Finding an
entry-level job right now may be more difficult for recent college graduates due to economic uncertainty. Trying to protect profit margins has made many employers more reluctant to hire inexperienced workers.
With many companies, entry-level positions exist to groom professionals for higher things within the infrastructure. Because many employers are distracted with trying to make it through the recession with as little as damage as possible,
there isn’t as much time or money to devote towards helping tomorrow’s mid and upper-level employees get started.Ford Motor Co., for example, recently announced that they do not expect to hire any new entry-level workers until sometime during mid-2009. The company, whose profits have taken a severe hit from the fact that high gas prices are discouraging automobile sales, has already cut its North American workforce by approximately 40,000 hourly wage positions.
Although this example maybe somewhat extreme, it helps to illustrate the problems that recent graduates are facing in the job market. Many are concerned that the declining number of entry-level jobs will cause other problems for these individuals. After all, how can one be expected to gain experience that will be valuable to their career later on if the jobs simply don’t exist?
Another problem that is making it harder for those entering the workforce now is the fact that many experienced workers are escaping joblessness by being under-employed. Given the current economic situation, some hiring mangers have found that can get more for their money by hiring mid-level workers for entry-level jobs.
Those looking for their first career-worthy position who participated in an internship program at sometime will likely have an easier time finding work. Since many
entry-level job seekers have no experience at all, those who interned in the past need less training and have a better feel for the workplace.
Labels: Entry Level Jobs