There are just too many applicants for fewer jobs and that is the reality that has not been dawned on many so called advisers on jobs. How much more can you compete when there are more than four applicants to a job? It is obvious with the relevant statistics that there will be always people who will lose out to the next best applicant and then they will be forced to take jobs which is below their qualifications and end up dissatisfied. Sometimes it happens that the employers just reject you before even calling you in since you are overqualified (It has happened to me recently). It is really sad that due to this economic recession, the U.S. is losing a lot of productivity due to the high unemployment rate among the college educated people.
One more thing I want to emphasize that due to the large pool of unemployed applicants, the employers are simply not interested in training people who are not qualified experience wise even if they have the theoretical knowledge. That is why you are seeing the entrepreneurial spirit developing among the unemployed to go it alone rather than hope for a corporate job which may not happen faster than the bills become due. Due to my experience, I have seen that even when I am hired to do a job which I am qualified to do, I had to learn the new employers systems and the style of doing business, so there is no such thing as experienced persons (although I admit that some jobs will have the relevant experience required) but even then if the employers are willing to invest in training people then the unemployment rate will go down.
Friday, October 1, 2010
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