Tag Archives: job market

Poll Results: What are Your Job Market Predictions?

ThinkstockPhotos-511917898A new year brings a lot of excitement with it—including setting New Year’s resolutions or goals to make the most of the year ahead.

In December, we asked our Movin’ On Up readers what they predict the job market will look like in 2017, and the responses were very encouraging! A total of 28% of respondents said the job market was looking up for the new year, and they are definitely getting a job offer or promotion this year. Twenty-five percent aren’t as enthusiastic about the job market, but feel that it’s good enough to test the waters and see what’s out there for them.

Other results include:

  • Buckle down everybody! Things are going to get worse before they get better — 23%
  • I’m staying where I am. I don’t expect things to get better — 10%

In addition, 14% of readers selected “other” and cited the following reasons:

  • Not this year. Next year will be better.
  • No job for me yet.
  • Expect another great depression or recession.
  • Mixed emotions.
  • Continued upward movement in the short term, then down.

Start Networking

For those who are ready to get a job offer or promotion in 2017, the first of the year is a great time to start networking with your end goal in mind. Since a lot of people are just returning from holiday vacation, take the time to pick up the phone or send a handwritten letter to your professional contacts and ask them to lunch. Then, you can catch up and let them know you are interested in making a career change in the near future.

Also, consider joining local professional organizations this year. This could be a great opportunity to expand your professional circle and make some new friends along the way.

What are your job market predictions in 2017? Let us know in the comments below!

A Review of Your 2016 Job Market Predictions

job_market_predictions_2015_webEach year, we ask Movin’ On Up readers to share their predictions for the job market in the coming year. With 2016 coming to a close, we want to review your answers and analyze this year’s economy.

Your Predictions
For 2016, the majority of readers (34%) answered that the market is “good enough to test the waters and see what else is out there.” The year before, readers felt the same way. In fact, take a look at just how similar the past couple of years have been:

“It’s good enough to test the waters:”

  • 2014: 35%
  • 2015: 34%

“Things are going to get worse before they get better.”

  • 2014: 27%
  • 2015: 25%

“I’m definitely getting a job offer or promotion this year.”

  • 2014: 17%
  • 2015: 18%

“I’m staying where I am. I don’t expect things to get better.”

  • 2014: 11%
  • 2015: 11%

Analyzing the Results
In November, the national unemployment rate in the U.S. was 4.6%, a decrease from 4.9% the month before. This time last year, the rate was 5%. A year before that, it was 5.8%, marking a clear trend toward lower unemployment rates. Additionally, Fung Global Retail and Technology predicted a retail sales increase of 3 to 4 % this holiday season, up from a 2.5% average over the past decade. Furthermore, the National Retail Federation expects retail sales at the end of the year to exceed $626 billion.

Given these predictions and trends, it seems as though readers’ belief may have been right that the 2016 economy would be strong enough to allow them to look for a new job.

Will next year’s results be similar? Vote in our poll and let us know how you think the 2017 job market will shape up.

Movin’ On Up is brought to you by Express Employment Professionals.

Entrepreneurship: Do You Have What it Takes?

boss_dayIf you haven’t noticed, the job market is changing. From a renewed emphasis on high-skilled jobs, like machine operators and registered nurses, to the growing number of opportunities for freelance work, there’s no doubt that the traditional path to career success has transformed.

For many, the route to achieving their dreams will be through entrepreneurship. The question for anyone considering making the jump to being a business owner is simple: Do I have what it takes?

Knowledge
Starting a business from the ground up is difficult enough, but if you don’t have knowledge about the product, service, or industry that you are getting into, the odds are increasingly against you. One of the wisest investments to make during the initial stages of entrepreneurship is growing your knowledge of the venture you’re about to undertake.

Whether that is learning more about the process of starting a small business, including loans and any licenses needed, or discovering how franchising works, having a solid foundation of information is fundamental to your success.

Do you understand everything there is to know about the product you’d like to sell or the problem you’d like to solve? If not, it’s probably not the right time to invest the energy and money needed to become an entrepreneur.

Passion
No matter the business you want to begin, you’re going to need an almost reckless desire to make it happen. With purpose and a passion to succeed, you’ll be able to overcome the various obstacles and trials that will come your way. Without that desire, the road to entrepreneurial success will be a dead end and leave you with a bitter taste in your mouth and a sense of failure.

There may be people in your life, even close family and friends, who think you’re crazy for taking this leap into the unknown. But, if you begin the journey with an unrelenting desire to see your idea through to the end, there’s no one who can stop you from achieving your dream.

One surprising reason the most successful entrepreneurs have a genuine passion for what they do: failure.

No matter the industry or the time period, from Henry Ford to Colonel Sanders to Soichiro Honda to Richard Branson to Oprah Winfrey to Elon Musk, the passion-filled pursuit of success through the adversity of failure has led the world’s greatest entrepreneurs to their accomplishments.

Support
Finally, one of the most common denominators among entrepreneurs who have what it takes is a support system. This group of people and the organizations that surround you during the entrepreneurial process play a vital role in both your short and long-term success.

Whether it’s a spouse who puts their trust in you, a friend who invests money in your venture, or a mentor who has been through this already, each are an important member of your support team. Not only are they needed to help you get through the challenges of starting your own business, but the saying really is true, ”Victories taste much sweeter when they are experienced with others.”

Find out if you’re ready to become an entrepreneur and which path is right for you. Check out this quiz from the Express Franchising blog.

Have you ever considered starting your own business? Are you currently an entrepreneur? Let us know in the comments section below.

Movin’ On Up is brought to you by Express Employment Professionals.

Poll: What Are Your Job Market Predictions for 2016?

MOV_POLL-ICONWith 2015 coming to a close, it’s time to reflect on the year and look forward to a new one too. Last year, we asked Movin’ On Up readers what they predict the job market to look like in 2015, and 35% said they believed the market was stable enough to try for a new job, followed by 27% who reported the market was going to get worse before it got better. Readers who were confident they’d get a job offer in 2015 made up 17% of respondents, while 11% planned to stay where they were in their career paths.

This year, as we look toward 2016, we want to know if your expectations have changed. Do you think the job market will grow, remain the same, or plummet? Do you feel the same way as our readers did last year, or did your year affect your outlook on 2016? Let us know by voting in our poll!

Movin’ On Up is brought to you by Express Employment Professionals.

Poll: What Are Your Job Market Predictions for 2015?

MOV_POLL-ICONWith 2014 coming to a close, it’s time to reflect on the year and look forward to a new one too. Last December, we asked Movin’ On Up readers what they predict the job market to look like in 2014, and 36% said they expected things to get worse, followed by 23% who felt the market was stable enough to try for a new job. Readers who were confident they’d get a job offer in 2014 made up 19% of respondents, while 13% planned to stay where they were in their career paths.

This year, as we look toward 2015, we want to know if your expectations have changed. Do you think the job market will grow, remain the same, or plummet? Do you feel the same way as our readers did last year, or did your year affect your outlook on 2015? Let us know by voting in our poll!

Movin’ On Up is brought to you by Express Employment Professionals.

Does Being Unemployed Make You Unemployable?

unemployment_web“If I’m unemployed, is it making me less employable for the jobs I’m applying for?” It’s the question facing millions of people who struggle to find work in a weak job market.

One of the long-lasting impacts of the Great Recession is how many job seekers are continuing to have trouble starting over in a new job. For the long-term unemployed (those out of work for more than six months), a Princeton University study found that only 11 percent found steady employment. So, does being unemployed make you less likely to get a job?

It Can, But It Doesn’t Have To

When an employer is looking over a resume, they want to see not only what type of work history you have, but also what you are currently doing to improve yourself professionally. While out of work, it’s tempting to focus on applying for as many jobs as possible and getting your information to your network of friends and family to help you get an interview. But your efforts can’t stop there.

If you’re unemployed, take this time to improve your current skills or learn a new one. A recent Harris Poll survey of the unemployed found that 64 percent are not planning to go back to school to make themselves more marketable to employers. Career Technical Education locations in your community often have classes you can take to keep you up-to-date in your field, but can also provide you with the opportunity to learn a different skill or trade.

When employers are struggling to find qualified workers in the industrial, health care, and IT fields, this may be the perfect time for you to learn a new skill set. Most programs can be completed in two years or less, and tuition is much more affordable than a traditional four year degree from a university.

Keep Working

Going back to school is great way to fill in the gap in your resume, but if that isn’t an option, consider taking a part-time job to add to your resume. This will demonstrate your work ethic and show employer you’re ready for an opportunity to continue your career. And if part-time work isn’t an option, consider volunteering in a way that uses your skills.

Whether your background is in administrative work, human resources, accounting, or another field, you have something to offer to a non-profit or charity. Most of these organizations are often under-staffed and depend on volunteers with expertise in different areas to come in and do some work for them for free.

When a potential employer looks through the stack of resumes and sees that you’ve spent time serving others in the community using your skills and expertise, you will stand out and have a leg up on the competition.

Some Employers May Not Hire You

In a few places, it is illegal for an employer to discriminate against job seekers based on their employment status. But for the most part, there is no legal protection from your unemployment having an impact on the hiring process, and that means you may run into this problem.

So what can you do? If you think an employer won’t hire you because you’ve been out of work, it’s a tough situation to deal with. But when you turn your focus from the gap in your work history on your resume, to the people you know, your job search could be revitalized.

Connect with People and Stay Positive

Build your network of contacts. Reach out to family and friends to introduce you to people who could have an impact on your job hunt. Help a potential employer get to know you as great candidate and not another resume in the stack sitting on their desk.

If you’ve done all you can to improve yourself since becoming unemployed, it’s likely you won’t stay out of work for long. The Harris Poll survey of the unemployed also found that 91 percent of the unemployed are hopeful they will find a job they really want in the next six months. Hard work during this time in your life will set you up for success in your future career and make this an experience you look back on with pride as you overcame obstacles that wanted to keep you down.

How do you make sure you’re still employable if you’re unemployed? Share with us in the comments section below.

Movin’ On Up is brought to you by Express Employment Professionals.

2014 Hiring Forecast

Job_Market_PRediction_AT_Jan2014_webMost people enter a new year with a positive, hopeful outlook of what the next 12 months will hold for their lives. Unfortunately, that positive attitude is a little more hit-or-miss in regards to what 2014 holds for the job market.
Our recent poll of Movin’ On Up readers found that more than a third believe the market will get worse in 2014, with only 24% feeling tentatively positive and 19% feeling very positive about job growth this year. In contrast to last year’s similar poll of 2013 job market predictions, this year’s results seem to indicate a negative trend. For 2014, positive predictions fell 10% compared to 2013. However, national resources take a different view.

The Big Picture
The Wall Street Journal reports that “absent an economic shock, total jobs finally could surpass their pre-recession peak by mid-2014.” A recent WSJ survey revealed a general feeling of optimism from economists who predict that 198,000 jobs will be added each month. The chief economist of Moody’s Analytics, Mark Zandi, had an even more positive prediction, telling USAToday that he anticipates a monthly job gain of 225,000.

Matt Ferguson, CEO of CareerBuilder, has a good explanation of why there doesn’t seem to be a consensus on what hiring will look like in 2014, based on the results from CareerBuilder’s Annual Job Forecast. “The general sentiment shared by employers whom CareerBuilder talks to every day is that there will be a better job market in 2014. What we saw in our survey was reluctance from some employers to commit to adding jobs until the outcomes of debt negotiations and other issues affecting economic expansion are clearer.”

What This Means for You
All of this uncertainty isn’t a license for you to give up on your job search this year. If these predictions are accurate, the farther into the year we get, the more companies will begin hiring. CareerBuilder’s survey also showed that 51% of the employer respondents currently had open positions for which they couldn’t find qualified workers. This skills gap can be a great advantage in your job hunt if you take the time to build up your knowledge and experience. Plus, almost half of the employers said they were willing to train employees who lacked the skills required for a position.

Some of the areas associated with the most hiring in 2014 include business development, sales, technology, and operations, according to Forbes. More than 25% of those employers surveyed by CareerBuilder reported they plan to create new jobs this year in science, technology, engineering, and math, with the biggest salary increases associated with sales and IT.

Whether you’re expecting good things or bad things from the job market over the next 12 months, don’t let your feelings or predictions affect your own personal job hunt. Take charge of your situation, get your name out there, and do what it takes to make yourself a desirable employee. At the end of the day, most employers are always looking for quality, hard-working people to add to their teams.
Do you have any specific predictions about this year’s job market? What do you do to make yourself a top candidate and increase the likelihood of getting hired? Please share your thoughts with the rest of us in the comments section below!