by allowing them to live at home as adults.
We can find much to blame for this predicament. But, let’s not waste a lot of energy blaming someone or something. Let’s focus on where we go from here.
No one wants to see thousands, or even millions, of young people saddled with college debt and no job to pay for it. So, let’s try to solve that problem first.
The best way for a young person to get out of debt is to set up a business that he or she can work. For a look at one good possibility, visit www.bign.com/pbilodeau. This and other vehicles can help young people start to build their fortunes. The good news about this is that ANYONE can do it. No special background or requirements needed. The person just needs the drive to get it going, and get his or her friends in the same predicament to do the same. It can happen overnight, but typically it takes time and diligence. If things go well, you’ll whittle down that college debt in a very short time. You’ll have ups and downs, but just stay with it.
Remember, when the economy picks up, or when the young person finds work in the regular job market, he or she can take that job, and work their business with whatever other time they have. If they work at it consistently, having a regular job might be unnecessary.
If you are a young person not yet in college, you and your parents need to think not just about what college to go to, but also whether college is right for the student. There are many ways to make money that don’t require education (see above). Think about the job possibilities in the field you want to study. Would it be worth incurring the debt to study that, and risk not having an income to pay for it?
Think of the reverse. Make your money first, then go to college to pursue your interests. You’ll have the money to pay for it and whether you can make a living with it won’t matter.
Don’t get angry. Don’t do things that will set you up to fail. If you are already in a difficult situation, work diligently to get out of it. It didn’t happen overnight, and it probably was not your fault, even though others will blame you. It’s not about how you got there, it’s about how you are going to get out of there.
The alternatives for making money don’t involve government. They are not for the lazy or the impatient. The ambitious young people are just broke. They can fix that with energy, diligence, time and the right vehicle. The lazy and impatient will end up poor, unless they change.
Protests solve nothing and hurt innocent people. Some of the alternatives available to us in the U.S. may not be available to the young folks in the Middle East. In those countries, it may be more about breaking down barriers to success.
There are no barriers in the U.S. There is no need to protest. Use your energy to get out of trouble, or avoid trouble, rather than to blame those you feel got you in trouble.
Peter