Many of us know people, perhaps even ourselves, who are actively looking for work but unable to find suitable jobs, or are forced to take roles that pay a fraction of what we need to earn just to keep ourselves afloat. The unemployment rate in the Keene area stands around 4.1% in Keene proper in 2014, and 5.1% in Cheshire County (2013). And that’s not rhetoric from politicians, these stats are from New Hampshire Employment Security based on US census data. That means for every 100 people ready, able, and willing to work, only 4 or 5 of them are unable to find a job. Sound accurate?
The trouble with these generalized statistics is that they don’t readily account for one very important component – underemployment. Underemployment is a serious issue that is hard to track or even manage
“A measure of employment and labor utilization in the economy that looks at how well the labor force is being utilized in terms of skills, experience and availability to work. Labor that falls under the underemployment classification includes those workers that are highly skilled but working in low paying jobs, workers that are highly skilled but work in low skill jobs and part-time workers that would prefer to be full-time.” – Investopedia
This soon becomes a question of paradox – certainly most people may be technically employed, but when you find a veteran manufacturing foreman working at a donut shop, you don’t have a clear representation of the employment situation. Many friends and family members have been forced to take part-time roles in retail for example, for benefits and enough cash to keep the lights on at home, unable to find a career in line with their training or skillset. Others have simply giving up looking for work entirely, which would no longer classify them as unemployed since they are not reporting to be actively looking for work.
So what do we do with this information? The answer is to simply tune out the rhetoric we hear from politicians and look inside ourselves for answers and motivation, and reach out to the local hiring community to seek a better opportunity. For starters, give your friends at Masiello Employment a call, and in the meantime, ask yourself: Am I in the job I want to be? Am I using my skills in my work? Am I motivated and challenged by my current role? Am I working at my full potential? Have I been actively looking for the job I want?
It’s far from easy to refocus energies on a new job or career, but there are tools and people like us willing to work with you. We’ve been actively engaged in the local hiring community for decades and know the market conditions, good or bad, and the companies who are actively hiring, or even planning to hire. Even if you aren’t actively looking for a new role it makes sense to get to know a few folks in our offices who can keep an eye on the market for roles you may be interested in. And little proactive job searching is always a wise idea. And remember to keep an eye on our current jobs.
So give us a call, send along a resume, or drop into our offices and meet some of the folks who have their finger on the pulse of the hiring market. Explain what you are looking for and we will keep you on our candidate radar for when positions arise that fit your requirements. We can’t promise to fix the economy but we can share our expertise with you and keep you in mind for future opportunities that align with your needs.