My intern will wake up this morning and at some point check the national news and see that the jobless rate in the United States jumped to 8.1 percent in February.
This will not make her happy. Why? Katherine Guiney is a senior in college and she’s worried about her job prospects after academia.
Lately she’s been acting a bit like a prisoner waiting for her number to be called on death row.
She, like many college students, is at a major life/career crossroads and she’s not sure which freakin path to take.
Why? Just thank all of us who screwed up the economy just as she was about to jump into it.
Feeling guilty, I decided to contact one of my favorite career gurus and have her talk some sense into Katherine. Here’s what happened, in my intern’s words:
By Katherine Guiney
With the unemployment rate higher than crap and with the National Association of Colleges and Employers saying hiring among college graduates will be down 22 percent this year, what is a college senior and graduate-to-be to do?
Do you go out into the barren wasteland that is the job market or do you continue stay in the pretend-world that is college?
As I prepare to graduate in May, these annoying questions just won’t leave my head. Don’t think I’m just sitting on my butt waiting for these questions to answer themselves, because I’m not. I’m filling out both job and graduate school applications with the rapid precision of someone who does nothing else, and yet, I have no idea what I should do come graduation.
So, to help me out, Eve had me to talk to Roberta Chinsky Matuson, a career expert and president of Human Resource Solution. She gave me the low-down on what college graduates are in for and what they should be doing.
“Here’s what I think you should do,” she says. ” First of all, I think you should leave every option open.”
In other words, although I haven’t received so much as a reply from any job I’ve applied to, I shouldn’t think that I’m stuck going to graduate school.
Graduate school is a great option, Matuson says, but don’t go if you’re not in a position to do so. What does that mean? Basically, if you don’t have the financial ability or you don’t know what kind of career you’re headed for, don’t go. You’re going to accumulate huge amounts of debt and it’s just not responsible to take that on for no reason.
That being said, she notes, graduate school is a great way to continue your education and you should not count it out.
You should also not count out the job market just because it’s down.
“Just because it’s down, doesn’t mean it’s not there,” Matuson says.
For those of us looking to get a job, she says we must utilize any resources within our grasp. Use parents’ and employers’ social networks, in addition to your own.
“One thing I would ask,” she says. “Have you visited the career placement office yet? If the students are waiting until maybe April or May to show their face, at that point the game is done.”
If you don’t have job come graduation there are still options.
“You could approach employers to do an internship,” Matuson says. “You have to go to them, you have propose it, and it has to be beneficial for them.”
If this is where you end up, make sure to outline your role, she says. Don’t be that person getting coffee for everyone and making copies. You are there to learn and then move on.
One of the most important things is to just stay positive. Matuson says she graduated during a recession and people told her she would not get a job. But she did.
So there is hope after all.
Ah hope. Do you have any? I do. I admit it. Don’t hate me because I’m hopeful.
March 6th, 2009 at 11:32 am
Our employment rate is higher than 91%. Cool. It means there are people working, making money, and building your career.
I think the problem with college grads today is the problem with college grads 15 years and probably 30 years ago.
First, for many there is no problem. They are simply out there looking for and finding work in various industries and positions.
But for some there is a misguided belief that if you graduate with a degree in X, you will get hired for X. As a former business owner this always struck me as curious. Programmers coming out of college were rarely ready to be programmers.
They were ready to intern, work as a clerk, maybe a business analyst. I started doing data entry - even though I could program. Then I helped my department by creating some reports and very very basic automation. Over time, my willingness to take on various responsibilities opened opportunities closer to what I wanted to do - over time - measured in years.
College grad… Love ya, mean it. But unless you have been interning (interning to me is free or nearly free work) for a company that does what you want to do and adding value to them like crazy, it is unlikely you will do what you are “trained” to do for several years.
This is true in good economies, even more true in tougher economies.
Secondly, unemployment numbers are largely unimportant to you. Don’t live your life by statistics. Remember, if unemployment is 2% and you are unemployed, your “Economy of One” is in trouble. Similarly, if unemployment is at 15% and you are gainfully employed, your “Economy of One” is humming.
Concentrate on your “Economy of One” and you stand to be in better shape than someone concentrating on labor reports.
March 6th, 2009 at 4:32 pm
oh matt, you’re are actually trying to bring back paying your dues. soooo old school of you.
only kidding, you are so dead on!!
i had to fetch coffee and do a lot of filing when i started in the journalism biz..and it was for a crummy weekly no one read…
March 7th, 2009 at 1:59 am
Matt is absolutely right. The White House scares the hell out of alot of us and especially the generation that is here and coming. THey are smarter than us because they have an fantastic record of our mistakes and most of it is on video tape or youtube.
I worked an average of 75 hours per week as a salesman with no college and my best year was about $150000. Before that, trust me I lived and that is what the youth shoud do, live. This is the greatest country on earth. Those before us did what was necessary in their time. You will do the same.
The generation of us born in the sixties are now the parents of those who are goind to college now. I am the father of six and have two more left. I am quite proud of my children. At least one and possibly both of th elast two will go to college. Three have gone before and one is still attending. The one graduate makes about $60000 per year working for the Golden Archs.
Colege is an advantage that takes precedence over everything except practical experience. And some day, you will have experience.
This is my favorite new song. It is brutal to watch yet I am one man who has done it all before, and I can relax now in my late fourties and just be the best maintenenace man there is. And I am…
http://www.youtube.com/watch?v=43pkqeamXe8
March 7th, 2009 at 5:56 pm
Matt,
I agree with the idea of doing an internship, in fact even though I’m 31 and 5 months from graduating from Columbia University, I took on an internship from a minor league baseball team. My ultimate goal was to become a stadium manager. What I found is I’m going to be prepared to do about 13 different types of jobs by taking on this one role.
One note, I don’t agree with unpaid internships. Everyone should value their work in terms of monetary compensation. That doesn’t mean you demand a huge salary (which in minor league baseball you’ll almost never find), it does mean you should get something for travel or food or all of the above.
September 13th, 2009 at 10:07 pm
Thanks so much for sharing this advice. I have been worried about this since the end of my junior year of college last Spring. I am keeping my hopes high though and…grad school here I come!!!
September 26th, 2009 at 9:56 am
The problem is sense of entitlement & general arrogance. College students act like wannabe yuppies. Note, to be a yuppie you actually need to have a job not living off of your parents handouts for beer, clothes & ipods forever without working a day in your life
College students expect to make $80,000 a year right out of college with no practical experience and think its an entitlement.