Life After Redundancy, The Facts and Figures IM HIRED

Life After Redundancy, The Facts and Figures Boxing up all those facts with one neat bow Read the news and you cant help but think if youre currently out of work it might be impossible to ever get back in. The headlines are focused on the rise in unemployment and the latest wave of companies facing administration which includes the thousands of jobs at risk. Looking through the articles do you ever get overwhelmed by all the facts and figures? Not sure how it affects you or what it means for your own job search? If you do then dont panic you are not alone, I have put together a list of facts about unemployment not to scare you but just to make it slightly easier to understand. But remember youre not a statistic and neither is your job search Unemployment Rates It currently stands at 4.4% which although is an increase from earlier in 2017, its actually a decrease from the same time the year prior. Redundancies Rates This was at a rate of 3.9 per 1000 employees being made redundant during the period of October December 2017. Jobs Available There are a lot of vacancies out there so dont feel too despaired about finding the right one, it just takes a lot of hunting. Between November 2017 to January 2018 there were 823,000 job vacancies which is 70,000 more than the year before so there is still plenty of opportunities. If youre looking for work the majority of roles are in the service industry including wholesaling, retail and motor vehicle repair. So they might be sectors to consider. All the above facts are according to the Office for National Statics  report correct as of Feb 2018 How long does it take to get hired? According to  Glassdoor  the interview process take 27.5 days for each role. Now this might seem a long time, but in my experience I think it is spot on. From the point you send off an application to getting hired is usually 4-6 weeks so set yourself realistic timelines. The recruitment process can be long but it is worth it for the right job. Summary Employment rates will always change and the job market will alter but that never means you wont get back into employment nor does it mean you should hold off on finding your dream job. Head to my Life After Redundancy, Whats Next post to find out the 6 main steps to getting back into work and more importantly getting a job you love!