From the global pandemic to wild fires and worldwide protests, 2020 has taken a turn that no forecaster could have predicted. These activities have had a significant effect on countries’ economies, and by extension, the labor market. From layoffs to furloughs, lots of people have lost their jobs and most are not sure whether they will get either that one back or secure another job. Between January and August 2020, unemployment rose from its years long average of between 4 and 6% to 14% and has dropped to about 10% which is still uncomfortably high.
New entrants into the labor market are perhaps the most confused as everything seems to be changing in the face of people with jobs not sure of how things would go. How are you supposed to navigate this uncharted terrain? There are people who are making the best of this situation, landing new jobs, changing to better jobs, and getting promoted.
What are they doing and how can you adapt this into your own job search? These suggestions will show you how:
You might have read about the red and blue ocean strategies which are basically about seeking out less crowded markets in which to compete. This is perfectly applicable in your job search as well. The Blue Ocean strategy is randomly applying for jobs. Everyone else is doing that and it reduces the chances of success to average. Using the contacts you already have is a far better approach. Many job openings are filled without any adverts and these are based on recommendations and referrals.
Don’t feel bad to let the people around you know that you are job hunting. They just might have a link to someone who works in an organization that needs your skills. LinkedIn also works perfectly for this sort of networking. Reach out to Human Resource experts and other professionals in your target industry and see if you can get introduced to an opening.