ARE YOU READY FOR THE TOUGH JOB MARKET AHEAD?
STRATEGISING YOUR RESUME FOR THE NEW HIRING TREND
The Singapore job market has gotten worse. Job vacancies continue to go south while the number of workers made redundant increases. According to the Ministry of Manpower, the resident jobless rate rose to 3% in 2016. A record of 72% of local residents made redundant was PMETs.
This is a worrying trend as PMETs find it difficult to secure other white-collar, desk-bound jobs with similar pay and perks. They are less flexible to transition to another career path.
Another area of concern is that those out of work take a much longer time to find work. Though the Singapore economy is purported to grow at a slightly higher rate at 2.3% for 2017, it brings a little comfort and cheer to those wondering when they will be able to find gainful employment.
As we face a very uncertain and unpredictable economic environment, salaried men and women need to bear in mind:
· get your resume, not just right, but to meet ever-changing hiring demands
· avoid at all cost falling into a “chronic unemployment” pit
· be ready for the future of work – SkillFuture ready
· embrace change and re-skilling, earn new skillsets
· acquire life skills and build resilience
It is also worth the while to take a personality and aptitude test to find out your gifts and what you are made for. Whilst driving Uber and Grab isn’t unfitting nor degrading, it’s hardly a skill-development job nor it is SkillFuture ready for the new frontier. We applauded Assoc Prof Donald Low from the LKY IPS for highlighting these downsides.
For more information on how we can assist you in career management planning, log onto www.successfulresumessingapore.com
