michael moore president & coo, moore staffing services a report on career trends: tips for...
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Michael MoorePRESIDENT & COO, MOORE STAFFING SERVICES
A Report on Career Trends:Tips for Career-Minded People
Results of “Near Depression” of 2008-2010
• Massive job cuts
• Stagnant wages
• High rate of real estate foreclosures
• Kids living at home longer
• Stock market/401k crash that forced workers near retirement age to keep working
• Underemployment in all demographic groups
The Good News
• The unemployment rate has steadily improved from a recession high of 10.2% in 2009 to the November/2014 of 5.8% and most recent figure of 5% in November of 2015.
• Wages are starting to rise.
• We now have a war for the best talent in technology, healthcare, marketing, recruiting, product engineering, CAD designers, accounting, finance, supply chain, construction management, trades and other areas.
Areas of Concern
• Not all lost jobs have been recovered since the end of the recession.
• Skills in demand are often a moving target.
• There are too many low paying jobs that people take not by choice but out of necessity.
• How long can the current demand for talent last?
Hot Industries
• Alternative Energy: solar and wind turbine engineers and technicians
• Healthcare: doctors, nurses, PA’s, medical assistants, home health aides, physical & occupational therapists
• IT: data scientists, web developers, software developers, computer support specialists
• Mobile: app developers, product developers, testers
• Construction: engineers, project managers, estimators, administrators, trades
All of these industries hire administrative, human resources, accounting, financial, sales, customer service, supply chain and other support staff.
Source: Indeed.com
$500K Reasons Why Getting a College Degree is Important
A study by the Economic Policy Institute showed that college graduates will earn anywhere from $500k more in their lifetimes than the average non college graduates.
Significantly Better UnderemploymentRate For College Grads
The underemployment rate for college graduates fell from 10% in 2010 to just 4.2% in 2015 (2015 Georgetown University study). The underemployment number for non-college-HS grads is 13%.
Source: http://www.pewsocialtrends.org/
College Degrees Alone Do Not Guarantee Success
Sought-after graduates have…• Above average GPA’s
• Industry related Internships
• Leadership roles in school organizations & clubs related to career
• Good technical skills
• Excellent soft skills
• Participation in charitable organizations/volunteer experience
• Positive social media presence
6 lucrative jobs you can get with an Associates Degree
• Cardiovascular Technologist or Technician: 30% growth expected -Mean annual wage $55,210
• Computer Network Support Specialist: 17% growth expected, computer systems design firms expected growth is 49% - Mean annual wage $66,140
• Paralegal or Legal Assistant: 17% growth expected - Mean Annual wage $51,840
• Registered Nurse: 19% growth expected - Median annual wage $69,790
• Dental Hygienist: 33% growth expected - Median annual wage $71,970
• Web Developer: 20% growth expected - Median annual wage $68,670
Source: http://college.usatoday.com/2015/11/30/associate-degree-jobs/
All the skills & degrees in the world can’t overcome bad soft skills
• Verbal communication skills
• Written communication skills
• Work ethic
• Time management
• Conflict resolution
• Complex problem solving
• Motivation
• Flexibility
• Enthusiasm
• Positive attitude
• Willingness to learn
Soft Skills Assessment Tool
Trending Right Now
Advancing Your Career
• Don’t stand still!
• Always work on improving your soft skills.
• Take on more responsibilities and do them well.
• Solve problems that help your employer improve operations.
• Advanced degrees & advanced training
• Certifications
• Become the super user of MS office, your company’s ERP, CRM or other software.
• Learn trending technical skills even if your employer does not use them.
• Establish a professional reference list with full contact info.
Web Resources
• http://www.indeed.com
• http://money.usnews.com/careers/best-jobs/rankings/the-100-best-jobs
• http://www.workforce50.com
• https://collegegrad.com/
• http://www.moorestaffing.com