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How a Struggling Job Market Has Affected Generation Y Workers

November 25th, 2011

There is no denying the fact that the US economy is struggling and the job market has a bleak outlook. For Generation Y, though, the implications go farther than most realize. Even if the market picks up in a year, or a few, this generation which is poised to enter into the working years of life, is likely to be struggling for decades to come.

Who Are They?

Generation Y, also known as the “Millennial Generation”, are those aged 15 to 30 right now who are graduating college, entering the workforce or even just picking out a career path to take themselves on. These individuals consist of one of the largest generations in the history of the country and, by far, are the most educated generation ever. However, not all of this still may prepare them for their bleak future.

The Job Market Now

Plenty of signs show that the job market will continue to improve, but it is likely it will do so at a very slow pace. The result, then, for this generation of Americans will be fewer positions available. Many will face challenges like the following:

  • Paying back hundreds of thousands of dollars in education debt on minimal salaries
  • Taking unpaid internships because they cannot find positions
  • Taking low income positions because they can’t find anything else
  • Taking positions outside of their field of study
  • Entering entry-level positions in their field far later than previous generations.
  • Difficulty in finding promotions and climbing the ladder of success because they will lack fundamental skills often learned during these first years of employment in their fields.
  • Many will have and will maintain lower salaries for years to come because they did not move up the ladder fast enough.

In an article on Knowledge Wharton, management professor Matthew Bidwell says, the following. “If you don’t get a decent job in your first five years in the workforce, do you ever? You don’t develop the stable work habits or the self-esteem to move up the corporate ladder. It’s a horrendous waste of human capital.”

Late Starts

Those who graduate in 2011 are unlikely to find the positions they went to school for available to them. Those who graduate in 2012 may face the same fate. If by 2013 new jobs are available because the economy is moving, those graduates from 2011 and previously, not to mention from 2012 and 2013 will be competing for the same positions. More so, these graduates are already several years behind in their careers and that could plague them for many more years to come.

As individuals, it is important to consider this information carefully prior to entering into just any career field for study. More so, the graduates of this year and previous years must find a way to create a new path that allows them to push past the risks they face overall of not entering in a stable career for years to come. Not doing so could impact the quality of their lives for years to come.

Photo Credit: suphakit73 FreeDigitalPhotos.net

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Getting the Interview: 5 Things That Will Make Employers Ignore Your Resume

September 26th, 2011

As a job seeker, it’s generally common sense to put your best foot forward to garner positive attention from recruiters. The problem is that oftentimes candidates may do things that cause hiring managers to avoid them, without actually realizing it. If you aren’t getting the kind of responses you need from the companies you are applying for, perhaps you are doing one of the 5 things that can make employers ignore your resume?

  1. Failure to Follow Instructions – When responding to a job advertisement found on a career board or online job posting, you should really take the time to read the instructions and follow them. It’s surprising then that many candidates fail to follow this first easy step when inquiring about a job, which makes them look careless. Take the time to read the job ad and visit the company career page for more information before making this mistake.
  2. Not Qualified for the Job – You may see a job that appears to be interesting, and besides it’s with a company you’ve been dying to get on with. Before you click “apply”, read the job description and requirements before firing off your resume. Why? Because if you get in the habit of applying for jobs you are not qualified for and waste the recruiters’ time, they will ignore you on all future jobs.
  3. Generic Resume/Cover Letter –In an effort to save time, often well-meaning candidates will develop a form letter cover sheet and a generic resume, which applies to all jobs. While this may seem like an efficient way to search for work, it’s a real turn off for recruiters who can spot a cover letter or resume like this from a mile away. To avoid looking like a thoughtless job seeker, put some time into crafting an original cover letter for every job you apply to.
  4. Unprofessional Email Address – Whether you realize it or not, the email address that you use to send out your resume speaks volumes about you as a person. Avoid using an email address that sounds cute, sexy or funny. Hotman69@email.com or sweetlovergurl@email.com are NOT appropriate emails to use, nor should you use your current workplace email addresses or a friend’s email address. Instead, opt for an email address that simply states your name so the recruiters can easily track you down to call you for an interview.
  5. Over-Applying for the Same Company – You may think that sending your resume to the same company umpteen times will get the attention of a recruiter there eventually, and in fact you are right. Only, you won’t get the kind of attention you want. Instead, you will give the impression that you are highly desperate and annoying at the same time. Be careful and don’t re-apply for a company more than a few times a year.

Want to get access to a wide range of great career opportunities? Visit Concorde Personnel today!

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When is the Right Time to Start Looking for Candidates?

July 8th, 2011

Image: Idea go / FreeDigitalPhotos.net

There’s a right time and a wrong time to start seeking candidates to fill key positions within your organization. While each business has different needs and roles to be filled, there are ways to be prepared for peak growth initiatives. Knowing when to start looking for new people can ensure you have access to a quality pool of candidates when you need them the most.

The issue with many companies is that they start looking for applicants only when a current employee gives their resignation notice. This generally does not give enough time for the human resource department to find a good replacement. Being in this position can cause a whole range of problems, which can lead to failure. The worst case scenario is making a bad hire out of desperation.

To avoid this type of situation, it’s always better to collect applications from career seekers throughout the year. Carefully screen all resumes for skill-sets that your company needs to fill positions, should they become available. Conduct telephone interviews with the best candidates and keep their information in organized files for times when you need to fill a critical assignment.

Searching for quality candidates should be an ongoing process, particularly for jobs that have a typically high turnover rate. These are usually entry level positions such as customer service, general labor and administrative roles within your organization. Keep a rolling file of fresh candidates who meet the requirements of each job type, so you have a pool of eligible folks handy at all times.

A great way to keep your candidate queue full is by hosting a seasonal career fair for your company. This can be accomplished by participating with local recruitment agencies or nearby colleges and universities. Quality candidates, who are searching for new career opportunities will be readily available through these sources, making it easier for you to find highly qualified individuals.

The right time to search for job candidates is all the time. This should be a continual process, so that your company can maintain its workforce with skilled candidates. By being proactive in your company hiring activities, your company will be able to meet the demands of the industry and maintain high standards as the company grows.

 

Be sure to contact The Concorde Group for support when seeking quality job candidates for your company this year!  Visit our employers’ resource center and find out how Concorde Personnel can help you achieve your business objectives.  http://www.concordepersonnel.com/employers

 

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