Recessionary trends and global meltdown patterns have hit the world very hard, causing the employment industry to swoon into a deep trench of insecure job conditions. Gone are the days when job seekers used to face the predicament of choosing from multiple offers. Today, the world moves ahead with extreme competition persuading job seekers to look for all range of options to grab a prospective job. This article tries to assess the new face of the labor market post recession.
- Time for active job search – today, job seekers are all out to look for options that will land them a great job in the offing. From scouring over company websites and community newsletters seeking the help of advanced job portal websites, job seekers are trying everything possible to meet a prospective recruiter. There is increased participation of job seekers at career and job fairs.
- Era of super fast pink slips – In the fear of another recession, companies, especially the corporate ones, have made rapid amendments to their layoff agreements. More and more employees are handed pink slips and fired every day. This just further alludes to the fact that compared to the pre-recession period, even the most minor mistakes of employees are not tolerated.
- Efficient utilization of social media tools – More and more social networking websites are now being used to effectively convey job information and trends in the labor markets. Career counselors and employment consultancy professionals have pointed to the major role that social networking websites like Facebook play in their life. With virtual space having become the hotbed for discussions and debates, it is indeed not surprising to see such trends.
Even though the recession may have receded to a great extent, the job markets are still experiencing great discomfort and thus grappling with the issue. Job seekers are now forced to try harder than ever to find a prospective job.