Candyce Maglio's blog ::free email address searches
Introduction I completed my MBA degree last week after 12 years of part time and full time study. Having started out on an assembly line, working full- time and using the tuition reimbursement to pay for my school, my path took a lot longer than the traditional student. After 6 years I completed my engineering degree, worked some part time jobs as an engineer, or technician where I could find work, finally I was laid off as our company sold the entire division that I work for to a Chinese firm. During this time I began to realize that putting one's eggs all in the same basket was as risky as purchasing all of one's stock in a single company. This led me to pursue my MBA degree, to help increase my understanding of how the business views engineers and the work that they do. With all of this said, I am entering into a workforce that is competitive, and not necessarily ready for graduates. Geographic Location Right now, geography has everything to do with the job outlook to the graduating student. I currently reside in Ohio, where unemployment is very high. If a person resides in Cleveland, for example, then the graduating student can expect to move into a region that is ranked number 100 of 100 top cities for job loss, losing 7,900 jobs last year alone. Cities like Dayton and Cincinnati are working on improving, with Cincinnati adding 17,100 jobs, and being ranked 17th nationally, and Dayton adding 4,800 jobs, ranking 36 in the nation for job creation/loss. Let's step outside of Ohio for a moment and see where the best locations for non-farm job growth are located. Not surprisingly, according to the U.S. Bureau of Labor and Statistics, New York City and Stockholm California led the nation as far as job growth. New York posted 85,000 non-farm jobs, and Stockton increased jobs by 4.38, which by percentage is right behind NYC. The growth in Stockton is driven by construction growth, and is great for civil engineers, architects, or civil engineers. Attrition On the bright side, it has been predicted that a large number of leadership jobs are going to be coming open in the next 10-20 years, which provides an excellent opportunity for college educated employees. 40% of America's workforce is positioned to retire over the next 20 years and many of these workers are executives, managers, or in another form of leadership. Of the 78 million baby boomers in America, 66% of them are currently employed, holding full time executive and leadership positions (Chavez, 2011). This is a lot of dollars and a lot of experience that will be exiting companies all over America. It is predicted that with this exodus of experience workers that there companies will be scurrying to backfill these positions, which makes getting the best leaders all that much more difficult. When these leaders came into these roles, it was during a different era, when people were using the force method, labor unions were the norm, and reward and recognition programs were not yet invented. As generation X and Y move into general labor positions, succeeding the baby boomers before them, they will need to be managed and led by leaders that understand their needs and the way that they think. This creates a broad horizon of opportunity for emerging leaders and new college graduates. Diversity With new college graduates entering the workforce this year, finding overall unemployment at 9.1 percent it is important to understand what the outlooks are for the degree that one has chosen. Search the Internet for openings, and don't be afraid to relocate, as it will likely be necessary in many instances. In addition to this, consider getting a Master's degree to diversify yourself. One of the reasons that I chose to get my MBA is because if the outlook in engineering is 5 percent growth, or loss, and I have another specialized degree to fall back on with a 10 percent growth rate, then statistically speaking, I have a better opportunity to remain employed during business cycles. If nothing else, I can manage a grocery store if needed, because of my understanding of finance and business principles. Language This one goes along with diversifying one's self. As the world becomes smaller, and we are importing more goods, as well as exporting more jobs, the likelihood of encountering another language is very high for emerging graduates. Having an understanding of at least one language sets the new graduate above every other candidate that does not, when competing for jobs that require it. For companies, hiring a worker is an investment, just as one could make an investment in the stock market. Companies want to invest their money where the highest rate of return is anticipated. When thinking of the job search, keep this in mind, and ask, "What do I have that increases my worth to the business", and do not be afraid to voice this to the company, tactfully of course. Conclusion We are the 2012 graduates, and we are the future of tomorrow. We will direct America and much of the world as we advance globally. The jobs will come if we are willing to be versatile. Change will be a part of our future more than any other generation before us and we must be willing to embrace it. |
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