Finding Employment During The Credit Crunch Article

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Finding employment during the credit crunch

Times are hard at the moment for everybody, but so much harder if you are in a position where you are looking to find a job. Whether it is because you are one of the unfortunate thousands who have been made redundant as a result of the recent economic downturn.

Author: Johnson Author

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Which has forced well-known household names such as Woolworths and the Pier in to administration, or you have been looking for a job for a longer period of time, you need to be putting every advantage that you have to good use when applying for that job.

There are two main reasons behind why it is harder to find a job in times like these, and they are essentially supply and demand.

Supply of new jobs is becoming ever smaller, with firms downsizing rather than creating new vacancies, and this reduces the number of positions that are out there for you to apply for. There are also fewer new companies starting up, and the net result is a massive decrease in the number of vacancies advertised.

At the same time, demand for these jobs is increasing, with more eager job-hunters waiting to apply for each position that comes up. Every time the latest company job cuts are announced, this pool of people searching for the vacancy you have your eye on increases making your chances that little bit slimmer.

Basic economic theory tells us that the result of lower supply or higher demand is a higher 'price', and that is doubly true when both factors are combined. In the case of the jobs market, the higher 'price' that needs to be paid is your investment in applying for the job - getting yourself noticed in the first instance, and making sure that the impact that you make on your potential employer is as positive and long-lasting as possible.

Luckily, the Internet has brought a new tool to your job hunting arsenal, and that is that of a video profile. You can now show your prospective employer what an asset you will be to their business by selling yourself through a short 'video CV' before the company have even gotten to the interview selection stage. When you have a lot to offer, then this method of job application is a sure fire way of getting yourself the notice that you deserve!

About Author

Whether looking for retail jobs in London, evening jobs in Birmingham or any other type of career path in the UK, jobplant.co.uk can help you by giving you the opportunity to post your video profile online for potential employers to peruse. http://www.jobplant.co.uk

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Finding employment during the credit crunch