With cashed up corporate balance sheets and strong earnings growth, employment levels continue to improve across America in 2014. The latest 2014 unemployment rate has declined to 6.1% as of 8/12/2014. Meanwhile, the number of long-term unemployed fell 300,000, the sharpest drop in 2½ years, to 3.5 million.
It’s in the first half where ideally all hiring shall be done because: 1) The best available people are still available. There is a bias against people looking in the 3rd and 4th quarter because rightly or wrongly, companies will be wondering what’s wrong with you for not having found something earlier; 2) Companies need to spend their budgets while they are still available. There’s no time like the present; 3) Hiring an employee at the start of the year gets the most out of the employee, especially if there is a guaranteed compensation package.
If you find yourself looking for a job in the second half of the year, it’s important to hustle a little more or prepare for activity to pick up in the spring. Don’t give up home. Use this time to plan more thoroughly.
I’ve seen over 7,000 resumes in my career and hopefully this article and subsequent articles linked within can help you out. An excellent resume should be standard.