Financial Literacy
How to Find a Job During a Recession
During a recession it is best to move forward with force, while your competition is moving slowly. It is easy to use the economy as an excuse. Successful job seekers know that even in tough economic times, there are opportunities. You just have to dig a bit deeper.
If you are getting ready for a job search during troubled times, here are some tips from the experts.
Click HERE for Tips for a Sucessful Job Search
1. Take a closer look at industry
          
          Research industries and job sectors that are experiencing worker 
          shortages or still experiencing job growth. These are the areas 
          where you may want to focus your search.
          
          
          For example, by looking at the BLS data, you will learn that health 
          care, education, government, food services and drinking places, 
          and IT categories have all gained jobs this year.
2. Freshen up your skills
          
          "Don't give an employer a reason to pass you over because 
          you don't know the basics," states Diane Morgan, director of 
          career services at London Business School. Morgan says everyone 
          should know basic office skills like Microsoft PowerPoint and Excel. 
          "Since these are skills you can teach yourself from the Internet 
          or a library book, there are no excuses for not having them."
          
          
          Morgan also suggests brushing up your sales skills (persuasion, 
          negotiating and influencing) even if you aren't in the sales industry. 
          You need to sell your best product, which is you, so make sure your 
          personal pitch is relevant, timely and effective, she asserts.
3. Try part-time or freelance work
          
          "Rather than one 'job,' think in terms of multiple positions. 
          Breaking in [to a new job] may be easier if you aim for part-time 
          work within a company," advises Katy Piotrowski, career counselor 
          and author of "The Career Coward's Guides." "Line 
          up multiple part-time positions and you'll benefit from more job 
          security; if one position evaporates, you have the others to fall 
          back on." 
          
          Moreover, it will pad your résumé and your wallet.
          
          
          Rachel Weingarten, author of "Career and Corporate Cool," 
          recommends job sharing or taking over for someone on maternity leave 
          or during the holiday crunch. 
          
          "A lot of people don't want to commit full-time skills to 
          a part-time or temporary gig. In this economy though, it can allow 
          you to not only try on a job for size, but to also improve your 
          skills, impress a potential long-term employer and network like 
          crazy with people in your chosen industry," she says. "Instead 
          of nervously waiting for the right full-time career, you can potentially 
          make something better happen in the short term."
4. Rev up your social networking
          
          Gone are the days of peddling your résumé at anonymous 
          networking events with watered-down drinks and goofy nametags. Now 
          you can have countless opportunities with a few keystrokes and a 
          couple of mouse clicks. 
          
          
          Sure you've received those requests to join LinkedIn and BrightFuse, 
          and you certainly use Facebook daily. (Scrabble anyone?) But now 
          is the time to really take of the network you've probably casually 
          built over the years.
          
          Networking is easier than in years past because of the easy access 
          to your network and those of your friends and colleagues, Matuson 
          declares. "Now you can go onto [social networking] sites and 
          see who in your network knows someone at a company that you might 
          be interested in working for. You can then ask them to make an introduction 
          on your behalf."
5. Think in terms of results
          
          "In today's recessionary environment, the single most important 
          thing that a job seeker can do to advance his or her career is to 
          demonstrate how they can build value for a company," says Wendy 
          Enelow, author, trainer and career consultant.
          
          "As we all know, past behavior is indicative of future behavior, 
          so if you've been successful in growing sales, slashing overhead 
          costs, improving profit margins on specific products, capturing 
          new clients, etc., then clearly and prominently position those achievements 
          within your résumé and other job search communications," 
          Enelow suggests.
6. Role play
          
          Practice your answers to interview questions -- especially the 
          one that explains why you aren't working, recommends J.T. O'Donnell, 
          a nationally syndicated workplace columnist. "If you were fired, 
          or part of a layoff, you most likely are struggling to deal with 
          this adversity. Role play with someone so you can get comfortable 
          with your answer," she proposes.
          
          "Confidence is key. You'll need to be able to explain the 
          situation in a way that is authentic and sincere without sounding 
          bitter or defeated. Try to stay positive and share what you've learned 
          from the experience -- employers hire folks with good attitudes 
          and the ability to handle adversity."
7. Polish your brand and market it
          
          "How you choose to market yourself will directly impact how 
          long it will take to find a new job," O'Donnell declares. "Identify 
          your strengths and put together the best possible personal brand." 
          You can do this with a flawless résumé, customized 
          and compelling cover letters, and articulate and engaging networking.
          
          
          "Searching for a job is the same in any type of market. You 
          should be prepared, professional and do the work for the interviewer," 
          Morgan says. "Don't make them guess or imagine how you could 
          fit in -- that is your job ... If you can't make yourself relevant, 
          your résumé will quickly be on the bottom of the pile."
8. Find opportunity in your current position
          
          "New skills can come from a small part of your job that you 
          most enjoy doing," Morgan declares. Ask your current employer 
          to send you to a conference, pay membership dues or join an association.
          
          
          You can also leverage dreaded tasks by seeking out ones that match 
          a future interest, Morgan adds. "If you dream of running a 
          nonprofit but are an operations manager, volunteer to run the community 
          day for your company. A former law colleague is now the head of 
          PR for a botanic garden because she leveraged her hobby. "
9. Be realistic
          
          "Get real about the time it will take to find a new job," 
          O'Donnell asserts. "In this current job market, I tell clients 
          to expect it to take at least three months to find a job that pays 
          $40,000. Add one month for every $10,000 more you want in salary. 
          In other words, if you are looking for $80,000 a year, expect it 
          to take at least seven months to find a new job." 
        
10. Consult your Pastor for job leads and 
          spiritual guidance
          
        
The National Black Church Initiative Financial Literacy Program
Teaching African Americans to Budget, Save and Plan for the Future
      
      How to Find a Job in a Recession
See tips from the experts.Job Search
          
          Roundup
        
        
        
        Tips for a successfuljob search
NAACP Opportunity & Diversity Report Card
 
        During this period of high unemployment and declining wealth, which is even more pronounced for African Americans and other people of color, Americans need living wage jobs with long-term career tracks. Given these dire economic circumstances, the NAACP is investigating the diversity and inclusion for industries with the greatest potential to influence job creation and wealth building in our Opportunity and Diversity Report Card. 
        
        
      
      Why Don't More Financial Advisors Look Like Lazetta Braxton? - How to Address the Industry's Race Problem
More black families are entering the economic mainstream, have mor income and are saving for college and retirement.... They need advice and [the financial services industry] is passing up millions of dollars by not reaching out to them. -Rev. Anthony Evans


