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The Only Career Advice You’ll Ever Need – Listen to Yourself

A Few Dire Facts Regarding the Present Employment Market

• Bloomberg recently reported, ‘In this recession, an education can’t even save you from losing a job.’ Further, the article states that the unemployment rate (3.6%) of college degree workers is at its highest level since 1992.

• In 2002, the Aging Administration of the United States found that retirees would prefer to delay retirement to an unprecedented one million child boomer participation in the workforce, increasing the need to increase employment.

• A more recent study by Corn / Ferry found that 44% of middle management workers (based on 2,000 surveys) said they planned to go beyond 644.

• Mathematically, about 78 million baby boomers are refusing to retire; In the next section, Generation X workers (40 million) are kicking against the gray ceiling, and Home Office, Blackberry, Myspace, etc.

• Finally, about 500,000 foreigners have been granted H1-B visas to work in the United States. The prospect of staying in the United States puts further strain on the easy availability of jobs for foreign workers, the level of wages, and the working conditions for everyone in the market.

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