Posts Tagged ‘economic crisis’

Economy and the Unemployed

Thursday, November 13th, 2008

Although it is true that the economy can play a role in the number of jobs that are available, or the number of people who find themselves out of work, in the main, it is “just a part” of the big picture. It is easy for a person who may have been on too many interviews to start “chalking it up to the economy.” Yet, this person is making a critical mistake if he does so.

The only “part” that is played by the economy is that there may be fewer jobs for the person to choose from, or conversely, there may be more people applying for those jobs. That only means the playing field is a little bit tougher. The wise job hunter keeps this fully in mind at all times.

To find a job in times where the jobs may not be “plentiful” is only a calling for you to be the “best of the best” and to be more outgoing in your search than the people you are competing with. It is the time for you to be at the top of your game.

Sometimes it may also mean that you have to be more forgiving in the terms you will accept and the jobs you will take.  That can even go to the extreme of the dentist who was more willing to be unemployed in his small town than he was ashamed to take a position beneath him.  He worked at the docks, helping to unload tuna boats when they came in until a dental position came in.  He was not to proud to take a job out of his chosen field because to him working was more important and more redeeming than sitting back claiming no work.

We don’t all have to get too forgiving, but it is a good reminder that we are also not glued to one station in the work world and that we can and should be willing to try new things if that is going to be the solution – even if only for the interim.

The main thing is to keep up your job search, and to keep yourself polished in appearance, polished in mannerisms and attitude and to keep your presentation of your self (which is typically your resume and cover letter) absolutely top of the line.

You should also remember the golden rule:  When you are looking for a job, you are in essence marketing yourself.  Thus the more you market, the more you will receive back.  Do not allow yourself to slack off.  Set and meet daily targets for numbers of resumes delivered to companies either by personal delivery, or through the US Postal service, or through online job boards.  Post your resume in as many locations as you can.  Personalize your resume for potential positions you want to apply for.

Follow up is very important too.  Send an email or personal note, or even make a call if appropriate.  Use your time when you find yourself unemployed in a tough economy as if you were employed.  In essence, you are:  You are gainfully employed in the task of finding gainful employment.

With that right attitude and perseverance you will be one of the people who had no difficulty finding a job during a tough economy.


The automotive industry with the current economy and a bailout?

Saturday, November 8th, 2008

The automotive industry…the cut backs…where the automotive market is going if it doesn’t get help.

President elect Barack Obama isn’t just words. Remember, “Just words?” Well, he is capable of delivering tough words too, as he did during the campaign to the Detroit Economic Club. He asked them whether or not they can move into the modern age with hybrids and gas saving vehicles. “Change.” Just a word. He is asking the automotive industry to change.

And change is what is needed in Detroit. The sad news, if you don’t know it is that foreign manufacturers now sell over half the new cars in the USA. The American automobile industry is losing the battle.

The big question is, “can this be turned around?” And “if so, HOW?”

Opinions vary. “Bailout.” Just a word? The nation is divided on the recent financial bailout of the Wall Street fat cats. “Let ‘em fail and take the hit,” some say, but it’s not that easy. Big Oil is the enemy, but guess who owns Big Oil? YOU do! Your 401 K’s do.

As Pogo said, “We have met the enemy and he is us.”

It’s not only US car manufacturing that’s in trouble. A so called “American” car these days is composed more and more of foreign parts. As an example the 2008 Focus has only 65 percent domestic-parts content. When I was in school, that was considered passing, but just barely, with a grade of “D.”

Where is the US automotive industry headed ? Consider this. According to http://economistmom.com/2008/11/detroit-is-hemorrhaging/ “240,000 jobs were lost in October, bringing the year’s total job losses to nearly 1.2 million.  And the year isn’t over, of course; we’ve surely got two more months of bad news to go.”

Cauterization needs to be done, and quickly, before the industry bleeds to death. And no one has the answer, save those with common sense. It is time for group action and compromise. Without change, nothing changes, right? Where have we heard that before. Well, now is the time to put it into action.

Bailouts? As anti-entrepreneurial as they sound, if well constructed, we should go for it. Unions have got to be willing to tighten their belts and accept less, face the hard cold fact that foreign workers can often produce more and better and cheaper products.

And finally, we need to revive the “Buy American” campaign that was so popular a few years ago but seems to have waned, and don’t just read the bumper stickers. Do it.


Laid Off – It’s ok!

Saturday, October 25th, 2008

You’ve worked for an employer for a few years. You’ve done the best you know how to do and given it your all for the job. Sometimes, though, your all doesn’t stop the impending lay off that comes with a looming economy and economical crisis. There are things to consider even though the ride home seems to leave room for every negative thought to enter your mind.

First, it’s ok. In this economy, a lot of us are being let go for a simple lack of budget and downslide in stocks and revenue. Don’t let yourself fall into depression or give yourself visuals of foreclosure. Perhaps you have a savings account to rely on? If you are a student, you can get school loans or grants that can be a source of income.

Give yourself some time to relax, and try to keep from panicking. Regardless of the economy, jobs are out there. Take a weekend to meditate and let yourself celebrate for a moment. A layoff can be a blessing in disguise. You now have the option to move into a better paying job.

Once the shock of a layoff wears off, take the time to fully review your resume. Your resume is the strongest asset you have for your next job (aside from the interview). Take a day to make it good. Take it to a professional if you don’t think your writing skills are proficient for a professional resume. A strong cover letter can add to a stronger resume, and it can make it stand out against others.

The best thing to remember is to keep yourself from panicking. The idea of losing your job can make your heart fall into your stomach, but jobs are out there and you can recover just as quickly.