Sadly, many college grads are having job strategy miscues. In fact, their lack of knowledge about the current financial climate and the hiring process of employers could jeopardize their future. This article examines the current economic crisis and how students and parents can better position themselves for more employment opportunities. The current economic forecast looks bleak in the near term for college grads and those preparing to graduate in 2013. The U.S. Labor Department estimates that the unemployment rate for recent college grads between ages 21 to 24 has averaged over 8%. According to the Economic Policy Institute, recent grads will probably need to settle for low-level positions. In fact, about 52% of employed college grads under age 25 were not working jobs that require a college degree according to a Northeastern University economist.
College grads must find share here alternative strategies to overcome employment obstacles. Rising tuition costs, a stagnate economy, and lack of career advancement continue to haunt ambitious young professionals. Seasoned professionals are too cautious to retire early due to the uncertainty in their own future with the rising health care costs as they age. In fact, getting a college education appears to be a big liability and financial load for students. Consequently, millions of college grads will see themselves carrying massive college debt loads with dim hopes of finding jobs in their majors. Columnist Hadley Malcolm summed up this situation best, 鎻昳ke countless Millennials across the country, they find themselves tethered to that debt load, stuck between gardenscapes cheats the desire to become fully independent adults and not being able to afford the financial and cultural milestones traditionally associated with young adults.?
Employment opportunities have changed because the hiring processes have changed, yet most individuals do not realize this fact. Understanding the hiring process would be an asset to college grads who are competing with their college peers and seasoned professionals. For most college grads, this reality makes it vital to find a good, well-paying job. Yet, most people are in the dark about the job strategies necessary.
Peter Cappelli, author of Why Good People Can鎶?Get Jobs, explains that employers have shifted their expectations on prospective employees: 鎻th an abundance of workers to choose from, employers are demanding more of job candidates than ever before鍖眔 get a job, you have to have that job already. It鎶?a catch-22 situation for workers – and it鎶?hurting companies and the economy.?Regardless of where you stand on today鎶?college students, it is clear that some intervention is necessary if they are to be successful in this troubled market. The following job strategies are offered to better assist this segment of the population:
?Evaluate your current online appearance so that your hill climb racing hack ios image makes a positive impression.
?Get an independent assessment on your resume and job strategies.
?Develop a personal brand that will create an image of indispensability and uniqueness.
?Showcase your expertise on a variety of levels (blogs, media expert, etc.).
?Champion a significant cause in a nonprofit organization such as United Way.
?Consider volunteering in areas where you can build or enhance your expertise.
?Extend your network globally with social media platforms such as Linkedin.com.
?Obtain special training or certifications to become more competitive.
With the increases in college debt and decreases in significant job opportunities, college grads must understand today鎶?hiring process. Additionally, parents cannot afford to idly sit by and watch their child wander aimlessly through life. Individuals can help themselves by becoming knowledgeable in all aspects of the employment process. The road will not be easy, but planning will create the right environment for success in the future.