Since the Global Financial Crisis Stock market crash in October 2008, the job market in Australia has dramatically changed. Where you’d find employers needing staff to cope with growth, businesses are laying off people. This has made it harder for those needing or looking for work.
Prior to the dramatic changes in the Australian job market job listings were plentiful and now job listings in each state barely reach 4000 in most states except New South Wales(approx 6-7000 listings). Official figures released, have indicated the rate of unemployment is steady at 5.8%. This is expected to hit a peak of 6.9% by the end of 2010. This means tough times ahead for those looking and needing work.
The job market is currently is tough for the average Australian because now instead of a huge need for employees, hundreds of employees are fighting for a single job. Increasingly, the work available is part time. Employees today are required to convince bosses that they can meet the requirements of the job and prepared to push themselves to secure the job. You skill set must meet the demands of employers or your out the door.
There are ways to be in a good position to secure yourself against redundancy or gain employment.
Here are some tips to stabilize your job situation the best you can:
• Over deliver on what is expected of you
• Keep up-to-date on your skills.-Take courses in your spare time, ask your employer for continued training.
• Watch the profitability of the company.
• Start a savings account.-If you lose your job, you’ll at least be able to cover expenses for as long as you got savings to cover yourself. 6mths-1yr of living expenses worst case scenario.
• Stay on top new technologies and company information. Be the go to person for such knowledge.
• Don’t complain or whinge. Instead of complaining, present a report to your boss describing the complaint and proposing a solution to fix it.
|
