A new recession will hit the jobs market


Every time you switch on the television to watch the news or pick up a newspaper, the first thing you see is how bad the economy is. In fact last week I read the following article:

A new recession will hit the jobs market, says government agency

Thursday 24 November 2011

A new recession may hit the Dutch jobs market hard because all the economy’s flexibility to absorb knocks was removed during the last downturn, according to the government’s macro-economic forecasting agency CPB.

During the last recession, unemployment in the Netherlands only rose marginally, the Financieele Dagblad quotes the organisation as saying.

The CPB says in a policy document to be issued on Thursday that jobs will be hit because corporate profits are down and there is no shortage of labour, a very different situation to 2007.

The unemployment rate has risen over the past four months, and at 5.8%, is now slightly above the total during the previous crisis.”

And it seems to be the same all over Europe.  There are fewer jobs out there and more people struggling to find work.  If you are either job hunting or looking to change career then I have a couple of quick tips for you:

  • Dust down your old CV and spend time reviewing and revising it so that it makes you stand out from all the other candidates and gets you an interview.  Know your strengths and learn how to really sell yourself. Get someone to help you – as a minimum ask a friend to at least review your CV for any errors or typing mistakes that you may have missed.

 

  • Make sure that you have a really good support network of friends and/or family to pick you up every time you receive a rejection letter.  Stay positive and don’t give up. I know that sometimes this is easier said than done but find out why you didn’t get that interview and use this information to your benefit for future applications.  Try following the diagram below, believe me it works!

success puzzle

 

I am no economist but I do believe that negativity breeds negativity – perhaps if economists could try to be a bit more positive it may have a more positive effect on the economy!  Let me know what you think.

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