I heard a financial analyst on an all news radio station this evening who believes that small and midsized businesses are having a great week in spite of the incredible changes among some of our largest and oldest financial companies. The mainstream media is certainly hoping for increased readers/listeners/viewers, etc. My experience in the last 72 hours is that jobs are opening up and people are being interviewed and actually hired. There are some items to keep in mind in this very odd marketplace.
First, if you are gainfully employed, sit tight! I receive calls everyday from people who want to change employers or worse yet, they want to leave their field for something different. NOW IS NOT THE TIME FOR DRASTIC CHANGES OF ANY KIND!!!!!! SIT STILL UNTIL THINGS STABILIZE!!!!
Second, if you are out of work, consider contract positions for the time being. Offers overall will be lower than you are used to. Rather than lock in somewhere at a lower rate, take something short-term which makes it easier to keep your options open. Many employers will select new permanent staff from the pool of available temps since they are already familiar with the company's procedures.
Finally, do not decline any realistic interviews. The pool of people competing for jobs will grow exponentially in the next few months. You have to interview to get a job, don't rely on fate. Please own your job search and treat it like a precious gem!
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