Showing posts with label recovery. Show all posts
Showing posts with label recovery. Show all posts

Saturday, December 17, 2011

Is It Time to Change Jobs?

According to The New York Times, http://www.nytimes.com/2011/12/17/business/economy/in-a-sign-of-labor-recovery-more-workers-are-quitting.html?_r=1&hp there are now a larger number of us quitting jobs to take what appear to be better opportunities than at any time since our current recession (yes, I definitely believe this is still a recession) began a little over 3 years ago. The number of layoffs per month has also dropped off.

The biggest upside to this is an indication that employers are showing signs of filling holes they have left empty for several years which is a very good thing. One item missing from this article is a breakdown of industries and regions that are thriving. In the Northeastern U.S., we seem to be dragging our feet in the recovery process. Large organizations like Johnson and Johnson, Alcatel-Lucent, and The Great Atlantic and Pacific Tea Company, to name a few, are definitely still reducing their numbers and many Wall Street companies appear to be struggling to maintain their footings right now.

Getting back to the main point of this Times report, why are people changing jobs? Are they getting more money, better benefits plans, more vacation time, a chance to grow their careers or are they giving up on their chosen fields and heading off in new directions? It still seems to me that you should stay put if you are not under pressure to move on. The risk of being the new kid on the block in extremely unstable times is a big one to take. Be certain to weigh the advantages of quitting against the possibilities of putting your career in jeopardy before making a move. If you still think it is a good time to switch, go forward but always keep your eyes and ears open!

Saturday, November 26, 2011

Survey shows brighter business outlook, but continued weakness in employment

I just came across this piece from NJbiz.com and it certainly show mixed results from employers in NJ. While I am encouraged that more companies plan to hire than have staff reductions, I am very concerned that over 70% expect to simply remain stagnant with no anticipated growth. We all really that the bleeding needs to stop before healing occurs but I have been looking forward to 2012 as they ear where recovery would start to take place. Please read the attached article and feel free to share your feelings with me.
Survey shows brighter business outlook, but continued weakness in employment: All Business • All New Jersey

Monday, October 10, 2011

Suggestions for Stress Relief

Agreed, the economy absolutely stinks right now and all indicators show that recovery will be a very arduous task. Unemployment remains at record highs. Store fronts and large retail centers have tons of 'space available' signs. Restaurants who were neighborhood fixtures have shut their doors. Professional sports teams are struggling to fill seats (Tampa Bay had empty seats for playoff games) even when offering special deals. Broadway shows are offering tickets for $26.50 (Phantom of the Opera comes to mind). I imagine retailers must be cringing at the thought of what the upcoming holiday season will look like.

As I walk around my home community of Hillsborough NJ and as I also travel around Union County where my office is located, I continually see one thing on most every one's faces - STRESS. Please do not think I live in a glass house. I feel the stress as well, especially with an underemployed wife and my career being heavily based on employers adding to their existing staff. There are very few of us out there who have not been negatively impacted by the global economy and unfortunately, the further you are from the upper echelon economically, the longer it will take for the recovery to become evident to you.

How do we keep this stress from putting us in the hospital or even worse? It is not an easy question to answer but I do have some thoughts. Set aside time each week to clear your head. Whether it is as simple as scheduling time to take a 30 minute walk several times a week or planning an affordable evening out (perhaps Chinese takeout and a free movie by hitting the on demand button on your cable screen to save $$) or a weekly trip to the public library to browse reading material and unwind for an hour or two. If you are not employed or working part-time, take a few hours a week away from your job search to refresh your brain by doing some volunteer work. Find a free concert or art display to check out in your area. The point is, find a way to unwind a little and the results will be amazing.

Those employers who are actually hiring will sense stress a block away. While most do understand the issues we are all dealing with, they want to see you are capable of checking them at the door. My suggestions barely scratch the surface. Be creative! Find something simple to help ease the stress that is undoubtedly cluttering up your life!

Monday, September 26, 2011

Global Job Recovery Must Happen!

This is an extremely enlightening article from The Washington Post about the need for global job growth to prevent jobless recovery worldwide:
http://www.washingtonpost.com/business/economy/with-200m-out-of-work-worldwide-economists-remind-governments-that-recovery-must-create-jobs/2011/09/26/gIQANcKSzK_story_1.html

Tuesday, August 30, 2011

Earthquake + Hurricane = More Stress

All the way up and down the Atlantic Seaboard (and beyond), Mother Nature decided to add a plethora of new stresses to the bad global economy, record breaking unemployment, unstable stock market, indecisive government leadership, etc.

First, there was the earthquake which shook most everyone from the Midwest to Canada. It caught me typing an email in my office and I really thought I was having a heart attack until I noticed the walls, my phone, computer, bookcase were all having heart attacks too! Unfortunately, what was already shaping up as a slow week in the recruiting business got even slower once the quake took placed.

The second stress of the week came about a day later when all weather forecasters (including an old high school friend at the Weather Channel) began painting a very bleak picture of the damage and destruction expected from Hurricane Irene. As someone who lived in the town that was the center of Hurricane Floyd almost 12 years ago, this left a huge lump in my stomach. Now living in a place that floods less but becomes an island, I started balancing the need to keep working with storm preparations. Unfortunately, Irene proved to be a very stubborn lady and did create hardships, some of which are still unfolding due to river and stream flooding at rates never seen over the past 500 years in many places.

A third stress actually took on two prongs. For many like me, there was the inability to start the work week on Monday, the day after the storm because roads were either flooded or covered with downed trees and power lines. In North Jersey, part of Route 287 actually fell into the Rockaway River, causing stress for thousands of commuters including my wife. For too many others, they woke up in shelters, neighbors' spare rooms, or trapped in their own homes and now face the ugly task of cleaning up and rebuilding their homes and livelihoods.

During stable times, this would be a daunting challenge to everyone who was impacted in some way. Today, this is even tougher to swallow. So many folks are either unemployed or underemployed that they do not have money sitting in savings to help get repairs going until their insurance carriers or FEMA come to their aid. I just heard that President Obama will have to find money to fund FEMA as they do not have enough funds to finish repairs from Hurricane Katrina. That was SIX YEARS AGO and we still do not have money to close that book! Many more people will undoubtedly lose jobs, at least short term, when companies are forced to close doors while awaiting loans to rebuild from storm damage.

I wish I could provide some sound advice. The best I could offer right about now comes from the fact that if you are able to read this article you are most likely safe and sound. If you, your friends, and family are alive and well, you have overcome the first hurdle. Start prioritizing your needs, one by one, and do not try to recover completely in rapid speed. Just like a diet, the best way to recover is step-by-step so you do not fall backwards. Do not pay for services that seem overpriced. Do not accept offers of temp jobs payable in cash that may never show up. Continue on the path you already carved out before the crazy events of the past week, albeit with a few extra hurdles to overcome.

My best wishes go out to everyone as we all try to gain strength from a very bad stretch!