How Do You Get a Job When Fancy Resumes Don’t Work Anymore?

Millions of Americans are hired to fill jobs every month in the American economy. If this is true, why can’t you get a response when you send your resume in response to a job posting? Here is the answer.

Buzz TodaySource: The Wall Street Journal, “Your Resume vs. Oblivion”, by Lauren Weber, January 24, 2012. The Starbucks Corp attracted 7.6 million applicants over the past 12 months for about 65,000 retail and management positions. Procter & Gamble Inc. got nearly a million applications last year for 2,000 new positions plus vacant jobs. And the Texas Roadhouse Inc. gets as many as 400 resumes for a job opening within 24 hours after listing it online.

Many people complain that they submit their resume to hundreds of job postings and never hear anything at all back from any company. The reason they hear nothing is because the software “bots” that companies use to screen resumes are not passing the resume on to HR recruiters unless the key words in the resume match up nearly perfectly with the key words in the job description of the posting. The reason companies are doing this is clearly shown in the data in BUZZ Today. There is no other practical way to deal with the massive number of resumes received.

Unfortunately, the bots are merely a fact of life in the labor market today. A bot is a piece of software, not a human. The bot does not interpret or infer. It matches key words. If the key words are not present it does not pass the resume to the recruiting manager. So for example, if the job ad says “Bachelor degree required, masters degree preferred and 5-7 years experience” the candidate’s submission has to match exactly.

Here is an example of how hard this can be. Here is an actual job posting for a marketing position at an innovative company.
Position: Sr. Manager, Digital Marketing
* Education: Bachelor’s degree required, MBA preferred
* Experience: 7-10 year’s experience with a consumer-oriented internet business in a multi-channel environment.
* Must have experience in the following marketing functions: agency management, strategic brand marketing, digital marketing vehicles, website operations.
* Experience managing complex projects and multimillion dollar budgets.There is no way around this grim reality. Because our labor markets are now functioning like this it is more important than ever that the applicant do what is presented in my book “Your Future is Calling”. Rather than picking a college, then a major and getting a degree and then looking for a job (marketing in this case), the book advises, Who you are then career choice, major, degree, university. In this way the person has a better chance to have what is needed when they get to the job posting.

Even in the face of this trend in hiring there are some reasons to be encouraged. Employers will need 22 million new workers with post-secondary degrees – and the report shows that we will fall short by three million workers without a dramatic change in course. This translates into a deficit of 300,000 college graduates every year between now and 2018.

How to Make Sure College is Worth It and Save Money Too

Make money after college and save money while in college.  Possible?  Yes, if you do the right things at the beginning.  If you do what college students have traditionally done you can wind up with huge debt and low income.  Many have and millions more will without a change in the path to a degree.   Here’s what you need to know.     Source:  The New York Times.   At a time when the value of a college degree is being called into question, and when job prospects for many new graduates are grimmer than they’ve been in years, perhaps it’s no surprise to see a not-back-to-school movement spring up.  The push, which is luring a handful of select students away from the likes of Princeton, Harvard and M.I.T., is the brainchild of Peter A. Thiel, silicon valley billionaire.  A  college education remains essential for people from less privileged backgrounds says Carmen Wong Ulrich, co-founder of a three woman investment firm in New York City. “Many African-Americans and Asians can’t afford to ask the question, “Is college worth it?”  We’re not all starting from the same starting line. “Many of us are the first in our family to even attend college”, says Ms Ulrich.

I assume that you are not one of the select few destined for Princeton or Harvard and that you are, like me, first in your family to attend college.  The challenge for us is to make sure college is worth it.  We cannot afford to do otherwise.  Unfortunately, just going to college is not a guarantee that the degree at the end of the process will be worth it.

Two key factors determine the financial part of the ‘Worth it’ answer.  These are, what you can earn after you earn a degree and how much you pay to earn that degree in the first place.  Let’s begin with the last issue first – how much you pay or the inverse, how much money you can save.  By far, the biggest factor that impacts how much you pay is the college or university you attend.  Sounds simple.  It is if you have the right information.

To begin with, the average net tuition being paid at many colleges and universities is at an average almost 50% off of the listed tuition cost.  That means that you can save almost half of the cost by wisely selecting the college you attend.  Details are available in Your Future is Calling.

There are excellent independent data sources about income earned with various degrees.  We will look at one case study here.  As part of a larger study I was asked to look at the financial potential for a graduate of a two year college program in any one of six careers.

Preschool teacher,Paralegal, Diagnostic Medical Sonographer, Registered Nurse, Dental Hygienist, Occupational Therapy Assistant.

The data sources used for this analysis were O*NET, COLLEGENavigator, and SalarySurfer.  Looking at the income two years before and two years after graduation for California Community College graduates in these six careers show a rate of financial return of over 1,500% for the weighted career average. I know of no other investment that even comes close to this financial return.  The bottom line is that it is possible to make sure college is worth it.  See Your Future is Calling for more details.

How to Chose a College Degree and Find a Fulfilling Career

Here we examine five careers and the required degrees potentially attractive to someone unemployed or seeking a change in their career. The list is a reasonable sample of choices you might be considering for yourself. These careers require different areas of study and levels of education. It is important to consider the data on careers before selecting a course of study for your college degree. Below we examine career data and the professional requirements to build a career in each of these five career fields.

Buzz Today Source: Georgetown University Center on Education and the Workforce. The report, Help Wanted: Projecting Jobs and Education Requirements Through 2018, by the Georgetown University Center on Education and the Workforce, forecasts that by 2018, 63 percent of all jobs will require at least some post-secondary education. Employers will need 22 million new workers with post-secondary degrees – and the report shows that we will fall short by three million workers without a dramatic change in course. This translates into a deficit of 300,000 college graduates every year between now and 2018.

Registered Nurse
Employment (2010) 2,737,000
Projected growth (2010-2020) Faster than average (20% to 28%)
Projected job openings (2010-2020) 1,207,400
Median wages (2012) $65,470 annually

Education Most require training in vocational schools, related on-the-job experience, or an associate degree
4% some college not degree
67% Associate’s degree
29% Bachelor’s degree

Market Research Analyst
Employment (2010) 283,000
Projected growth (2010-2020) Much Faster than average (29% or higher)
Projected job openings (2010-2020) 191,000
Median wages (2012) $60,300 annually

Education
71% Bachelor’s degree
25% Master’s degree
4% Doctoral or Professional degree

Health & Medical Services Manager
Employment (2010) 303,000
Projected growth (2010-2020) Faster than average (20% to 28%)
Projected job openings (2010-2020) 141,000
Median wages (2012) $88,580 annually

Education Extensive experience needed
3% Associate’s degree
56% Bachelor’s degree
41% Master’s degree

Art Director
Employment (2010) 74,000
Projected growth (2010-2020) Slower than average (3% to 9%)
Projected job openings (2010-2020) 24,000
Median wages (2012) $80,880 annually

Education In addition to Bachelor’s degree, most require several years of on the job training.
9% Associate’s degree
74% Bachelor’s degree
17% Master’s degree

Executive Human Resources Manager
Employment (2010) 72,000
Projected growth (2010-2020) Average (10% – 19%%)
Projected job openings (2010-2020) 26,900
Median wages (2012) $99,720 annually

Education
5% Associate’s degree
68% Bachelor’s degree
27% Master’s degree

Summary: All of these careers have a reasonably bright outlook. Wages are being determined by the combination of growth in the profession, education and experience requirements. The first step to entering any of these careers would be to get the formal education required by earning a degree from an accredited higher educational institution. The experience required presents a major hurdle for any unemployed person entering any of these careers. Internships are one avenue to secure required experience.

Of all of these careers, registered nurse clearly defines the most feasible entry for a currently unemployed person due to size, growth and the relatively manageable education requirements.

Learn What You Need for the Future You Desire

Traditional: University, Major, Major, Major, Degree, Job, Career?

Your Future: Who You Are, Career, Major, Degree, University, Job

It is highly likely that you have experienced the sequence as shown in the first line Traditional shown above. If this is true, you have a set of experiences that define the challenges you now face. Some of those challenges are how to pay off the debt from your education and degree, how to find a job given the degree you have, what major to focus on. If you have already dropped out you may be deciding on what university to now transfer to. All are significant challenges.

Buzz Today Source: CNN Money title: “I will graduate with $100,000 in loans.” When Mears was ready for college, her parents had just lost their home to foreclosure. Mears fell in love with Union College when she started in 2011. She is majoring in political science. She’s also taking time to figure out a five-year plan, including what she’d like to do after graduation.

My goal is to help you transition to the sequence on the second line titled: Your Future. This is a totally different sequence of decisions that change what you need to know to get to the future you desire. Individual blogs will look at various parts of this decision.

The information is this BUZZ Today is exactly the Traditional path that most learners are on. It is University first (Union College), Major (Political Science), Degree (to be conferred), career (figure out what she’d like to do after graduation).

The Your Future path brings some of these critical decisions up earlier in the decision. Your Future is Calling provides.

A Practical Guide to the Education You Need to Have the Future You Desire.

Future posts will provide more detail on solutions to address the link between Learn and Prosper. Stay tuned.