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Dealing With a Shrinking Job Market

When the economy tightens, eventually the job market shrinks. When jobs shrink, bosses are more likely to keep "utility players" who can handle a variety of roles.

Don't:

  • Advertise your fear about losing your job.
  • Come across as an "old fogie" who resists all change.
Do:
  • Evaluate your skills and see what new ones you can add to be more valuable to your company.
  • Talk positively about solutions you can bring to company problems.
  • Be active in networking with others about potential opportunities.

Guardians are the most likely of all types to be tied to the past and resist changes. Their best tactic to stay relevant is to regularly observe skills needed by the company and make an effort to learn at least one new skill every year to stay employable. They'll also do well if they are knowledgeable about what is going on in their field so that changes do not take them unaware.

Artisans are often the most adaptable, but like to be in control of their own destiny so may have trouble accepting helpful advice. They'll do best if they do not move into anger or emotionalism and maintain their sense of humor. Bosses are usually turned off by anger and high emotionalism and appreciate the employee who can stay positive when times are tough. Like Guardians, they need to keep adding to their skill set.

Idealists often absorb not only their own pain, but that of their fellow co-workers who are facing a shrinking job market. They might try to help others and neglect helping themselves. They need to take time to write down how they have positively contributed to the company's bottom line. Most bosses want specific facts, not global descriptions which are the Idealist's normal way of communicating.

Rationals, who comprise a small percentage of the population, can come across as arrogant or too intellectual. Like Idealists, they need to translate their visions into concrete facts that are understandable to the more numerous Guardians and Artisans. Since Rationals seek expert status, they can sometimes have trouble moving into a new area where they are a novice. Sticking with a no-longer-needed skill set will ensure that they are on the lay-off list. They can profit by doing a risk analysis of different options and actions.

All employees need to learn how to talk positively about their past efforts and current plans to keep a company functioning. They need to be seen as a part of the solution. For new employees, it is necessary to show their dedication to the company by working hard, turning out quality work and staying away from gossip and complaints. Getting a reputation as a hard worker goes a long way in contributing to job security.

Experienced employees also need be seen as hard working plus they should take advantage of the network of contacts they have within the organization. Having a positive attitude, coupled with their deep knowledge of the organization and understanding of the current situation will give them the edge in keeping their job.

 

Temperament and Careers

Planning Process
Finding Your Passion
Your Current Situation
Who Am I?
What Are My Options?
Evaluating Options
Creating an Action Plan

Selection Process
Informational Interviewing
The Toughest Question
Evaluating an Offer
Salary Negotiations

Succeeding On The Job
Your Boss
Dress For Success
Successful Presentations
Working From Home
Dealing With Stress
In a Shrinking Job Market

Making Changes
When to Take Risks?
Taking a Job in a New City
Who Will Get Laid Off?
Is Your Job a Poor Fit?
Networking is Key

Where the Jobs Are
Healthcare: Many Opportunities








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