The US economy is living a semi-charmed life.
As of today the DOW-JONES average, S&P 500 and NASDAQ have for the most part recovered the losses experienced at the beginning of 2009. On one hand this is good news for retirement savings. On the other hand, job losses have continued to rise over this same time period.
So what’s happening?
Not to over simplify the situation, but it is principally driven by lower costs and the stock market response to those costs.
Step back a moment and take a look and when led up to this point. Companies have spent nearly two years trimming staffs and budgets in the face of economic headwinds. As a result, operational costs have become much more efficient as a percent of revenue, resulting in improved performance and more favorable quarterly reports. In turn, stock prices initially stabilized and then rose this year.
What does this mean for you?
First, in general strong candidates are finding jobs while average workers continue to go wanting. (Duh) It may not be EAST or QUICK to find that next job, but that’s not the point.
Second, candidates with a record of efficiency and the proven ability to manage vs. babysit programs and initiatives will be in demand. Trust me – it’s already happening.
Consider the last point when polishing your resume and crafting the responses to the typical set of interview questions.
It’s time to set yourself apart – on the marklet’s terms.
I want something else,
Get me through this semi charmed kind of life.
Semi-Charmed Life –Third Eye Blind