Posted in Career Advice for Young Professionals Generation Y/Millennials Job Search Tips Recommended Career Resources on March 19, 2008 at 11:35 am
One of my “absolute must” tips for young professionals is to read a national newspaper every day. It’s essential to be knowledgeable about current events that might affect your career prospects, especially if the news is relevant to your particular industry.
For anyone working or job hunting today, the state of the U.S. economy is one of — if not the #1 — issue to know about. Luckily, today’s New York Times features a great article summarizing the current financial crisis in understandable language. The article, “Can’t Grasp the Credit Crisis? Join the Club,” by David Leonhardt, answers this complicated question:
So how is it that a mess concentrated in one part of the mortgage business — subprime loans — has frozen the credit markets, sent stock markets gyrating, caused the collapse of Bear Stearns, left the economy on the brink of the worst recession in a generation and forced the Federal Reserve to take its boldest action since the Depression?
As one of my favorite newscasters, Pat Kiernan of NY1, said this morning during my favorite segment, “In the Papers,” if you only read one story on the financial crisis, read this one.
@ Zak – This is great!!
- Lindsey
@ Miriam – Thanks for your comments and for sharing your post. We all need to be aware of what’s going on so we can stay ahead of the game!
- Lindsey
Here’s a great 2.5 minute overview of the subprime mortgage crisis by Australian comedy duo Clarke & Dawes; it’s more fun than a NYT article
http://www.abc.net.au/australiawide/stories/2008/200803/s2190009.htm
Lindsey,
I couldn’t agree with you more about the importance of keeping up with the news. With so many places to learn news (blogs being one of them), it’s important to pick one or more vetted sources of information.
For job hunters evaluating the current economic crisis, there may be some good news. I blogged about the fact that there may still be jobs to go around for new professionals:
http://keppiecareers.wordpress.com/2008/03/13/majority-say-recession-is-herewhat-it-means-for-your-job-hunt/
My key point is to be prepared, keep on top of your game and don’t let negative talk get you down. Opportunities happen for people who make them happen!
Miriam Salpeter
Keppie Careers