Monthly Archives: July 2014

PRITCHETT: FIVE PROVEN JOB SEEKER TIPS

Jobhunter_teenBY: Philip Pritchett

With the current ‘State of the Union,’ the job search can be as demeaning as ever.  With the number of jobs available being minuscule in comparison to the number of unemployed Americans, only those who employ a strategic approach to landing a job will do so.  While many unemployed Americans find their selves relaxing their efforts due to summer time activities, this is the perfect opportunity to make the most out of your job search.  USNews offered some tips on how to have a successful job.  There was some excellent advice in their piece, but here’s a bit more on it…

  1. Get started.  Studies show that the longer you’re out of work the harder it is to find.  Your best chances to land a new job are within 6 months of becoming unemployed.  I know it’s summer and you deserve a vacation, but don’t put your search on hold – doing so will make finding success in the future harder.  I suggest starting with your resume, and professional preparation can ensure that you have a success-based resume that’s up to date with today’s standards.
  2. Prepare for a marathon, not a sprint. One of the most common mistakes people make is rushing to apply for ideal positions without properly preparing, and when they don’t get the feedback they’d hoped for losing momentum.  Some people will land those first jobs, but most will not.  Prepare for a multi-month process and don’t let yourself become easily discouraged.  Professional recruiters like Crossroads Consulting, LLC can help you reduce the length of your marathon by preparing you for all of the obstacles job seekers face in today’s market.
  3. Market yourself.  Social media plays a big role in today’s job search.  Sites like LinkedIn, Monster.com, and even Facebook can play a major role in developing a professional profile easily accessible to employers looking to recruit top talent.  A well-constructed branding statement and elevator pitch are also crucial – if you can’t sell yourself, no one else can either.
  4. An internship can be very valuable.  This is the perfect time to intern.  Although most internship positions are unpaid, they do provide valuable experience that will enhance your resume.  For those looking to break into a field in which they have no experience, an internship can provide them with the exposure needed to do so.  It’s also a way many people can allow themselves to stay sharp and utilize their skills while searching for a new career.
  5. Always look for opportunities to network with others.  Even if it’s at a summer party, get to know people you’ve never met.  You never know, your next door neighbor could be looking for someone with your background, right now.  In-person networking is a vital asset to utilize during your job search.  You must always be on the lookout for opportunities to build relationships.  All job seekers should invest time in sharpening their skills and message before, during, and after their job search.

Taking the right approach is vital to your success in your job search.  Having a well thought out course of action that’s based on maximizing access to your profile through multiple platforms is also crucial.  Fortunately, there are resources available to help guide you through these steps, and others during your search.  Sending your resume to info@crossroadsconsulting.com should be your first step down your path to the career you’ve always wanted.

PRITCHETT: WHAT’S UP IN CONNECTICUT?

ctBY: Philip Pritchett

According to the State of Connecticut’s Department of Labor, last year marked another positive one for Connecticut’s job market as the state gained 14,300 jobs in 2013.  This was the third straight year with an increase after having lost 119,100 jobs in the recession between 2008 and 2010.   The latest addition to Connecticut’s job market continues to inspire job seekers who have now seen over half of the jobs lost during the recession recovered.

Six of Connecticut’s nine major industry sectors experienced growth in 2013.  Private sector increases lead the way, having recovered over 62.3% job lost to the recession.  The CDOL stated that the construction industry recovered 32%, transportation and utilities – 44%, and professional and business services regained 73.2%.  While the hospitality industry has yet to fully recover, it continues to add jobs at rate higher than pre-recession levels.  Even education and health services (one of few industries to not experience loss due to the recession) continue to add jobs at high rates.

With an economy that continues to show positive growth, Connecticut’s unemployment rates are lower than most of its New England neighbors.  The state’s dedication to providing quality opportunities to its citizens has paid off as real total personal income of State residents has steadily risen in the past four years.

Based out of, “The Constitution State,” Crossroads Consulting has maintained long-term relationships with some of the best employers in the area.  They’ve been helping New Englanders find careers in their respective industries for 20 years.  With services that include resume’ preparation, interview coaching, and contract negotiation, their team of professional recruiters has what you need to successfully navigate today’s hiring processes.  For consideration on any of the opportunities Crossroads Consulting might be currently working at filling, send our resume to info@crossroadsconsulting.com, and let them help you achieve your career goals.

PRITCHETT: IMPROVING JOB MARKET MEANS IMPROVING COMPETITION FOR JOBS

Casey PritchettBY: Philip Pritchett

According to the Wall Street Journal, June saw an increase in U.S. jobs that reduced the unemployment rate to 6.1% – its lowest point since September 2008.  The 288,000 jobs created also helped to extend the best five-month period the U.S. has seen since 2006.  These results pleasantly surprised many economists who had anticipated a 215,000 job increase with no real impact on the unemployment rate.  “This is one welcome Fourth-of-July report for the outlook,” said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ.  The 288,000 new jobs “are just the fireworks the economy needs to brighten up.”

This Wall Street Journal report also included signs of positive growth in other areas of the economy.  U.S. stocks showed signs of life, as the Dow Jones Industrial Average surpassed 17000 in a single day for the first time ever.  The dollar even gained value due to the effect that the strengthening economy could have on Federal Reserve interest rate increases.  “Today’s report indicated that labor market slack is diminishing, albeit slowly,” said Bricklin Dwyer, economist at BNP Paribas.

The recent job creation is evidence that the economy is continuously gaining momentum.  The retail and hospitality industries produced almost 80,000 jobs, while manufacturing and construction added another 22,000.  “The latest five monthly jobs reports are consistent with the view that, in spite of a horrendous first-quarter GDP result that was the victim of a ‘perfect storm’ of negative circumstances, the economy is well underpinned,” said Joshua Shapiro, chief U.S. economist at MFR Inc.

As the economy continues to strengthen, so too will the competition for the best available jobs.  Job seekers owe it to their self to be as prepared as possible when pursuing their next career opportunity.  The process is changing, and those who are unaware of these changes will find themselves at a disadvantage.  Firms such as Crossroads Consulting help job seekers maximize their chances of landing their dream job by staying on top of current trends within the job market.  With services that range from interview preparation all the way down to contract negotiation, their guidance can be the difference between settling for that mediocre job that EVERYONE’S qualified for and the high-paying job that YOU’RE qualified for.  Contact them today at (203) 459-9969, or send a resume to info@crossroadsconsulting.com.

PRITCHETT: NY JOB MARKET – DRAWING THE BEST OF THE BEST

nyBY: Philip Pritchett

NY’s Economy Attracts ‘Best of the Best’

According to Bohdan M. Wynnyk, Deputy Director of the Division of Research and Statistics, and the New York State Department of Labor, New York continues to experience record-breaking job growth in the private sector.

New York State’s economy continued to grow in May as it added 21,300 private sector jobs, reaching a new all-time high and outpacing job growth nationwide. This marked the 18th consecutive month of private sector employment gains. Our state’s jobless rate remained at 6.7%, its lowest level since late 2008,” said Wynnyk.

Governor Andrew M. Cuomo is credited with helping rebuild New York’s employment industry, having overseen the record growth of the last few years.  Since his inauguration on January 1, 2011, the New York State economy has added 466,000 private sector jobs, and experienced job increases in 36 of the last 41 months – including 18 consecutive months of growth in the private sector.

Over the past year, private educational and health services sectors experienced the most growth, adding +36,300 jobs to New York’s economy.  Professional and business services had the second largest increase in jobs with +30,100.  New York’s trade, transportation and utilities sector added +23,300, third most in the state.

Numbers like these are inspiring New York’s job seekers to prepare themselves like never before for this ultra-competitive job market.  This business mecca attracts the world’s top talent, and requires that you are not only highly-qualified, but that your application and resume also pass rigorous screening processes done prior to selecting candidates for interviewing.  Without a first-class resume, many highly-capable job seekers fall by the wayside.  Job seekers owe it to themselves to take advantage of every asset available when pursuing their next career.

With connections to major employers throughout the “Empire State,” Crossroads Consulting has all of the resources available to help you pursue a top-tier career.  Let their 20 years of experience in the greater NYC area provide you with an inside track to the position you deserve.  They’ll help you prepare your resume and even teach you how to successfully conduct yourself during an interview.  The job industry has changed significantly over the past few years; let them help you maximize your chances in this highly-competitive market. Send your resume to info@crossroadsconsulting.com, or call them at 203-459-9969.

ST. LOUIS: MINIMUM WAGE ON THE RISE

6a00d83451b7a769e20134889fbdf3970cBY: Brian St. Louis 

It was recently announced that the US Government announced that the new minimum wage for federal employees would be increased to $10.10, up from $7.25. States like Connecticut, which are primarily under Democratic rule, have followed suit in raising their minimum wage as well. 

While on the surface, this would seem like a terrific help for those on the lower end of the wage earning scale, in the long run it may very well hurt those most who it is supposed to be, “helping” and could do further damage to an already fragile national economy. 

When smaller companies are forced to pay out more money to their employees – increase their expenses – without increasing their revenue, you put a severe burden on those companies to remain profitable – the engine that drives employment – and that has led researchers to anticipate that in an economy where small businesses are hanging on for dear life, that this extra burden will lead to a large amount of job loss be it in total employment or cut backs in hours available to workers to earn money. 

Follow this out to its logical conclusion and with workers either losing jobs or having their hours cut back, that means there’s more need for government assistance, less money in the economy, less disposable income to spend and as a result all sales will drop which leads to further economic hardship for the engine that drives the economy, small business. The drop in sales will lead to higher prices as increased costs almost always get passed onto the consumer. Those higher costs lead to inflation and that in turn starts a spiral that will just continue to drag the economy down which will directly hurt the very workers this, “plan” was supposed to help.   

The CEO of McDonald’s, Don Thompson, recently said in an interview that he supported the minimum wage hike stating that McDonald’s has always been in support of paying its employees above the minimum wage, which he feels is too low already. 

At one point, Thompson was asked how McDonald’s would fare financially with the upcoming wage hike, McDonald’s will be fine,” he said. “We’ll manage through whatever the additional cost implications are.” 

The truth is that McDonald’s will be fine. They will raise their costs for a burger and fries and people will continue to buy them. The other reason McDonald’s will be fine is they have the financial resources to withstand the added costs. In fact, if as Thompson indicates, they’re already paying that, then they just won’t increase their employee’s wages and will just keep on going. 

But for smaller companies, they are often not equipped to handle such a sudden increase in expenses. It’s speculated that because of the minimum wage increase, hundreds of small businesses will be forced out of business altogether or at the very least, suffer very severely financially.  

As executive recruiters, Crossroad Consulting is following this situation closely. Crossroads Consulting’s owner, Mitch Beck said, “We support our candidates getting the best possible positions at the best possible wages. We also monitor these kinds of things closely as the vast majority of our client companies are small and mid-sized companies and this kind of thing will hurt them and that concerns us as well. Our clients have told us that while this will hurt them, they are not anticipating any great losses to any of the kinds of positions they would be going out to us for. So that’s at least good news in that regard.”

If you are looking for new employment, Crossroads Consulting has over 50 job opportunities available on their website which you can find by clicking HERE. Be sure to also take a look at their resume evaluation service as well.