Get a Job – Young Money Money: Earn it, Invest it, Spend it Thu, 10 Aug 2017 23:17:14 +0000 en-US hourly 1 Procrastinating About Your Job Search? Thu, 26 Dec 2013 20:31:35 +0000 When you’re a freshman, graduation seems light-years away, so you figure there’s no need to start worrying about career plans yet. As a sophomore trying to decide on a major, you might get some inkling that you’re going to have to make a career choice in the not-too-distant future, but it still doesn’t seem like you really need to do anything about career planning or job hunting just yet.

By junior year, reality starts to creep in, and you know you’ll have to start thinking about your career fairly soon. But you decide to define “fairly soon” as at least a year away. Before you know it, senior year arrives, and you find yourself adrift in a sea of denial about the need to start your job search. At that point, you have two choices: Let panic set in and do nothing, or use those twinges of panic to motivate yourself to take action.

What’s Wrong with Me?

How did you become a job-hunt procrastinator and what can you do about it? The following are four typical excuses students give for putting off their job searches, along with a reality check for each excuse:

Excuse 1: Basically, I don’t feel a sense of urgency. Graduation seems far away, and I have a roof over my head and food on my plate, so the need to earn a living doesn’t seem so critical. I don’t want to worry about job hunting yet.

Reality: The time will pass much more quickly than you expect it to! It’s never too early to start making your career plans and laying the groundwork for a job hunt. The earlier you start, the easier the actual search will be.

Excuse 2: I don’t know how to look for a job. The process is so overwhelming and confusing, to be honest, I’m a bit intimidated. Since I don’t know where to begin, I’m going to opt to not begin at all.

Reality: It’s normal to be somewhat overwhelmed by the thought of looking for a job, especially if you don’t know how the process works. The reality, however, is that job-hunting methods aren’t rocket science. Your campus career counselors as well as the many job-hunting guidebooks and online advice at your disposal can demystify the process for you in no time. Career counselors can also help boost your confidence, enabling you to see that you are employable.

Excuse 3: I just don’t have time to look for a job. Between classes, homework, studying for exams, extracurriculars, socializing, and maybe a part-time job or internship, I can’t find the time to put together a resume, go on an informational interview or take any steps toward making some career plans. I’m just way too busy.

Reality: It’s understandable that all those other activities have to take precedence over job hunting, especially before senior year when you really aren’t urgently in need of a job. It’s worth it, though, to carve out some time on a weekly or monthly basis to do your career planning and job hunting gradually. Doing so will help you avoid a last-minute crunch senior year and will actually make the search easier overall. Your campus career counselors can help you set some objectives for career-development activities you can take on little by little — a kind of four-year plan regardless of which year you’re starting it. You can begin tackling your career planning without making a huge dent in your already busy schedule.

Excuse 4: I don’t have a clear job target. I don’t know what kind of job to look for, so I don’t do any looking at all.

Reality: It’s true that you do need to know what you’re looking for before you can embark on an actual job search, but that doesn’t mean you shouldn’t be doing anything. Sitting back and waiting for some sort of revelation about your perfect career direction is not the right approach.

Instead, you need to realize that the process of choosing a future career field is actually a part of your job search. The same self-evaluation (of skills, abilities, interests and priorities) that goes into deciding on a career direction can help you prepare to market yourself to prospective employers. And the research you might do on what’s out there in the world of work (researching professions and companies) to target a career direction serves a dual purpose of targeting potential employers and developing a network of contacts.

Whether you’re a freshman or a final-semester senior, it’s never too early or too late to get moving on your career planning and job search. You can overcome procrastination.

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Positions Available For Those Willing to Adapt Tue, 13 Sep 2011 15:00:00 +0000 Industries like healthcare continue to grow even as others struggle.Unemployment in the U.S. continues to hover above 9 percent and many around the country face difficulty finding new work. A recent survey from CareerBuilder, however, found that those with experience and education have a variety of opportunities in some of the country’s largest companies.

The survey included more than 800 workers laid off in the past year. Of this group, roughly 60 percent had moved on to new employment with a surprising 54 percent of group switching career tracks entirely.

“Right now, we have a multi-speed labor market where certain areas like healthcare, IT and engineering are recovering faster than others,” Matter Ferguson, chief executive of CareerBuilder, said in a statement. “We’re seeing significant growth in skilled positions, but not enough talent to fill those positions. This goes back to the importance of ‘re-skilling’ workers for opportunities where we’re not only seeing demand today, but expect to grow in the future.”

The career site highlighted some major companies with substantial openings, such as PNC bank with more than 1,000 positions and AON insurance with nearly 1,400 positions.

Caterpillar notes that it has had difficulty filling positions across almost every skilled job category, from engineers to welders, according to Reuters.

Career coach advises college students to register with LinkedIn Wed, 11 May 2011 13:25:14 +0000 College students ought to establish accounts on LinkedIn, a career counselor advises.Popular professional networking website LinkedIn is a perfectly suitable resource for the unexperienced, green-behind-the-ears job hunter.

In other words, college students can capitalize on use of the growing network, according to the column of a career coach that was printed on U.S. News & World Report. Though some users with minimal experience might be disinclined to use the Mountain View, California-based company’s website, many perks are at play.

“Joining early, learning how LinkedIn works, and connecting with professional contacts throughout your college career will help you later,” Miriam Salpeter writes. “You may have a work-study or part-time job, enjoy a good relationship with your supervisor, but not want to be friends on Facebook. What better way to connect and stay in touch than LinkedIn?”

And even the powers-that-be at LinkedIn know this as they claim about 200,000 college students join every month. The resource also has a portal earmarked for students.

“In a transient environment, when people do not always stay in one job very long, connecting via LinkedIn helps you keep track of contacts who might serve as references or refer you to opportunities later,” her column states.

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Bright outlook to greet freshly graduated job hunters Mon, 09 May 2011 12:56:31 +0000 This year's college graduates are facing a market that's slightly more friendly this year.Bright-eyed, bushy-tailed college grads eager to start their careers have some good news as they hunt for their opportunity to break into the workforce at the entry level.

CNN reports employers are preparing to hire 19 percent more newly graduated college students this year as compared to figures from 2010, according to the National Association of Colleges and Employers (NACE).

And, the association reports, the average entry level salary for the newly graduated will be $50,462 per year.

Further, graduating seniors are more likely to already have a job offer now as compared to their counterparts at this time last year, according to a NACE survey. Forty-two percent of seniors this year received for offers from where they applied while last year 38 percent scored an offer.

But this year’s graduating seniors also are more finicky when it comes to job offers presented to them.

“We’re seeing many more seniors applying for jobs this year, and we’re also seeing more turning down job offers,” according to Marilyn Mackes, executive director of NACE.

She said this year’s crop of graduating seniors also is more aggressive. At least 66 percent of 2011 graduates applied for a job while 2010 saw slightly more than 45 percent apply for opportunities.

In 2010, 59 percent of the graduates who were offered jobs accepted the offers yet this year, that figure slipped to 57.5 percent.

“This year’s graduates are a little more willing to hold out for a different job offer,” according o Mackes.

Experts’ advice for those who have not yet landed jobs includes be prepared to network, both face-to-face and online. Hiring managers and human resources officials are likely to search for applicants’ profiles on social media sites, which means incriminating photos or ones that project images of potential employees who are less-than-responsible should be removed.

Candidates should upgrade the professional level of their email address and their greetings on voicemail since potential employers have direct access with those to means of contacting the candidates, CNN wrote.

The student’s alma mater likely has a career center and alumni office, both of which can serve as openings on which job hunters can capitalize.

Another piece of advice for applicants is to beef up resumes. Though some employers only look at resumes for 30 seconds or less, the prominent points of an applicant’s background should be highlighted. A special emphasis should be placed on work experience that is both inside and outside of the classroom.

That tactic will prove to be especially notable if the candidate holds a minimal amount of professional experience because hirers will note the job hunter devoted some time while a student to being a go-getter rather than a slacker.

Also attractive to potential employers are internship opportunities, part-time work, club and volunteer work, and involvement with organized athletics.

The internships also can widen into opportunities. A NACE survey revealed at least half of hiring managers brought aboard their interns by giving them full-time positions. Maintaining contact with former employers is a strategy that should never be underestimated.

Once the interview process begins, potential employers are likely to notice how the applicant behaves, what kind of poise the applicant carries and the manners that the interviewee displays.

Also of note is how prepared the candidate is for the interview, whether the applicant knows about the company and how appropriately the candidate is dressed.

And as the final touch, applicants should always remember to send thank-you notes as a method of remaining high-in-mind. These days, emailing a thank-you note is acceptable if not a more rapid strategy to stay in mind.

But letters sent via snail mail tend to be more formal.

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Do something useful this summer Fri, 29 Apr 2011 13:00:03 +0000 Why an internship is triple important for CPA hopefuls

You have to start somewhere in your path to career satisfaction. Fortunately, a well-chosen internship provides the perfect place to get underway. Here’s why an internship is more valuable than any week at the beach:

Internship? More like interview. Tons of people end up working at the places they intern. Amanda Brown, a recruiter at Big Four firm KPMG, affirms that “our internship program is our main pipeline for full time hires.” What does that mean to you? You’ll never get a better shot at joining the team for good.

Go in smart. Come out smarter. In addition to learning the ropes, you’ll be improving your writing and presentation skills, seeing how teams collaborate in the “real world” and familiarizing yourself with the technology being used in the field. (You’ll be wise to take notes.)

Make friends in high places. An internship is a smorgasbord of chances to form new business relationships. Dig in – get business cards, book lunches with people who impress you, go to (or even help run) the corporate events – and make contacts and connections you can keep for a whole career.

Skate through school. Whether it’s a summer internship or one that lasts through a semester, you’ll likely come back to your classes energized, engaged and much readier to grasp the course material. Trust us – it just “clicks” once you’ve seen how this stuff gets applied in a business setting.

All this got you thinking about an internship of your own? Find out what companies are looking for.

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Report: Best Labor Market For College Graduates Since 2008 Thu, 28 Apr 2011 16:20:49 +0000 College graduates this year have the best job prospects since 2008.The U.S. labor market has struggled to emerge from the depths of the recession, but college graduates this year have some good news to cheer, according to a recently published report.

Bloomberg reports that the class of 2011 is enjoying the best job market for new graduates since the 2008 financial crisis took hold. The National Association of Colleges and Employers said that college graduates this year are being offered jobs across a variety of industries in numbers not seen in over three years.

Edwin Koc, the head of research at NACE, said the rise in job offers is a result of the uptick in business at finance, energy and technology companies, which have all bounced back as an economic recovery has taken hold. This year, about 1.6 million students are projected to graduate from U.S. colleges.

A majority of companies are looking to fill vacancies that have lingered for the past few years, and they’re hiring young people to fill that void, Koc affirmed. Colleges across the U.S. have witnessed the uptick in hiring first hand as job fairs have been extended and job postings on college websites are up precipitously from the past few years, according to analysts.

Survey: 83 Percent of Startups Plan to Hire in 2011 – Though Worries Remain Over Regulation, Lending Fri, 22 Apr 2011 10:13:27 +0000 83% of startups plan to hire this year, according to a new survey released Friday. Though the U.S. job market has been slow to recover from the recession, the unemployment rate has fallen to 8.8 percent from 9.8 percent in November, and there has been sustained growth over the past five months. In a jolt of good news for those looking for work, a new survey released this week showed that startups are increasingly optimistic about the economic climate and plan to continue to hire additional workers this year.

The survey, Startup Outlook 2011, was released on Friday by Silicon Valley Bank, which works with venture capital and technology companies throughout the world. The bank surveyed 375 U.S.-based private, VC-backed software, hardware, life science and cleantech companies and found that a majority of startups are bullish on the direction of the U.S. economy.

According to the survey, a majority of startups believe the economy will continue to improve as the year goes on. Of the companies polled, 83 percent plan to hire this year, representing a marked increase from the 73 percent of businesses that said they would add workers during last year's survey.

The burgeoning confidence that startups have in the economic recovery is especially important as small businesses are historically responsible for a majority of hiring in the U.S. following economic contractions. According to Silicon Valley Bank chief executive Greg Becker, the planned hiring illustrates the success that startups have experienced over the past year – even as the economy struggled to expand.

"This new data, however, clearly shows that technology companies met or beat their 2010 revenue targets, are still experiencing improved business conditions and are creating U.S. jobs," Becker said in a statement. "There is no question that the innovation sector is making a tangible impact on the U.S. economy and our ability to compete globally."

Nonetheless, the startups surveyed also said that securing loans and working through complex regulations could impede future growth. Life science startups were particularly concerned about new regulations, with 64 percent of these companies affirming their ability to grow is significantly hurt by new rules. Further, 83 percent assert the government could help them expand by streamlining the FDA approval process.

Mary Dent, the general counsel and head of government relations for SVB Financial Group, said the survey is meant to help entrepreneurs succeed and to highlight potential impediments to growth they face to policymakers. "We launched Startup Outlook last year to help bring entrepreneurs' issues and ideas to policymakers so they can help create an environment in which American innovators can build thriving businesses in the U.S," Dent affirmed.

Looking for a Job? Try Avoiding these 10 Key Industries That Are Dying Off Fri, 01 Apr 2011 14:14:58 +0000 DVD and video rental businesses are identified as a dying industry in a newly released report. According to government data issued Friday, in March, the U.S. economy added 216,000 jobs and the unemployment rate fell to 8.8 percent. With the jump in private payrolls, the labor market has started to rebound, many economists assert. Nonetheless, there are industries that continue to suffer and are projected to perform poorly.

A recently released report from IBISWorld identifies 10 industries that it predicts will experience difficulty even as other industries begin to experience sustained growth again. The report states that “industries go through life cycles, and largely speaking, these are growth, maturity and decline.”

All of the industries in the report were chosen because they met certain criteria: They are all in the decline phase of their life cycle; they posted large revenue losses during the past decade; and they all predict declining revenue growth through 2016. Formal wear rental stores, for example, are forecast to post a 17 percent decline in revenue by 2016 – on top of the 28.5 percent plunge in revenue they experienced from 2000 to 2010.

Moreover, what’s interesting about the list is that some of the industries identified are actually relatively new themselves, but are still being phased out because of the jaw-breaking speed at which technology changes. DVDs, for example, have only been around for little more than a decade, but with the proliferation of Internet-based streaming and the surge in popularity of companies like Netflix and Hulu, the technology is all but becoming obsolete.

Though steeped in lore, newspaper publishing is also one of the industries that is dying out, according to the report. Newspapers have continued to suffer as consumers shift their habits away from print form and toward the Internet. In an attempt to adapt, the New York Times, thought of as the most influential paper in the U.S., recently introduced a system through which online readers will now have to pay for content they read online after they’ve gone through a certain number of free articles each month.

Globalization has also hurt certain industries in the U.S. Mills, apparel manufacturing and formal wear and costume rental stores all have been hurt by the abundance of cheap goods that have flooded U.S. markets over the past two decades. U.S. manufacturers simply cannot keep prices at the levels set by competition from abroad, where workers are paid far less and costs are lower.

Technological improvements have also hurt wired telecom providers, video postproduction services, record stores and photofinishing (photo printing). These industries are simply being phased out as technology has changed the way Americans and people around the world take in and process information. Landlines have sunk in popularity as smartphone and cell phone sales have boomed, while digital cameras have all but eliminated the need for standard photo printouts. Record stores have also felt the pinch from the iTunes era as more consumers than ever purchase music online.

If you’re looking for a change or thinking about changing your career, here are the 10 key dying industries that you should avoid – unless you’re hoping to single-handedly save them yourself.

1. Wired Telecommunications Carriers

2. Mills

3. Newspaper Publishing

4. Apparel Manufacturing

5. DVD, Game & Video Rental

6. Manufactured Home Dealers

7. Video Postproduction Services

8. Record Stores

9. Photofinishing

10. Formal Wear & Costume Rental

Small Business Owners Plan to Hire 3.8 Million Workers in 2011 Wed, 16 Mar 2011 14:34:03 +0000 Small business owners plan to hire 3.8 million workers this year, according to a newly released study.The labor market in the U.S. has been slow to recover from the depths of the recession. Nonetheless, the unemployment rate has fallen to 8.9 percent from 9.8 percent in November, and U.S. small business owners said they plan to hire an additional 3.8 million workers this year, according to a recently published report.

This week, the University of Maryland's Robert H. Smith School of Business released its latest Small Business Success Index, which asks small business owners to measure the overall health of their businesses. When asked what their hiring plans for 2011 are, 28 percent of respondents affirmed they expect to increase staffing by an average of two full-time employees; only 2 percent of those polled said they intended to cut staff during the year.

Small businesses historically are the main route by which the U.S. labor market recovers from an economic contraction. According to experts, if small business owners add the workers they said they intend to, it could lower the unemployment rate by 2.4 percentage points.

Nonetheless, small business owners assert they still face challenges in accessing capital; overall, they business owners had an average optimism rating of "C-," or a composite score of 73, highlighting the challenges many businesses still face. 

YouTube Plans to Grow Employee Pool by 30 Percent in 2011 Fri, 11 Mar 2011 09:28:10 +0000 YouTube is hiring.Next time you’re wasting hours on YouTube, watching some video featuring a pet cat doing something weird or a little kid being exploited by his father for the sake of a laugh, you should probably reassess what you’re doing. After you’re done, you should consider applying for a job at the Google-owned company.

YouTube, the premier Web site for watching videos online, announced Thursday that it will increase the number of people it employs by 30 percent. Through its six years of existence, YouTube has grown from a fledgling upstart to a global phenomenon; according to the company’s executives, there are over 2 billion page views every day.

In 2011, YouTube plans to hire the biggest number of people in its history. The company will hire workers in a variety of fields; currently, there are openings in departments ranging from administrative, legal and advertising and sales, to engineering, product management and marketing.

The corporate culture at YouTube is like that of a startup, according to the company’s blog, and because it is owned by Google, employees still enjoy all the benefits of having one of the world’s biggest technology companies as a parent company. Instead of watching videos about how to find a job on YouTube, why don’t you try working there instead?