Australia's employment rate is 95.2%. That's not bad. We only ever hear about the unemployment rate of 4.8%. The purpose of the media is to tell the news in a way which sells the most papers and advertising. A great example is the sensationalism with which the media portraits the mass layoffs and company closures in recent times.
Don't get me wrong, these are challenging times and retrenchments are happening at an unprecedented rate. Some industries and occupations are suffering more than others. Engineering, for example, is being hit hard by the downturn.
But it's not all doom and gloom. There is still work which needs to be done. There are still jobs out there.
I'm pleasantly surprised by the underlying buoyancy in the market. Participants on our Career Transition programs are generally finding work quicker than one would expect. But those that are the most successful are working the hardest.
Jobs simply aren't being advertised at present. Companies are reluctant to advertise yet they are still recruiting. So don't focus on the bad news, focus on the good news: you have great talents which someone, somewhere will gladly pay for.
