UK Apollo Group
‘Create a Career
Strategy and Avoid Long Term Unemployment’ says PCS Executive
Analysis of Employment
Statistics published by the Office for National Statistics by PCS Executive,
the UK’s leading provider of career services.
The latest report
published by the Office for National Statistics (ONS) reveals the state of the
job market at the close of 2009 and creates a confused picture. Unemployment
numbers appear to have fallen but the rate of employment has fallen also.
The number of people
taking part time roles or working on a self employed basis has risen, as well
as an increase in the ‘inactive workforce’ and the number of people out of work
for over 12 months has continued to increase putting figures at a record high
since 1997.
The ‘inactive workforce’
saw a dramatic rise which is representative of two things: more young people
are choosing to study rather than face a tough job market and, more worryingly,
people are giving up on their job search all together. The rise in the
‘inactive workforce’ is in direct correlation with the number of people out of
work for over 12 months and the drop in claimants of jobseeker’s allowance.
On a positive note,
the number of vacancies advertised has risen quite substantially representing
business confidence as more companies begin to invest in creating a stronger
workforce.
However, with the
government planning public sector job cuts the repercussions on the economy and
the job market is set to take a further nosedive later in the year. By creating
some foundations now the support will give you security when things worsen.
Simon Hudson, Regional
Director at PCS Executive commented, saying ‘It’s saddening to think that
people are becoming despondent with their career prospects and have struggled
for so long that their only option is to give up.’
‘The statistics show
that people need to rethink their strategy if they want to succeed in this
difficult market and creating a strategy early on, before money runs out and
morale slips, is integral to avoid dire straits.’
PCS Executive believe
that despite the economic downturn and the continued uncertainty surrounding
the job market, being able to push your career forward is still possible. ‘By
creating a strategy you can cut your job search in half and still land a role that
is right for you and fits with your objectives,’ continued Simon.