Ask the Experts: Hoping for a New Job in the New Year?
In the past, a job used to be for life. Not anymore. Now, as the baby boomers retire it is rare to hear of employees having worked at companies for twenty, thirty or forty years.
Instead, with the retirement age increasing, younger generations or those mid-career will face the prospect of careers spanning several decades. The effect of this social change is already impacting the work force with many retirees starting new careers in a new field.
This trend is set to continue. The likelihood being that the majority of us will have numerous careers during our working lifetime.
But these past few years of economic turbulence have not only affected financial security but have damaged job prospects and job security too. This week the UK unemployment rate rose from 7.9% to 8.3% reaching 2.64 million and achieving the highest levels since 1994.
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