Thursday, October 14, 2010

Long-Term Unemployment and Your Job Search: 10 Ways to Compete

While job seekers face increasing challenges as the length of their unemployment grows, landing a new job is not impossible. An executive coach and a staffing expert offer 10 tips for staying competitive in a long-term job search.


CIO — Nearly 42 percent of the 14.8 million Americans who are out of work fall into the category of "long-term unemployed," according to the Bureau of Labor Statistics, meaning they have been jobless for 27 weeks or more.

The longer you've been unemployed and engaged in a job search, the harder it gets to land a new job, according to career and staffing experts. Job seekers who've been out of work for, say, a year or more, face multiple challenges. Not only are they competing with employed professionals, they're also battling with job seekers who've been out of work for less time.

For example, when two candidates have the same skills and experience, the candidate who's been out of work for three months is more appealing to an employer than the candidate who's been out of work for a year, says Stu Coleman, a general manager with staffing firm Winter, Wyman & Co. That's because employers, many of which have had to run lean over the past two years, lack the training resources to bring new employees up to speed. They want "plug and play" candidates whose skills aren't rusty and who can quickly acclimate to a new environment, he adds.

For executives, a year is not an usually long time to be out of work. In fact, the average length of unemployment for executives is nine months to a year, even in a good economy, according to Howard Seidel, a partner with Essex Partners, which provides career coaching services to executives.

Finding a new job can easily take an executive 12 months for a variety of reasons. For one, executives often have non-compete clauses in their severance agreements that prevent them from going to work for a competitor for a year, says Seidel. As well, there are fewer executive jobs than line jobs, and employers take their time vetting candidates for executive positions because they are so costly to fill (there are often legal fees and recruiting fees associated with hiring an exec).

Despite the mounting pressures job seekers at all career levels face as their unemployment wears on, hope for finding a new job is not lost. "A year itself is not a mark that should designate panic," says Seidel. "Being out [of work] for a year in this economy doesn't mean you're never going to get a job again."

Indeed, CIO.com's job search blogger Mark Cummuta landed his dream job after nearly three years of unemployment. Arun Manasingh found a new CIO job after a 17-month job search, and Henry Hirschel's unemployment ended at 11 months when he started a new IT management job.
The trick to overcoming the challenges associated with finding a job when you've been out of work for a long time is to stay focused, upbeat and engaged. Seidel and Coleman offer 10 specific ways unemployed job seekers can stay competitive in a long-term job search.

1. Benchmark Yourself

Seidel advises unemployed professionals to evaluate their job searches at regular intervals, such as the six-month, nine-month and 12-month marks. He suggests they ask themselves the following questions, intended to help them diagnose specific problems with their job search (if they exist) or specific barriers that are preventing them from getting interviews or job offers:
1. What's going well in my job search?
2. What needs changing?
3. Am I getting responses to my résumé?
4. Am I getting first interviews but not second interviews?
5. Am I making it to the final rounds of interviews but not getting job offers?

Tips 2 - 10

2 comments:

  1. Thanks, Tim, for passing these great tips onto your readers, as well!

    As Meridith noted in this article, I can personally attest to the benefits - and the hard work necessary - to follow the advice given in this article!

    Mark Cummuta

    twitter.com/TriumphCIO

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