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June 30, 2009

This Year, Is Higher Education Worth the Cost?

Summer may be at its peak, but just around the corner, another school year waits. Not just for children to return to class from summer vacation, but for a growing number of people in America, from the unemployed to those with newly minted degrees. 

This year, a rising number of unemployed Americans are returning to school to improve their knowledge and skills in an increasingly tough job market. In fact, many community colleges reporting their largest enrollment spikes ever attribute the increase to the need to meet the demands of a highly competitive job market.

To cope with the monetary strain of higher education, many high school graduates are simply opting for a low tuition option such as in-state or community colleges, rather than ivy league, gold sticker institutions.

Many new college grads, who faced a dreary job outlook upon their recent graduation, are opting to go straight into grad school, fearing uncertain immediate employment future. In fact, the National Association of Colleges and Employers reported that 26% of new grads planned to go on to graduate school, up from 24% in 2008 and 20% in 2007.

So, with all this emphasis on going back to school, we want to know what you think. Is it worth it to get a college or graduate degree in this recession? Let us know by voting in our poll below.

 
Are you struggling with the decision of whether or not to enroll in higher education? Looking to increase your skills, or hoping a degree will help you earn a higher paycheck? Share your thoughts on higher education in our comments section.

June 29, 2009

Second Jobs are Still Hot this Summer, New Poll Shows

At the beginning of this month, we asked workers if they were looking for a second job as the summer’s seasonal employment opportunities started to open up.

Of almost 1,600 respondents, 56% reported that they are indeed looking for a second job this summer – because they need the extra cash – up from 41% who reported looking for a second job to generate more income when we asked the question last November.

As economists continue to predict that the recession is nearing its end, these results reflect that financially, workers are still feeling the financial strain of the economy.

This poll also offers an interesting insight on the current unemployment situation. In this month’s poll, 24% of respondents said they are unemployed and looking for a position, down from 27% in the November poll.

When asked, “Are you looking for a second job?” 1,595 readers responded, and 56.7% said they were looking for a second job to generate more income, 9.1% said they wanted a second job to get their foot in the door at a new company, 6% said they don’t have time to work a second job, 3.5% said they didn’t need a second job because their finances were okay, and 24% said they are unemployed and currently looking for a position.

Have you found a second job this summer? Is it worth the stress of managing a hectic schedule? Share your thoughts and comments on working a second job in the comments section.

June 01, 2009

This Summer, Are You Looking for a Second Job?

Summer job season is upon us, which means opportunities for seasonal employment are beginning to open up. Six months ago, we asked if readers were looking for a second job to make it through the holiday season.

Today, with a reported economic upswing on the horizon, we want to know if you’re looking for a second job this summer season.

Let us know by voting in our poll, and feel free to share your summer job search stories in our comments section!

May 29, 2009

It’s Time for Time Off, Workers Say

Despite economic conditions and expert predictions that people may be wary of taking time off work this summer, our latest poll found that this year, workers are indeed planning time away from the job.

In fact, 77% of over 1,100 respondents said that they planned to take some time off from work this year.

When asked “What are your thoughts on taking a vacation this year?” 42% of respondents said they plan to take time off work to travel, 35% said they plan to take time off work because they need time away from the office, 18% said they are not planning to take time off work because they can’t afford it, and only 5% said they are not planning to take time off work because of concerns over job security.

Are you planning time off work this year? If so, what are your plans? Share your fun vacation and relaxation tips in the comments section.

And, if you know you need a break but are looking for some inspiration, check out our post on inexpensive vacation ideas.

May 04, 2009

In this Recession, Are You Planning a Vacation from Work?

It’s that time of year when people traditionally start making summer vacation plans. But the annual summer vacation has taken a hit as the recession has worn on. Last year, reports showed that consumers were already buckling down by planning to save money in lieu of taking a vacation.

But, experts say that as economic woes have continued to increase stress levels over the past year, this year, more people may feel the need to take a break from work and spend time with family or friends.

 
Want to share your specific thoughts on taking a vacation in this recession? Feel free to share your thoughts in the comments section of this post!

April 29, 2009

Mature Workers Face Toughest Job Market, Readers Say

The debate over age and the job search may still be raging, but our results are in, and according to our readers, mature workers are having the hardest time in this job market.

In fact, of the 950 votes cast in our poll, 70% of readers selected mature workers as those having a harder time getting work, while 30% selected new grads.

That doesn’t necessarily mean great news for college students who are already hot on the job hunt ahead of May graduation. The National Association of Colleges and Employers have projected employers will hire 22% fewer graduates than in 2008, and many job searchers are finding that it’s tough to land a full-time gig without on-the-job experience.

However, help and support for college students entering this rough market is available. For example, social networking career site LinkedIn recently announced a company wide initiative devoted entirely to equipping May 2009 graduates to enter the workforce. You can also read how college students can start preparing for the job search now.

There’s also help for mature workers. One great resource is the AARP’s support and guidelines for mature workers who are looking for work. Also, check out our blog post on combating age discrimination in the job search.

The age versus experience debate may never fully go away. But reality is, no matter what your age or experience level, it’s important to be dedicated to a cohesive, professional job search process if you’re looking for work. So, polish your approach today, and focus your time, attention, and efforts on landing those interviews!

Want to know what others are saying about age and the employment process? Check out the comments thread our poll generated. Have a question you’d like to share? Leave it on our Q&A page.

Related Tips & Advice

April 21, 2009

Mandatory Days Off Without Pay – Vacation or Layoff?

Current economic conditions are affecting everyone and forcing some companies to make tough decisions regarding their employees. While a number of companies have had no choice but to lay off their staff or make drastic budget cuts in recent months, other companies have explored unique options to retain their employees while still trying to keep their businesses alive.

Some companies have begun instituting furloughs. According to Wikipedia, a furlough is a temporary leave of absence from employment, whether voluntary or involuntary. Other businesses have resorted to mandatory furloughs, requiring employees to take off a certain number of days per month or year – without pay – to avoid laying off their employees.

If your company chose to institute mandatory unpaid furlough days, would you be grateful that you still had a job and take the opportunity to do something for yourself during your time off? Or would you be frustrated that you were forced to take unpaid vacation days? Let us know by voting in our poll below.

April 01, 2009

Generations and the Job Search: Who’s Having a Harder Time?

When it comes to the job market, there’s been a lot of talk about how grim things are for two different spectrums of the labor pool. Recent reports show that both new grads and mature workers are likely to have a hard time finding work right now.

The U.S. Bureau of Labor Statistics says that over 1 million people 55 and older are unemployed and looking for work. Many mature workers are delaying retirement due to the recession. The AARP Public Policy Institute reports that the ones who are looking for jobs will typically search about a third longer than those younger than 55.

But this year, things also look tough for the college crowd. In fact, the National Association of Colleges and Employers’ reported that employers expect to hire 22% fewer new graduates than in 2008, and internship hiring is also down by about 21%. Experts say that in an expanding labor pool, new graduates typically have less experience than others in their industry who are now also looking for work, lengthening the job search process.

When it comes to generations in the workplace, the Baby Boomer generation and the Millennial generation have different values and views, but in the job search, experts say both generations must adapt to a quick learning curve and apply every job search tactic available to bolster their chances of landing a gig. So, we want to know what you think.

Have more thoughts or insights into these two generations on the job hunt? Do you fall into one of these two groups and have a story to share with us or a question to ask? Share your feedback in the comments section.

March 02, 2009

Are More Jobs Coming?

The economic stimulus package that is expected to create nearly 4 million jobs has been approved by President Obama. Although many Americans are optimistic about the next four years, we want to know how you feel about the immediate future of the job market.



What are your thoughts about the millions of jobs the stimulus package is expected to create? Leave your comments in the section below.

February 03, 2009

Are You Taking Risks or Playing it Safe?

In today’s economy, it’s hard to predict what will come next. With the job market struggling and businesses slashing budgets, making decisions about your career – or your business – may seem nearly impossible.

Have more to say about the economy, job market, or business world? Share your thoughts in the comments section.