The Long Slog: Out of Work, Out of Hope, from today’s Wall Street Journal, discusses the growing percentage of the unemployed who have been out of work for more than 26 weeks. Obviously it is stressful to be out of work for 6 months, but as the article points out, it can make it even more difficult to find employment: employers comparing candidates with similar qualifications will most likely prefer the candidate who has been out of work the shortest time.
I suppose that makes sense: if you see a house that has been on a market a long time, you assume it is either overpriced, or there is something wrong with it.
The article focuses primarily on blue collar workers: a cable-maker, an electrician, a boatyard worker. Manufacturing jobs have moved or been eliminated completely, leaving unemployment in the vacuum. Presumably, white collar workers are feeling the same strain, although many of their skills may be more easily applied across white collar jobs. Many manufacturing sector jobs are not coming back, leaving a growing number of workers to vie for a smaller pool of jobs.
Macroeconomics defines 3 types of unemployment: cyclical, frictional, and structural. Cyclical unemployment is attributed to the ups-and-downs of the business cycle, and we’re obviously experiencing a lot of that right now. Frictional unemployment is attributed to mismatches between what job hunters want and what employers want. This may have to do with skills, wages/salaries, or even location. (Structural unemployment is similar to frictional unemployment, but is more endemic.)
As one person in the article, the boatyard worker, said, “You look for work and it all has to do with medical.” Although his initial unemployment was cyclical, his continued unemployment is frictional: he is not qualified for the jobs available in his region, and he has not broadened his job hunt beyond his region. He says he can’t see himself going back to school for 4 years at 59 [although I am taking a class on statistical analysis right now, and one of my classmates has him beat by 3 years]. He may not realize that there are, depending on his qualifications, accelerated nursing programs that can be completed in a single year.
Relocation can be hard, particularly if you own a home or want to stay close to your family and friends (and who wouldn’t?). Training and education, on the other hand, is far easier by comparison. Sure, it may not be easy to step into a classroom after a 40 year hiatus, but spending some time to get a certification or degree is a better way to explain a gap in your resume than, “I was waiting for my old job to come back.”
Other ideas to fill the employment gap in a resume:
- Volunteer (preferably in a position that uses your job skills)
- Take consulting/freelance jobs
If nothing else, it will show potential employers that you are keeping your skills honed and that you have no lack of work ethic.
Tags: education, long-term unemployment, nursing, training, unemployment