Some Interesting Statistics for Job Seekers
It shouldn’t come as much of a surprise, but according to a recent survey of 3,000 job seekers conducted by the outplacement firm Challenger, Gray and Christmas the time it takes to find a job is growing longer. For example, the median time for job searches conducted by those winning positions grew from 3.6 months in the second quarter to 4.4 months in the third quarter of 2008. Also, it found that 13.4% of job seekers relocated to take new positions in the third quarter of 2008. While this is up from a first quarter figure of 8.9%, it is still lower than the percentage of job seekers (15%-16%) who relocated in 2006 and part of 2007.
As layoffs increase and the US economy worsens the percentage of people willing to relocate for new positions will likely increase even as home prices continue to fall. Unfortunately, some job seekers may find themselves trapped (despite a willingness to relocate) because of an inability to sell their homes. Put simply, this may be one of the toughest job markets in recent history.
However, as a well known recruiter once told me: “All too often, job seekers allow themselves to get mired in the doom and gloom of a failing job market. However, if they can remember to approach a job search with a mindset of “all I need is a single job offer” then they will undoubtedly be successful.” That said, while your next job may not be the one that you really wanted, simply having a job is what matters in uncertain financial times.
Until next time….
Good Luck and Good Job Hunting!!!!!!!!!!!
Ganted with the economy the way it is now a days, there are in fact many people who are now unemployed. In Central Florida alone, there are 123,000 people who are unemployed. What's really sad is that the majority of these people have never in their life been in this position, without work. Constant struggles like these take its toll on the economy as a whole. It will take some time to balance this economy out and get this Nation back on its feet. Although, in the mean time, we can only hope for a slight continuous improvement and hope that it continues until America is pulled up out of this recession. What might help for some is to relocate to a cheaper area to help the family save money. The housing market is struggling at the moment and it is a great time to get the deal of a lifetime on a house that you might not otherwise have been able to afford. This might be something that some of you may want to consider.