Unemployment recently hit a new 5-year high of 6.1% with 605,000 jobs leaving the market. This will only get worse as the turmoil from the financial markets causes more layoffs. Here are 5 things you do TODAY to protect yourself. Unemployment recently hit a new 5-year high of 6.1% with 605,000 jobs leaving the market. This will only get worse as the turmoil from the financial markets causes more layoffs. Here are 5 things you should do TODAY to protect yourself.
If you often find yourself complaining about work, this article can give you insight and ideas to help you find work that works for you. In the U.S. we celebrate Labor Day on the first Monday of September. Spawned in 1882 by the labor movement, the holiday recognizes the contributions of the American worker. Although Labor Day is now marked less by labor rallies and speeches than end-of-summer cookouts and back-to-school sales, it’s a good occasion to pause and reflect upon work and how it’s working for you.
Don’t assume that cost reductions will leave sales unaffected: Take the time to consider what will probably happen before making cost cuts. When is a cost reduction lead to a cost increase? When the cost reduction drives too many customers away! Whenever you read in the financial press about a company making a large cost reduction, try to remember whether or not the same firm has done this before in recent history. Chances are that the latest announcement is just the latest in a series of such cuts. If layoffs and facility shut-downs are such a good idea, why didn’t the company make all of the changes sooner? The usual answer is because the company didn’t achieve its sales targets following the last round of cost-cutting.
There is a time that’s better than all others when it comes to making a career change - but the answer to “When?” is different for everyone. Find out the answer, and how to get your resume in order for your own specific “when” - even if that time comes sooner than you expect due to layoffs or firings. I’ve been asked if there’s ever one time that’s better than another for a career change, and the simplest answer I have is, “When you’re ready for it.” |
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