IF THERE WERE A TOWN that had only five jobs available in the entire town, and each job was filled and each person employed in those five was very happy with what they were doing, it might be safe to say, to some poor guy or gal out of work in that town, There are no jobs out there.
But if it were a town with 100 people who had jobs, that might not be so safe to say. Eventually, someone’s gonna get sick, or move, or die. And then a vacancy will be created, that needs to be filled. With 100 jobs, there might be several such vacancies.
And if it were a town or city with 1,000 people who had jobs, or 10,000 or 100,000, there would be still more vacancies. For the principle is: the larger the workforce, the more certain it is that there are jobs out there—vacancies being constantly created due to human factors: people getting fed up, people getting promoted, people moving away, people falling sick for a long time, people retiring, people dying without warning, and so on. And in addition to vacancies, there are always inevitably new jobs being constantly created by invention and creativity, not to mention computer or technology advances.
The larger the number of people who have jobs, the more certain there are and will be job vacancies out there, waiting to be filled.
So, exactly how large is the number of people who have jobs in the U.S.? It is of course not 140, nor 1,400, nor 14,000, not even 14,000,000, but 140,000,000. That’s one hundred and forty million. So, with promotion, moving, sickness, retirement or death, it follows that there are jobs out there falling vacant, and waiting to be filled. Always. That’s just human nature.
How many jobs fall vacant? Some experts say it amounts, each month, to 1 percent of those who have jobs. Which in this case, would figure out to 1,400,000 vacancies per month currently.
Other experts, citing historical records for the period 1994–2004, say it in fact amounted to an average of 1,250,000 per month, year in and year out, for that period. That was the figure Ben Bernanke suggested, in an address he gave at Duke University back in 2004, before he was made Chairman of the Fed.
Well, I just saw in the news the April 2009 unemployment figures. They said that 13,200,000 people were unemployed but were officially looking for work, and 2,100,000 were unemployed but had given up looking, and then there were 9,000,000 part-time workers who want full-time jobs but can’t find them. So, your figure of 1,250,000 monthly vacancies, doesn’t come anywhere near matching the number of people who want to find work. It still sounds like an awful situation, wouldn’t you say?
Absolutely. But this gap doesn’t just exist during brutal times. There are always more people looking for jobs than can find them. That’s why there are always at least 8,000,000 people who fail to find work in the U.S. even in the best of times. Job-hunting is all about competition. When any of us is out of work, in good times or bad, we always have to compete with others for any job that interests us.
It’s just that in brutal economic times the competition grows a lot, lot more fierce; and people who have elementary job-hunting skills that were adequate enough to get them through easy times, now find those skills insufficient for the time at hand.
Still, even in this worst of economic times people are finding jobs, every day in the year. A recession or Depression wakes everybody up to the fact that they need greater job-hunting skills.
What do you mean by greater job-hunting skills?
Well, there are four pillars, I think:
1. Assume that finding work is your job. Don’t wait for someone else to come and save you—the government, or anyone else. If you are someone with faith, the rule is simple: pray as though everything depended on God, and then work as though everything depended on You.
2. Be willing to work hard on your job-hunt. Don’t just give it ‘a lick and a promise,’ and then give up. ‘Working hard’ means time and persistence. Lots and lots of time. Days, weeks, months. And be smart in your use of time. Learn a lot during this period. Learn which job-hunting methods have the highest success rate, and which have the lowest. Invest your time accordingly.
3. Do a thorough and detailed inventory on yourself. You think you don’t have time to do this? Oh yes you do. Incidentally, this step is more overlooked than any other I can think of, yet has more to do with a successful job-hunt than anything else I can think of. You will want to be focused—laser beam focused—during the time you are looking for work. You want to know, and you want to be able to describe to others, what you are looking for in the way of work, in the greatest detail. ‘Staying loose’ about what you’re looking for is job-hunting suicide.
4. Learn everything you can about the job-hunt in 21st-century America. Go beyond what you learned back in high school, or—worse—out on the street.
In brutal times, it’s time to update your knowledge. For example, do you know the 18 different ways there are to look for work? Do you know how many of these you should use at any one time? Do you know what to do next, if the Internet and posting your resume doesn’t turn up anything? And if you decide to use a resume, do you know what is the one criterion by which you should decide whether to include or omit any particular item? If you get a job-interview, do you know what is the time limit you should observe in answering any question? And finally, do you know the one question you should ask, in the interview, that will make a difference in whether you get offered the job, or not?
Remember above all else, in brutal economic times the familiar ways may not work. The ways that worked last time you were out of a job, may not work this time. Marshall Goldsmith famously said it: What Got You Here, Won’t Get You There.
Be ready to observe, to learn, to change your way of doing things. Be ready to reinvent yourself, with a new identity. No longer, “I am an auto worker (or whatever)” but “I am a person who …”
Okay, but before we continue, I just want to register my distaste for the fact that the job-hunt is all about competition. I think that sucks. There has to be a better way.
I couldn’t agree with you more. Cutthroat competition offends the spirit and the soul. I once got a glimpse of a better world. I was sitting on a bench in Walnut Creek, California, eating an ice cream cone. An old lady, with white hair, came and sat down beside me. “Isn’t this a terrible time!” she said, by way of striking up conversation. “Yes,” I agreed. “You know,” she said, “there used to be a mine up in the hills over there. During the Depression everyone was out of work. My father heard that they were hiring, up at the mine. So he went up there and stood in a line outside the hiring shack. Since the wait was long, he struck up a conversation with the man behind him. Eventually, as the line moved, my father found himself next in line, outside the shack. When he went in, the hiring manager said, ‘You’re in luck. This is the last job I have to give out today.’ My father turned and took a look out the door. ‘In that case,’ he said, ‘why don’t you give it to that man out there. He has four children depending on him, and I only have two. I’ll find another job.’ ”
So, out of compassion, he gave away the job that was his.
If only we could replace competition with compassion, the job-hunt would be a better place. Not to mention the world.
P.S. The compassionate man, her father, found a job the following week.
Summary: Eventually we will come out of this. It will be over. It’s only a matter of time.
What we need, in the meantime, is patience. And compassion.