Professionals and college grads on the jobhunt
December 8, 2008
‘Almost Homeless’ reads the sign.
Former toy-industry executive Paul Nawrocki has been spotted in New York City wearing those words across his chest.
“Looking for employment. Very experienced operations and administration manager.”
The recession has taken its toll on even the most experienced in the job market.
CNN reported that the U.S. government estimated 533,000 jobs in the country were lost in November.
In total more than 1.9 million jobs have been lost in 2008.
Nawrocki worked at Sababa Group where he made a good salary “almost six figures,” he told the Canadian Press.
Now he has burned through his retirement savings since losing his job at the in February.
Qualified business men are not the only ones in trouble.
The problem is prominent at the entry level field for recent college graduates.
Over a 100 applications
The National Association of Colleges and Employers released a report that indicates new graduates will have a tough time finding work.
Employers have already begun to scale back on the number of fresh graduates they hire.
This is bad news for Katie Sears, who recently graduated from the University of Denver.
She has been looking for a job since the summer and has sent out almost a 100 resumes .
“One job that I really, really wanted had about 300 applicants.” she points out. Not even knowing people at the firm could help her land the position.
“I’ve have had some very cool jobs, did some volunteer work around the world even!” she says.
Her major was marketing with a minor in business ethics and legal studies. She also did volunteer work in India and Africa.
The market has become so competitive as more graduates compete for the same positions. A promising resume does not seem to be enough either.
The barren job market has more the idea of graduate school even more appealing. Sears plans to go back to school if she can not find employment
Entry level woes
Katie Hancock, who also graduated from the University of Denver has run into her own post graduation problems.
“Alot of entry jobs levels are scams.” she explains. Working as a waitress provided an income, but when an official sounding employer called back she left.
When Hancock arrived at her new marketing job, she quickly discovered it was nothing more than a glorified telemarketing position.
Unhappy with the company she quit.
“Applying for jobs is frustrating because I went to a good school but I don’t have enough real work experience. I want to go back to grad school but I want to make some money before I go back.”
Unable to return to waitressing she remains unemployed.
CLICK HERE FOR A BACKGROUND ON PROFESSIONALS AND COLLEGE GRADS ON THE JOBHUNT
