How an Individual Positions Themselves for Marketability :: Job Market Employment Careers Essays

How an Individual Positions Themselves for Marketability With an unstable business environment and competitive commercial enterprise market exclusives are finding it more(prenominal) difficult to acquire or maintain a way of life they have been accustomed to. Unfortunately this flip is occurring faster than society would like to believe or can keep up with. The days of working for one company until retirement is one of rarity. technical advancements, global competition, lack of leadership and foresight all play a part in the instability of the job market. Company mergers, acquisitions, reorganization, hostile takeovers, and just dismissal out of business can happen regardless of tenure, or years of service. Individuals who lack a degree will find themselves at a hurt if ever unemployed or looking for a promotion. With a growing rate of unemployment, and need for skilled labor, employers are more selective in their prime(prenominal) of potential candidates and may overlook a qu alified individual for one that possesses a degree. Although this practice may seem unjust or short sighted, it happens everyday. How an individual accepts this reality and positions themselves for future marketability is the focus of this argument. According to The Principles of Economics by N. Gregory Mankiw, Harvard University, Thomson South Western publishing 2004, many studies have documented that the earnings gap between workers with gamey skills and workers with low skills has increased over the past two decades. A man with a college degree can earn up to 89% more than one without, for woman the figure is about 70%. The incentive to stay in school is as great today as it has ever been. passim the 70s and 80s students could graduate from high school with a promising future and many joined the labor force without tending college. Unfortunately as the market changes and the need for skilled labor increases, many adult workers are now faced with a decision. More and more high school students are moving on to college and the labor pool is becoming more skilled and competitive. Although years of experience can be used to armed combat this reality, many employers do not grant an interview unless a degree is present. If an individual becomes unemployed or would like to be considered for a promotion the share of success is rapidly decreasing.There are programs available for the working or unemployed adult. Many college institutions have recognized this phenomenon and have developed programs to meet the necessitate of adult students.