Topic of the Week Surviving Job Insecurity
- The direct approach.
- An agency or recruiter.
- Job boards.
According to economists the recession is mostly in our rear view mirror so there should be more job security, correct? Welcome to the new normal, unfortunately, where job insecurity is the norm. The U.S. Bureau of Labor Statistics has been following 10,000 U.S. residents since 1979. They provide a fascinating snapshot of our economy, and these days, it's not a pretty picture. For workers between 40 and 46, 33% hold jobs for only one year, while 69% of this group held a job for up to five years. We don't have permanent jobs anymore, it's a revolving door. Which reminds me of postal worker Jacquelyn Myers. She was put on "light duty" work because of a back injury. However during that same time she was collecting disability benefits she entered more than 80 long distance races, including the Boston Marathon.
Ironically many of us wish we could be Ms. Myers and have our jobs last as long as a marathon instead of being stuck in light duty, a.k.a. mostly short duration jobs. So here is today's horrible truth, no one should feel that comfortable in his or her job. We all need to keep our eyes on the lookout for opportunities, because most of us will be going from job to job, even late in our careers. Here are four strategies for conducting a 24/7 job hunt.
The direct approach. According to a study by Right Management, 7% of us get our jobs this way. Being direct means that you don't look for "help wanted" signs, you approach the kind of companies that you want to work for directly. A great place to start is with competitors, vendors and former customers. But there are even better ways to find a job…
An agency or recruiter. This is twice as successful, with 14% getting jobs this way. The best part here is that you're not pounding the pavement by yourself, you've got people pounding it for you. But this will require taking time to get known by them.
Job boards. 25% got their jobs this way. Job boards should be a part of everyone's job search. The only problem is that many people make it their only strategy.
Networking. 45% got a job this way. Do you see why I've been talking this up for the past sixteen years I've been writing this column? The best part, networking gets you exposure in the hidden job market. Let me explain. One Human Resources director once told me that whenever he runs a want ad for a position he feels like he's failed, because he should have been able to fill the position through his network. This is the hidden job market, where jobs are filled based on history, connections and people vouching for you can do.
Ms. Myers got busted for swapping light duty for a marathon, but with a 24/7 approach you can keep running from job to job. Just be sure to have your resume and Linkedin profile always updated and ready to go.
Bob Rosner is a best-selling author and award-winning journalist. For free job and work advice, check out the award-winning workplace911.com. Check the revised edition of his Wall Street Journal best seller, "The Boss's Survival Guide." If you have a question for Bob, contact him via firstname.lastname@example.org.
Thought of the Week
"It's a recession if your neighbor loses his job, a depression if you lose yours."
–President Harry Truman
Weekly Comic by Jerry King
Blog of the Week
The Country's Job Creators Are Increasingly Women Of Color
According to an analysis of new data on business creation from the Census Bureau conducted by the National Women's Business Council, woman-owned businesses increased 27.5 percent between 2007 and 2012, adding 2.1 million to the total, outpacing the 20 percent growth they saw in the five years before that. Women now run more than 36 percent of all businesses (that aren't farms), up from just under 30 percent in 2007.
Top Five News Headlines
- Brooklyn Nail Salons Protest Increased Regulations With One Day Strike
- Farmworkers See Jobs, Earnings Shrivel In California Drought
- In landmark case, labor board will let more workers bargain with their employer's employer
- Longer Hours, More Stress, No Extra Pay: It's Not Just Amazon, It's the Modern Workplace
- Gap To End On-Call Scheduling For Workers
List of the Week
From My Cold Dead Hands: Things I Won't Give Up.
- Internet connection, 57%
- Driving, 44%
- Pet, 39%
- Cable TV, 29%
- Mobile phone, 24%