While the economy is reeling from the foreclosure crisis, as well as the timely issue of the Congressional bailout (or not) and Wall Street’s seeming freefall, those who are looking to make a career transition might be thinking twice.
It’s a plausible issue. After all, the job market, in many areas, is getting much worse. Layoffs at companies, in the face of the credit crunch, may increase dramatically. Make no mistake, in the media and on the streets, these look like scary times.
However, if you are still thinking about making a change in careers, move forward, but proceed with caution.
First, and most importantly, do as much research as possible about the field you are planning to move into. News searches on Yahoo and Google, as well as labor market trends through both the U.S. Department of Labor as well as state labor agencies are excellent sources for information. Keep on top of the latest in industry fluxes, so if you do plan to make a change, you’ll be ahead of the game.
Secondly, your network will be crucial. People you know and organizations that you belong can have first-hand knowledge of the field you want to enter. And if you don’t have a connection in the field, make one by conducting an informational interview with a representative in the profession you’re looking at. You’ll be surprised at how many people are willing to speak with you about their field.
Finally, take a look at your education. It’s the general trend that during tough economic times, people seek more schooling. And depending on the profession you’re looking at, it may be necessary.
Even as the economy looks downward, you can still find yourself positioned for a new career. It’s just a matter of how prepared you are.