Is your job next?
This financial crisis is likely to trickle down to every part of the job
market, said Rachel King in FastCompany.com. Some workers, though, are more vulnerable than others. If you’re an accountant who specializes in risk management, there’s little to fear. But “if you’re a freshly hired middle manager with a company that’s about to be swallowed up in a merger, make sure your résumé is up to date.” Energy, green technology, and health care are relatively hardy industries, say recruiters. Public relations, marketing, and advertising? “Not so much.”
Unfortunately, this “grim” picture is not likely to improve anytime soon, said Dave Carpenter in the Associated Press. If you’re out of a job or think that yours might be in jeopardy, put your job search ahead of the slowdown,” says John Challenger of Challenger Gray & Christmas. Be open to moving to a different city or a different industry. That way you’re not “bumping into” other people in your industry who are in the same boat. Yet this is probably not a good time to change careers altogether—unless, of course, you’re thinking about becoming an accountant.