No matter what the politics in Washington, the die is cast. We are in an economic hole that has been dug for the past 30 years. That does not mean there is no hope. It does mean we have to compete harder for jobs.
Moneynews.com just published an article entitled, “Economists: Unemployment Won’t Drop to Normal Until 2018.” “American households have lost $14 trillion of their net worth in the recession” said Albert Niemi, dean of the Cox School of Business at Southern Methodist University. The resulting shock is causing a slow down in consumer spending, which is typically 70 percent of the economy. When you get burnt, you don’t want to get burnt a second time.
2018 is so far out, who really knows what our economy will be like in eight years? Unless our government debt and long-term obligations are reduced, the picture could become even worse!
Now for the good news.
If you are seeing hundreds or thousands of people looking for the same jobs that you are, you can get depressed. The good news is that your competition is also getting depressed. Most depressed people will quit showing up and quit trying to get a job. If you choose to keep looking, you are ahead of the pack.
The same somber picture is causing many to have dour moods. So, even when they are looking, they display little excitement, self-confidence, and expectation of getting hired. A hiring manager will keep looking. You can be the exception. You can come in with excitement for working hard, self-confidence that you can excel, and the expectation that you should be the one hired because you know you can add value and give the company what they want.
So how do you get started?
First, get on the new train before it leaves the tracks. The world has changed. Grieve over being caught in today’s mess. Realize that you cannot control the economy. You can control your response. Don’t be a victim. Choose to learn how to be competitive in the new economy. Do what it takes to be successful.
Second, quit listening to old world thinking. What used to work is not working. So, find out what is working and do it. Listen to leaders who understand the roadmap to success in today’s world economy. Follow them.
Commit to a change of thinking from being entitled, being taken care of, being helped, being rewarded for just being alive. Instead, take ownership for your future. Help others. Deliver value to others who then will reward you because you earned it.
Third, start learning. Learn what your passion is. Learn what you really want to do. Learn where your dream job can be found. Learn how to communicate with others what you want to do. Learn how to brand yourself. Learn how to effectively network in the area you want to work. Keep learning as a lifestyle.
If you do these things, you can be successful regardless of the economy or who is in Washington DC.
Unemployment may still be high in 10 years; but not for you.