Monday, March 10, 2008

Job Recession?

Are we in a recession? When you factor in our export numbers which are very healthy, it may be difficult to claim we are in an official recession. Officially, we need to wait to see if we actually have had two quarters of negative numbers from the feds, but unofficially....

Well, the news late last week wasn't good. And yes. the official jury is still out as to whether or not we are in an official recession. But when you look at increasing gas prices, increasing food costs, and the sinking housing market and now you add in the job loss data - I think a majority of us laymen would agree that we are at least at the beginnings of a recession.

The official news from the Labor Department was that 63,000 jobs were lost last month. Surprisingly, the actual job losses were 100,000 jobs lost in the private sector, but because there was an increase in government hiring the net loss was 63,000.

The more disturbing news was that this was the first month-to-month loss in jobs since May and June 2003. So with regard to jobs, the news and trending is not good at all.

BUT DO NOT PANIC! If you are working for a stable company you probably shouldn't be concerned. But just because you are in a stable company doesn't guarantee any real financial long term stability these days. Therefore, it is never a bad idea to be prepared for the worst.

So... instead of panicking, be proactive and prepared. And that goes for those of you who are unfortunately already unemployed.

Get your resume polished up is the first step. As a general rule, regardless of the economy, your resume should always in fact be polished up and ready to deploy.

Just like a company needs to market their brand, - you need to market yourself. But also just like a company, you have to use the right means of marketing. Using a recruiter is key for anyone to assist with marketing themselves as a candidate for a viable company. Why use a recruiter you ask? Below is a video with information on that exact question. Spend two valuable minutes of your time to listen and learn. Also check out http://www.jtlservices.com/ for information on Connecticut and North Carolina job recruiters.



Greg Angelillo
Online Editor
JTL Services, Inc.
725 Meriden-Waterbury Turnpike
Southington, CT 06489
Phone 860-426-0583
FAX 860-628-5008

216 East Chatham Street, Suite 101
Cary, NC 27511
Phone 919-465-7289
FAX 919-465-7281

No comments: