6 secrets to getting hired during an economic downturn

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Challenging economic circumstances should not dash your hopes to landing a job. Stick to these tips to catch a hirer’s eye during widespread uncertainty.

Unemployment is at an all-time high and right now, it’s harder to get hired than years and decades past. But all hope is not lost. There are ways to get noticed and separate yourself, and to get the job, even when job openings are scarce.

First, consider these encouraging statistics: According to a recent study by SHRM (the Society for Human resource Management), among 2,278 members, 17% of employers were expanding their businesses and 13% were hiring. In addition, according to its annual global CEO survey, PwC found 74% of CEOs are concerned about the availability of skills in their respective workforces.

The bottom line: Companies need great employees with strong skills to grow their businesses. Particularly those who are unafraid to take an unconventional and bold approach.

So how can you get hired when it seems no one is hiring? Establishing a strong start to your process is key, along with finding the best ways to leverage your network, your creativity, and your distinctive skill sets.

Here are six ways to get hired during an economic downturn.

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The workforce is about to change dramatically

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Three predictions for what the future might look like

In march, tens of millions of American workers—mostly in white-collar industries such as tech, finance, and media—were thrust into a sudden, chaotic experiment in working from home. Four months later, the experiment isn’t close to ending. For many, the test run is looking more like the long run.

Google announced in July that its roughly 200,000 employees will continue to work from home until at least next summer. Mark Zuckerberg has said he expects half of Facebook’s workforce to be remote within the decade. Twitter has told staff they can stay home permanently.

With corporate giants welcoming far-flung workforces, real-estate markets in the superstar cities that combine high-paid work and high-cost housing are in turmoil. In the San Francisco Bay Area, rents are tumbling. In New York City, offices are still empty; so many well-heeled families with second homes have abandoned Manhattan that it’s causing headaches for the census.

You live where you work is a truism as ancient as grain farming; which means it’s as ancient as the city itself. But the internet specializes in disentangling the bundles of previous centuries, whether it’s cable TV, the local newspaper, or the department store. Now, with the pandemic shuttering the face-to-face economy, it seems poised to weaken the spatial relationship between work and home.

When the pandemic is over, one in six workers is projected to continue working from home or co-working at least two days a week, according to a recent survey by economists at Harvard Business School. Another survey of hiring managers by the global freelancing platform Upwork found that one-fifth of the workforce could be entirely remote after the pandemic.

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18 companies now hiring remote workers

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Big brands from a wide swath of industries are looking to fill long-term posts, according to Flexjobs.com.

Unemployment remains high as Americans emerge from the pandemic-driven lockdown, but 18 well-known companies that made the switch to telecommuting are currently hiring for long-term remote work, according to Flexjobs.com.

This is welcome news: Working remotely is not only safer from COVID-19, it’s very popular, especially among those who had the opportunity to work from home (WFH), after fears of the spread of COVID-19 shifted the way many Americans work.

Some companies that have made the complete shift to remote work are hiring now, and it means a job with a recognizable company name. And there’s a wide swath of industries, too, including big tech, credit card or affiliated companies, real estate, social media, sales, higher education, research and advisory, social and viewing management, software, family history research, and an online retailer, Flexjobs.com said.

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LinkedIn says these are the world’s 10 most in-demand jobs that don’t need a degree

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The coronavirus pandemic has had a profound impact on the global jobs market, according to data compiled by LinkedIn, with the economic crisis forcing businesses to cut jobs and slow hiring in most areas.

A report from the United Nations’ International Labour Organization has estimated that the number of working hours lost in the second quarter of 2020 is expected to be the equivalent of 400 million full-time jobs.

It means seeking out positions that are in-demand from employers and re-training accordingly are among some of the potential solutions to gaining an edge in this competitive jobs climate.

In the U.K., for example, LinkedIn said that the jobs market is currently three times more competitive when compared to the same period last year.

Josh Graff, U.K. country manager at LinkedIn, told CNBC’s “Squawk Box Europe” that Britain is facing the “toughest labor market in a generation” as a result of the economic fallout from Covid-19.

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57% of employees second-guessing careers during COVID-19 pandemic

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Many workers said they are more motivated to be employed at a company that values its staff during unpredictable times, Robert Half found.

More than half (57%) of workers said they have experienced a change in their sentiments toward work during the coronavirus pandemic, data from Robert Half found. During such unpredictable times, some 60% of that number said they want to be employed at an organization that values its staff.

COVID-19 has thrown a major wrench in both the enterprise and economy, resulting in millions of furloughs and layoffs. More than 44.2 million US employees have filed for unemployment claims since the start of coronavirus shutdowns, according to Fortune. Those lucky enough to still have jobs have still been impacted, reevaluating their current employment during such trying times.

“This has been a time of reflection and reprioritization for businesses and people,” said Paul McDonald, senior executive director of Robert Half, in a press release.
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Trump executive order directs feds to prioritize skills over college degrees in hiring

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President Trump is reportedly preparing to redirect employers on how they should hire, prioritizing an applicant’s skills over a university degree.

Fox News has learned that the president will likely sign an executive order Friday, instructing the nation’s largest employer, the federal government, to take a new direction in its hiring tactics.

The order is expected to occur during a board meeting that advises the administration on worker policies.

Ivanka Trump, the president’s daughter, adviser and co-chair of the American Workforce Policy Advisory Board, has recommended the federal government — which employs more than 2 million civilian workers — re-strategize who they hire.

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The robots continue to invade the fast food sphere

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A KFC in Moscow sends chicken along a conveyor belt to be delivered by a robotic arm.

The last dispatch from The Takeout’s robot beat was May 5. That’s six whole weeks during which the robots, unbothered by our human troubles, continued making advancements in their quest to replace the human race. As is so often the case, they have set their sights on a new way to optimize fast food, perhaps understanding that this is where they can exert the most influence over us.

Humans have generally understood for decades that the robots have been coming for our jobs, with a capacity for automation that renders many human workers obsolete—in theory, anyway. Recent estimates show that by 2030, a whopping 38% of American jobs will be eliminated in favor of automation. Now, with the entire world in the clutches of a pandemic, it’s possible that humans have begun to warm to the robots, which are not perceived to be as germ-covered as humans and can better facilitate social distancing measures (plus, you know, companies don’t have to pay them a living wage). With that in mind, KFC is currently testing “fast food of the future” in Moscow. Take a look:

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Robots will take 50 million jobs in the next decade. These are the skills you’ll need to stay employed

A new report finds that automation will take over a significant part of work activities in Europe by 2030.

 In the next 10 years, robots will take over 50 million jobs.

More than 90 million workers across Europe (about 40% of the total workforce) will have to develop significant new skills within their current roles in the next ten years, as automation puts 51 million jobs at risk, warns a new report from analyst firm McKinsey.

And almost all of today’s European workers will face some degree of change as their jobs evolve because of technology. But although the statistics seemingly feed into a common fear of robots taking over our jobs, quick conclusions needn’t be drawn: the research also shows that employment growth in other sectors will largely compensate for overall job loss.

So much, in fact, that Europe might find itself short of up to six million workers by 2030. As new opportunities emerge in fields like technology, for example, McKinsey anticipates that finding sufficient workers with the required skills to fill the jobs that are being created on the continent will be challenging.

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The work-from-anywhere era changes everything about compensation

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The work-from-anywhere era changes everything about compensation

Companies that say they’ll let people work where they want have yet to figure out what that means for pay. Here are the questions that need answering.

Some of the tech industry’s giants have been dealt a giant blow by the COVID-19 crisis, laying off thousands of employees in San Francisco in recent weeks. These companies—and many others—are now looking at a future that includes moving entirely remote, or shifting to a hybrid policy in which employees are in the office only on certain days.

Employee compensation is a company’s largest operational expense. Yet those announcing new remote work policies have yet to reconcile how the new rules impact compensation in the long term. Though some companies, such as Facebook, have already announced their intention to pay different rates for employees working outside an office, most have been holding back on making that decision. But once the dust settles and many or most employees have moved off-site, employers will be looking at shifting pay policies while employees reconcile how this affects their paychecks and plans.

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18 freelance sites to find your next gig

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Not all job boards are created equal, but some are capable of getting you where you want to go.

Consider this: Freelancers are expected to become the U.S. workforce majority in the near future. That means we can expect to see more and more freelancing job boards appear. That’s not to say we need them. Take a look at the Google search results for “freelance jobs.” You’ll find hundreds of websites that can connect you with prospective clients.

The problem, however, is that not all job boards are created equal. Some are a bit suspicious, causing both freelancers and businesses to question their legitimacy. Others are meant only for seasoned veterans. There are also boards capable of finding work quickly for freelancers, but they won’t get paid very much. Consider it the “price of entry” to the freelance realm.

These obstacles make finding freelance work more complicated than it has to be. That’s why I’ve put together a list of 18 freelance sites to help entrepreneurs find their next gig. Each of these sites is reputable and can be used by freelancers of all experience levels, empowering people to make the most of their skills in a shaky economy.

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Survey: 49% of remote workers report a drop in productivity

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Distractions at home and difficulty communicating with colleagues during the pandemic contribute to output declines, according to Globant.

During the first wave of the COVID-19 pandemic, which caused companies to make the sudden and drastic shift to remote work, something had to give, and for US employees surveyed by Globant, that something was productivity.

Globant, a digital transformation company, surveyed 900 US senior-manager level and below employees in April and found that nearly half (49%) said they had decreased output, according to its report released this week.

Distractions from the home environment and difficulty communicating with colleagues were the top two contributors to decreased productivity, Globant found.

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How working from home is changing the way we think about where we live

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Remote workers have a new found flexibility

Can you remember three months ago? In just 90 days, things have changed dramatically. Just 90 days. Yet, in that short amount of time, the way we think about where we live and how we live has completely changed.

In the latter part of those 90 days, I have heard from many people that the pandemic has forced their hand and has actually inspired investment in new technology or motivated a change in operations. These changes are adding up to huge impacts.

One of the big changes is the work-from-home policy. What started as a way to keep employees safe at home is now turning into the most popular work trend across the country, inspiring companies everywhere to step away from very large real estate construction projects and lease deals.

When office real estate is expensive and the country is facing an economic meltdown, and a work-from-home trend falls from the sky, it would be silly not to take it, right?

This Margins article reports that 40% of all venture capital funding in Silicon Valley actually goes to landlords instead of product development, and admits that even though it’s a big number, it is probably very conservative.

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