4 Myths About Finding A Job During A Recession

The COVID-19 crisis sent the economy into recession and affected many careers. While people are naturally on edge right now, it’s important to know that looking for a job during a recession isn’t easy, it’s not impossible.

As a result of the COVID-19 crisis, millions of people have left or are out of their jobs as removed by their employers, and many are still struggling to find a job. There is a record level of competition for open positions. If you want to stand out to employers, you need to be prepared for the job search process.

Four common misconceptions about the job search process during a recession and what you need to do to get a job in tough times.

Myth #1: No one hires during a recession

Businesses are always hiring!

Some businesses hit hard by recessions cut staff and implement hiring freezes, while others slow their hiring, but vacancies and retirements usually result in the need to hire people. In addition, there are Some industries It holds up well even in a recession.

However, when businesses are still hiring during a recession, job competition is high and you have to work harder to market yourself as an employee worth hiring. There are many ways to make yourself a good candidate. This includes upskilling, networking, improving your resume and finding ways to improve Writing a disruptive cover letterR.

Myth #2: No one will hire you after being fired


Layoffs are a fact of life and businesses realize it.

But being eliminated puts you at an early disadvantage from a competitive standpoint. Layoffs are common during recessions. This increases competition in the job market due to the number of people in need of work.

If you’re fired, you’ll have to work harder to market yourself to potential employees. But at the same time, you don’t want to look too desperate. As with any job search, do your research and influence yourself Professional network Whenever you can.

You may also want to consider which industries are still hiring during a recession and consider taking a job in one of those industries. There’s no shame in working outside of your desired industry. May also be Its advantages.

Given the Covid-19 situation and the recession, prospective employers understand the derailment of careers.

Myth #3: If you’re over 50, you can’t get a job

Woman on laptop looking for job during recessionBigstock

Age discrimination is a term that comes up over time but actually it is called experience discrimination.

the people Above 50 years Staying in the workforce longer but must compete with millennials and Gen Z, who make up more than half of the workforce. These younger generations are highly skilled, technologically savvy and very cheap to employ.

This means that anyone over 50 looking to hire will have to work harder to get noticed. You must clearly understand and sell what you do well (your specialty). You should also invest in yourself and Be prepared to develop skills Whenever you can.

Myth #4: You have to borrow less money

A man writes something while working


Finding a job during a recession doesn’t mean an automatic pay cut!

Recession or not, you should prepare for a normal one Salary negotiations process Do your research and have an idea of ​​the competitive rate for the position you’re after.

If you’ve settled on a salary range, be prepared to prove to the company why you’re worth the investment. You can do this by demonstrating why you would be a valuable asset to the company and how your unique skills/experiences make you the best fit for the role.

It always comes back to marketing yourself.

Recessions come and go and we will get through this! Recession or not, one thing is true in the job search process – you have to work hard and be your own best advocate.

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This article was originally published on an earlier date.

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