An Employee Driven Market
The unemployment rate is hovering around 4.7% nationwide. This is down from a high of more than 6% in mid 2003. Steadily, the tide is shifting from an “employer-driven market” to one where job seekers and career changes are in charge.
The Bureau of Labor statistics projects labor shortages of more than 10 million worker by 2010. This is fueled by the impending boomer retirement and an ever-increasing need for creative, nimble workers who can solve problems in a changing work environment. Strong reasoning skills, excellent communication skills and the ability to innovate will be in great demand.
So, what does this mean to you? If you are one of those “workers”, it increasingly makes no sense for you to stay with a job you dislike. It’s the right time to direct your career and your future, taking advantage of the developing talent shortage.
If you are an employer, retention of talent and succession planning should be at the very top of your list. A slow response will be both expensive and painful.
Tips for Career Changers in an Employee Driven Market
· Know what you are good at and be ready to articulate it. 80% of available employment is never listed anywhere, so networking is the key to your future.
· Consider short-term, practical training courses to focus your career in a new direction.
· Partner with friends or colleagues who what to re-direct their career. Encourage each other on a weekly basis over lunch or a cocktail
· Contact the employers you want to work for directly. Do not wait for an opening. Get to the decision-maker and make your case.
· Plan for both short-term re-alignment as well as the longer-term dreams. Don’t wait for the full-blown talent shortage to get your act together. You want to be ahead of the curve and enjoy an optimum career—fully taking advantage of the changing market.
·Start with an assessment; go to www.ElevateYourCareer.com for a complete career planning process.
By: Helen Scully, Nationally Certified Career Counselor
President, Scully Career Associates, Inc.
www.ScullyCareerAssociates.com
Thanks for your great insight, Helen
