Thursday, April 30, 2009

Forget the Economy; Stick to the Job Hunt

This post ran on this week's LinkedIn Blog as part of the Seek Week coverage, which specifically helps Class of 2009 grads.


If you’re a little frightened to enter the working world in today’s economy, you’re not alone—many grads find the financial climate intimidating. But the key to landing a job in these tough times is to press on with your job hunt, and get a little creative, too.

Create a strong marketing platform. Instead of fretting over what’s on CNN, arm yourself with a strong resume. If you’re not getting jobs, the economy isn’t solely to blame. Make sure you’re putting out a strongly written, error-free resume and that you practice interviewing with a friend or family member. Today’s job applicants can’t just present themselves; they have to sell themselves. So dazzle each cover letter and interview with concrete examples of why you are the best person for the job. No experience? Think about transferable skills.

Explore new careers. When job hunting, recent grads need to get over the fantasy of immediately landing their dream job. This is smart advice regardless of the economy. Consider something outside of your major. For example, an English major who wants to be a journalist can apply at newspapers and magazines and consider jobs in copy writing, editing or teaching. With the economy the way it is, sometimes having a job that’s not spot-on is better than having no job at all…just make sure it provides a solid foundation for your career.

Limit job-hunting time. Certainly you should devote time and energy—and use every resource—to get a job. But everyone needs a break. Hunt in spurts and take a rest when need be. And limit your exposure to dismal media reports. Everyone knows the job market is difficult; don’t let the doom-and-gloom news deter you from success!

Can New Grads Freelance, Too?

If you're not too keen on the idea of the sometimes-horrendous 9-to-5 job, maybe you should consider freelancing. While I don't recommend jumping into this (instead, take a job and freelance on the side to build clientele), it's interesting to explore the idea.

That's why I'm loving this article by Heather Huhman. She spoke to Michelle Goodman, author of “My So-Called Freelance Life: How to Survive and Thrive as a Creative Professional for Hire,” on how new college grads can ease into the freelance world. She's very practical about building a freelance business into a self-employment empire for the future--or you can continue to freelance in addition to a 9-to-5 gig, long term.

Michelle recommends that new grads do the following:

  • Work on freelancing in addition to a full-time job, in the beginning
  • Save money
  • Build your network while you moonlight
  • Create a killer portfolio
  • Take time to learn how to run a business

Check out the entire article here for more great advice on starting the freelance life!




And pick up Michelle Goodman's book for a humorous yet practical look at freelancing!


Check out @heatherhuhman and @anti9to5guide on Twitter!

Wednesday, April 22, 2009

Top 10 Jobs for the Class of 2009

CareerBuilder recently listed 10 promising jobs for the Class of 2009. Check out the article here!


Accountants and auditors
2006 employment: 1.27 million
2016 employment: 1.5 million
Percentage increase: 18
Best for: Accounting majors


Database administrators
2006 employment: 119,000
2016 employment: 154,000
Percentage increase: 29
Best for: Computer science, information science or management information systems majors

Electrical engineers
2006 employment: 153,000
2016 employment: 163,000
Percentage increase: 6
Best for: Engineering majors

Financial analysts
2006 employment: 221,000
2016 employment: 295,000
Percentage increase: 33
Best for: Finance, economics, business administration, accounting or statistics majors

Management analysts
2006 employment: 29,000
2016 employment: 30,600
Percentage increase: 5.5
Best for: Business administration majors

Marketing managers
2006 employment: 167,000
2016 employment: 192,000
Percentage increase: 15
Best for: Business administration majors

Mechanical engineers
2006 employment: 226,000
2016 employment: 235,000
Percentage increase: 4
Best for: Engineering majors

Network systems and data communications analysts
2006 employment: 262,000
2016 employment: 402,000
Percentage increase: 53
Best for: Computer science, information science or management information systems majors

Personal financial advisers
2006 employment: 176,000
2016 employment: 248,000
Percentage increase: 41
Best for: Accounting, business, finance, economics, mathematics or law majors

Sales managers
2006 employment: 318,000
2016 employment: 351,000
Percentage increase: 10
Best for: Business administration majors


Tuesday, April 21, 2009

Seek Week '09: Geting Started in the Real World

LinkedIn is making it easier for soon-to-be and recent grads to find jobs. Check out SEEK WEEK '09. There are some valuable posts including:

Friday, April 17, 2009

Companies Catering to 2009 Grads

When sending out resumes and applying to jobs, keep these ones in mind.

Experience.com lists its Top 20 best companies to work for that have outstanding hiring and retention practices geared toward entry-level candidates.

Among the winners:
  • Accenture
  • Hyatt Hotels
  • Liberty Mututal
  • GEICO
  • Northrup Gruman

CareerBuilder also assessed companies to determine which ones were hiring grads from the Class of 2009. Their list includes:

  • Allstate
  • DISH Network
  • Kaplan
  • Maxim Healthcare Services
  • Ride Aid
  • Sara Lee
  • Weichert Realtors
  • Tyson

Remember--even if you're not interested in those industries, companies require people in all disciplines from technical personnel to marketing employees. So get your resumes out there and take advantage of companies that cater to new grads!!

Wednesday, April 8, 2009

Grads Face Jobs Paying $1,110 Less Per Year, But...

Okay, okay...so the truth is out there, at least according to BusinessWeek. They released a story today saying that most grads will earn on average $1,100 less per year in today's sour economy. Sounds bad, but when you hear what some grads are making, you may not feel so bad.

The article also says that "a typical senior was being promised $49,624, while this year's number currently stands at $48,515."

I have to say something about this: $48,515 is not too shabby. Even if it is $1,100 less than "normal." In fact, I'd like to hear from grads that started a first job over $35,000 a year--most I know didn't hit the $40,000 mark until they were in their mid-20s. While salaries may be higher in cities than in rural areas, $48,000 a year is still nothing to cry about. While for some industries this may be on the lower side, it's still a strong starting salary.

So, yes, it stinks that salaries are temporarily down. But so are other costs as a result of the economy. And if you can get a job--especially one that provides a foundation for your future career, even if you don't know what that is right now--I say be grateful. And if you aren't anywhere near the $48,000 mark, that's okay too.