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What Can We Learn From the Bad Job Market?

What Can We Learn From the Bad Job Market?
An article in today’s Wall Street Journal talked about the cycle of “boom and bust” and what we can learn from it in today’s economy. (And just for the record, I never invested in more than two — OK, three — Beanie Babies, and I never spent more than $100 on a purse. OK, maybe once.) But that brings up another point besides my sometimes dubious purchases — what have we learned from the “boom or bust” of the job market? That’s a question I examined in my latest story for Gannett: The last year has certainly been rough for both employer and employee. But now that there are economic signs that the worst may be behind us, what lessons can be learned? For employees, it may be that they never again let their networks lag and their skills become outdated. For employers, it may be that they listen better to their workers and be more aware of what makes top performers happy. “I really do think there is going to be fallout as far as the way people manage their careers, particularly when you’ve been laid off. It changes you in very significant ways,” says Jennifer Kahnweiler, an Atlanta-based executive coach and founder off AboutYOU, Inc. . “I think after something like that, you will always look over your shoulder.” She adds that even those with jobs have been changed by the spectra of layoffs and may be much more proactive about their careers in the future

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