Ask anyone who is doing a job and you see the same single question on the face of the individuals: What to do when recession is still ruthlessly hitting the job market. The job shedding rates are increasing alarmingly. Wallstreet Journal reported a loss of 6,63,000 more jobs in March, which is the highest unemployment rate level since 1983. Here I’m presenting some ideas to fight with the recession. These may be useful for all who are in job.
The deepening labor-market contraction brought job losses for the recession to 5.1 million, with two-thirds of the cuts coming since November, the Labor Department said. The jobless rate jumped to 8.5% from 8.1% — and many forecasters expect it to top 10% by later this year.
U.S. employers shed 663,000 jobs in March, pushing the nation’s unemployment rate to its highest level since 1983 and casting a shadow over recent signs of a stabilizing economy.”
One can take two approaches in this scenario:
- Sit and wait for something to happen, perhaps layoff or salary cut.
- Getup, move ahead, embrace new skills and opportunities and create new earning opportunities for you.
Clearly, second option is not difficult but its tough, because you really need to break your comfort zone. Everyone likes to live in his or her own comfort zone and getting out of it is really difficult. Those who dare to do so, come out to be winners. Dig your well before you feel thirsty. So, what are you waiting for, just go ahead and follow any or all of the steps below:
- Gain some expertise in any new language like Spanish, French etc. Who knows you may start up in tourism and travel industry.
- Be a master of web languages like PHP, Python, J2EE, .Net, HTML, CSS and the list is endless.
- If you think you can sell things then enter affiliated marketing.
- Start your own website or blog.
- Write a lot of good unique and useful stuff for your visitors.
- Solve users’ problems in your domain. Just Google the problems in your field of expertise and you’ll be amazed to know how many people are facing problems for which you may be the answers.
- Read the books you were longing for, but could not do so because of lack of time.
- Join some social networking sites and write on those sites.
- If you think you can go for transcription sort of things, you can go for health care industry and earn your fortunes. This is the only industry unaffected from slump. Medical transcription is good choice.
See what Seth Godin the marketing guru writes:
1. Learn something. Become an expert. For free, using nothing but time, you can become a master of CSS or HTML or learn Python. You can hit the library and read the entire works of important authors, or you can borrow some books from a friend and master Analytics or discover case studies and corporate histories that will be invaluable in a year. You could learn to become fluent in Spanish…
2. Earn a following and reputation. Use social networking tools to connect to people for no good reason. Post tons of useful answers on discussion boards where your expertise is valued. Build a permission asset in the form of an email newsletter or a fascinating blog that people want to read. Do resume makeovers for 100 friends. Start a neighborhood or industry book group. Don’t go to conventions, earn the right to speak at them.
If you were as serious about these two endeavors as you are about doing your job (eight hours a day on a slow day), imagine how much more powerful and in demand you’ll be a year from now.
Beats the alternative, by far.
If even a single reader can benefit from this article, I’ll think that writing this article is really successful. What are you waiting for. Go ahead. Opportunities and fortunes are waiting for you.
Jobless Rate Hits 8.5% (Sincere Thanks to wsj.com)