ALTHOUGH EMPLOYERS CONTINUE TO CUT PAYROLLS to the bone, they appear reluctant to hire again after leaving millions of laid-off workers out in the cold.
It’s true that the labor market has been going through huge technical shifts over the years and the job marketplace appears to have stagnated.Even so, many industries continue to shed jobs. Examples are electronics, the tech industry, manufacturing, technology, and the oil and gas industry.
Economists have a term for what’s going on and has been going on for decades: creative destruction.
That term was coined during the Great Depression of the 1930’s. Creative destruction means industries and companies that are not competitive have to be destroyed so thriving industries and companies can take root.
Past examples of creative destruction were when computers replaced the typewriter industry, when horse-drawn carriages were replace by cars and trucks, and when electricity replaced the ninety-year old gaslight industry.
This reshuffling isn’t so painful during good tines. But when times are bad, the adjustment can be wrenching and drawn-out.
That’s why thousands of you are moving from industries that are struggling—such as manufacturing—and taking your transferrable skills to industries that are taking root and thriving such as healthcare where registered nurses and physical therapists are in demand. Job hunters are also finding opportunities within the Software industry where software developers make a good living. All industries look for network administrators, computer systems analysts, and web developers.
So if you find yourself stuck in the middle of changes surrounding you, do not start wallpapering the Internet with your resume. That would be a big signal that you’re panicking. Instead, begin your job search or career veers with these three easy steps:
First, take a time out to figure out where you belong based on what skills you have to offer including transferrable skills. You can accomplish this by listing what you’ve been good at doing over the yeas. Then determine the skills you used to make those good things happen
Second, take a look at hot and growing industries that appeal to you and select a few to explore. I listed earlier a bunch of industries that are hiring. Those would be places where you can transfer your skills and abilities.
And third, read this related post about “How To Change Jobs.”
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RANDY PLACE is a careers strategist and author of Your One-Minute Job Finding Coach.