Your Guide to Landing a Job

The overall unemployment rate in the United States sits at 3.6% as of June 2019, continuing its steady decline since the recession of 2007-09. While the labor market should continue to see growth across many industries, some fields may experience significantly more rapid expansion. For example, the BLS projects that positions in the healthcare industry will increase by 18% from 2016 to 2026, adding approximately 2.4 million new jobs. Similarly, the BLS projects employment in the field of computer and information technology will increase by 13% during that time, nearly double the average growth rate for all other sectors.

This growth in employment, however, has not translated into wage growth. According to the Pew Research Center, the current average wage has roughly the same purchasing power as the average wage of 40 years ago. Most wage gains go to the highest earners, typically those working full-time jobs that require postsecondary education and several years of professional experience.

Recent graduates should consider several market trends as they begin the job search process. For one, baby boomers, or those born between 1946 and 1964, are rapidly retiring. While some of these older professionals may delay retirement due to insufficient savings, their ultimate departure from the labor market will create openings for younger individuals with similar skill sets.

In addition, many companies are beginning to see the benefits of more diverse and inclusive working environments, especially when it comes to driving innovation. An increasing awareness of the importance of diversity should lead to greater opportunity for people of color, women, and individuals with nontraditional professional or educational experiences.

Finally, artificial intelligence and other technological advances will likely disrupt the labor market in a significant way. While some industries may require more individuals with technical expertise and soft skills, automation may lead to a steep decline in employment for those in manufacturing, transportation, and related industries.

Increasingly, postsecondary education has become a standard requirement for entry-level jobs. To hold a competitive edge over other candidates, you may need more than an undergraduate degree.

For example, professionally focused learning, such as a badge or industry certification, can help you signal specific expertise to future employers. Participating in an internship while in college allows you to develop work-related skills and begin cultivating a professional network.

Your college or university’s career office may also serve as an invaluable resource, connecting you with job shadowing, mentorship, and informational interview opportunities. Career counselors also provide advice on topics like honing your resume and following up after an interview.

While the job search process may seem daunting, you can increase your odds of success through preparation, determination, and a strategic and informed approach.

Start by reviewing employment trends in your industry and geographic area to better understand what companies need from their new hires. Spend time developing related skills through training programs, internships, and volunteer experiences. Begin building a professional network by attending events and requesting informational interviews from established professionals in your field. Customize your application materials to specific opportunities. And finally, consider working with a friend or colleague to prepare for interviews, assessments, and salary negotiations.