The 2021 Employment Crisis


As the economy begins to open and demand for service rapidly grows, certain industries, such as hospitality, retail, and more, are facing a shortage of employees. In fact, during Memorial Day weekend, some beaches and parks across the country could not open due to lack of staff. To tackle this obstacle head-on, some companies are advertising using new channels to recruit talent, like posting signs in their storefronts and neighborhood listservs. They are even offering sign-on and retention bonuses as incentives to prospective employees.

According to the latest employment report from the Bureau of Labor Statistics, employers added 559,000 new jobs in May (twice the number from April), positively impacting industries such as hospitality, private and public education, health care, and social assistance. Other industries, such as professional and business services, manufacturing, transportation and warehousing, and wholesale trade also posted job gains. Unemployment has dropped to 5.8 percent in May, from 6.1 percent in April.

With a plethora of open positions and a lot of people looking for work, you’d think the matching of jobs and seekers would smoothly come together; however, this is not always the case. Time is ticking, and the American Rescue Plan continues only through September 2021. This moment offers job seekers the opportunity for personal career transition, especially if their industry is experiencing loss. (If you work in construction, for example, consider switching fields, as this sector lost 20,000 jobs in May.)

Employers and companies cite labor shortages as a significant reason why positions are still open. Other factors in play include transportation concerns, childcare arrangement issues, unemployment benefits, responsibility to care for parents and/or grandparents, and safety and health concerns related to the pandemic. Additionally, many people left their job during the pandemic to provide childcare, caregiving, or school support at home.

In this moment of great transition for our country, here’s how job seekers can thrive in the everchanging employment landscape:

·         Evaluate your career: Take the opportunity to consider your career, where you want to go, and what you enjoy doing every day. We rarely get a chance to reevaluate what’s important in our life and career. Consider contacting a career coach at the Ignite Career Center of Jewish Community Services to help you move forward with the next steps and point you in the right direction.

·         Be open to a nontraditional or flex job: Step outside of your comfort zone and consider jobs that are remote (virtual), hybrid, or offer a flexible schedule, such as a different shift. This will give you more options and show employers that you are ready to work with them.

·         Set up informational interviews: Tap into connections through family, friends, colleagues, and peers and see how they can help you make contacts in fields that are growing and adding jobs. Through these conversations you can gain that inside knowledge to see if a particular company or field may be for you.

·         Volunteer or find an internship: Seek out an organization whose mission you are passionate about or find a virtual internship where you can use your experience to help with a specific project or area. These efforts will not only give you additional experience and fine-tune your skills but will enlarge your professional and personal network.

·         Invest in yourself: Take a class to learn new skills, such as computer programs like Excel. Earn an online certification or take some college coursework. This will give you more employment options and boost your confidence.

May’s rise in job numbers and dropping unemployment rate signals that more positive trends and rebounds are on the horizon and the end of the pandemic is in sight. This offers job seekers the opportunity to try new employment approaches and explore new career opportunities by thinking outside the box. By investing in yourself, you will become more marketable, have a better understanding of the current employment landscape, and strengthen your self-confidence.

 

Lisa Cohn, PHR, is an account representative at the Ignite Career Center of Jewish Community Services.

 

 

 

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