Navigating the current economic crisis: A guide to surviving the job market

Navigating the current economic crisis: A guide to surviving the job market

Navigating the current economic crisis: A guide to surviving the job market

Key Points

  • As of March 2023, the Bureau of Labor Statistics reported a nationwide unemployment rate of 3.5%.
  • Well-known companies are conducting large-scale layoffs—in some cases, laying off tens of thousands of employees. 
  • The BETTER WORK program can help you take the next steps in your career to secure a better job, whether you’ve been laid off or you’re simply looking to move to the next level.

The COVID-19 pandemic has had a profound impact on the global economy, leading towidespread job losses and an uncertain future for many workers. As we continue tonavigate the economic crisis, it is important to understand the current state of the jobmarket in Georgia and strategies for finding and securing employment.

Times may be turbulent, but with the right mix of strategy, action, and support, it’s possible to find and keep gainful employment.


The state of the job market

The current economic crisis has impacted the job market in a number of ways, causing several industries to contract. Layoffs have been widespread across multiple markets. As of March 2023, the Bureau of Labor Statistics reported a nationwide unemployment rate of 3.5%. But with many companies announcing widespread layoffs, that number could potentially increase in the coming months.

Since January 2023, the tech industry has been hit hard by layoffs in a number of companies. The impact extended to household-name brands such as Meta, Google, Microsoft, Zoom, Netflix, Salesforce, and many others. Beyond tech, other well-known companies are conducting large-scale layoffs—in some cases, laying off tens of thousands of employees. Disney just announced 7,000 coming layoffs, while Amazon is cutting 9,000 more jobs in addition to the 18,000 jobs it cut in early 2023. Companies such as Goldman Sachs, H&M, Walmart, McDonald’s, Tyson Foods, NPR, and many others are also letting staffers go, in some cases by the thousands. 

Ultimately, white-collar workers are most likely to face layoffs as the impending recession looms. Most blue-collar jobs are still hiring, though, so workers in those sectors may fare better.


Strategies for finding employment

Having a support system to come alongside you and help with your job search is invaluable. The BETTER WORK program can help you take the next steps in your career to secure a better job, whether you’ve been laid off or you’re simply looking to move to the next level. If you’re in the Gwinnett or Columbus areas, we’re ready to help! Learn more about BETTER WORK here.

Regardless of whether you face layoffs or not, it’s important to get prepared for the possibility of a job hunt. It’s far better to update your resume and refresh your network connections now, rather than waiting until it’s too late. Here are a few things you can do to boost your chances for landing new employment, should the need arise.

1. Assess your skills and experience: What skills and experience have you acquired over the years? What about transferable skills? Make an exhaustive list of your professional experience and transferable skills up to this point. After that, consider listing out what skills you might like to acquire in the future.

2. Identify in-demand jobs and industries: If you need to launch a job search, you’ll want to start with industries that are actively hiring. You can research specific industries on the Bureau of Labor Statistics website, but it’s also useful to check the pulse of the market by running searches on Google and staying up to speed on LinkedIn.

3. Network and leverage personal connections: It’s always important to meet new professional connections and keep in touch with existing ones, but now it’s more important than ever. Reconnect with professional connections and leverage your network to find new opportunities you might not come across otherwise. If you don’t yet have an account on LinkedIn, go ahead and get set up there, too. It’s a great place to showcase your skills, follow companies you’re interested in, apply for jobs, and keep in touch with professional peers.

4. Utilize online job boards and resources: There are plenty of fantastic resources online that you can use to find and apply for great jobs. Sites like CareerBuilder, Monster, Remote.co, Indeed, and FlexJobs are useful for finding strong opportunities. You can also apply directly to jobs you’re interested in through company websites.

“Having a support system to come alongside you and help with your job search is invaluable.”

“Having a support system to come alongside you and help with your job search is invaluable.”

Moving forward in the job market

Regardless of whether you’re currently job searching or preparing to do so in the future, it’s important to understand how to move forward in the job market. It’s also important to note that, according to Atta Tarki’s report in the Harvard Business Review, it’s “still a workers’ labor market.” That means, for many job seekers, the power is still in your hands. 

Don’t lose heart if you find yourself searching for new work in the near future. Embrace new opportunities and industries, cultivate and identify transferable skills, and get ready to pivot quickly if needed. Stay flexible and adaptable to changing market conditions, and plan for the future. When you remain open to new possibilities, you’ll have that much more control over your career trajectory.



 

Meet Eric Watson of Express Employment Professionals

Meet Eric Watson of Express Employment Professionals

Meet Eric Watson of Express Employment Professionals

Key Points

  • Express Employment professionals works with 70 companies in Gwinnett and in DeKalb Counties to help them find top talent.
  • Eric has utilized the BETTER WORK portal to help job seekers streamline the application process. 

  • Workers are getting multiple jobs to cover all these expenses to sustain their quality of life amidst inflation.

A BETTER WORK Partner who helps job seekers find positions where they can thrive

Eric Watson and his wife started Express Employment Professionals almost two decades ago. They focus primarily on long-term contract staffing in manufacturing, warehousing logistics, office administration, and professional placement. Express Employment professionals works with 70 companies in Gwinnett and in DeKalb Counties to help them find top talent. 

“Once we’ve helped these companies find good people, the company will either hire them immediately as a direct hire, or they’ll attempt to hire,” Eric says.

For employees who aren’t brought in as immediate direct hires, Express Employment professionals takes them on temporarily for a 90-day period, after which they’re released and hired full-time by their respective companies.

 

Helping a diverse job seeker base find employment

Eric and his team work with a wide range of individuals, communities, and organizations to place strong job candidates with the companies that need them. They partner with nonprofits in both Gwinnett and DeKalb Counties. Some of these organizations include Goodwill, resettlement agencies in Clarkston, and Center for Pan Asian Community Services (CPACS) in Chamblee. 

Additionally, Eric works with Neighborhood Cooperative Ministries in Norcross, who ultimately referred him to BETTER WORK. Since our partnership with Eric began, he has utilized the BETTER WORK portal to help job seekers streamline the application process. 

“It’s very easy for us because BETTER WORK applicants apply on the portal,” Eric says. “We get emails periodically from folks who are interested in applying for our open positions.

“We have someone designated in my office who determines if we’ve got a position, and whether applicants match the skill set and experience there we’re looking for. Then, we schedule them for an interview, bring them in, and hopefully get them placed very quickly.”

Eric and his team provide a monthly flier highlighting the top job openings available through BETTER WORK. It’s a one-page sheet listing positions they’re trying to fill, including jobs in office administration, accounting, human resources, manufacturing, warehousing, specialty staffing, and more.

“It’s very easy for us because BETTER WORK applicants apply on the portal.”   

               Eric Watson 

 

 

Insert the same content here to work on mobile and tablet.

Common employment obstacles in Gwinnett County 

In the current environment, both employers and job seekers alike are facing a plethora of obstacles. According to Eric, Gwinnett County’s greatest employer obstacle is finding workers. 

“Our biggest challenge is finding workers who are work-ready,” he says. “There seems to be a huge shortage of folks who are available and willing to work. I think we’re very close to, if not at full, employment. It’s just very, very difficult.” 

Eric says that it’s common for workers to leave the jobs they’re placed in within days to weeks of beginning work. Company loyalty has become a thing of the past, and workers are more prone to moving from one job to another rather than staying in one place. 

“I think workers are trying to seek out the best compensation package,” Eric says. “A lot of times, that includes more benefits. On the flip side, I think employers are starting to offer more flexible work schedules to attract folks.” 

Prior to the COVID-19 pandemic, Eric says it was more difficult for workers to find flexible jobs. However, he’s observed that employers are more willing to consider flexibility these days. 

For workers, the greatest roadblock is making enough money to sustain their quality of life amidst inflation and skyrocketing prices of gas, food, and necessities. Since disposable income is dropping, Eric says workers are getting multiple jobs to cover all these expenses.

“Workers may have a primary job,” Eric says, “but then they have a secondary job after hours or on the weekends just to make ends meet.” 

Because of companies’ need for workers and workers’ need for flexibility and a stronger income, Eric says this is a workers’ market. One of his most memorable job placements was a woman from Lilburn who was looking for a company that would accommodate the schedule she needed. 

“A packaging company in Stone Mountain, about 15 minutes from her home, accommodated her on the schedule she asked for,” Eric says. “It’s not a traditional 8-to-5, Monday through Friday. She was able to work in the middle of the afternoon till the early evening hours.

“The company was able to accommodate her in order to be able to get her. She’s very happy and is working toward permanent employment.”

BETTER WORK is proud to partner with businesses and community organizations like Express Employment Professionals. This collaboration in the Georgia communities of Gwinnett County in metro Atlanta and Columbus prepares lower income populations for a better future through meaningful work and upward mobility. Businesses, nonprofits, community providers, religious institutions, and job placement agencies all come together to provide a local safety net.

Learn more about Express Employment Professionals here.

 

Gwinnett Coalition celebrates work of Gwinnett Cares effort during COVID-19 pandemic

Gwinnett Coalition celebrates work of Gwinnett Cares effort during COVID-19 pandemic

In The News

Gwinnett Coalition celebrates work of Gwinnett Cares effort during COVID-19 pandemic

Gwinnett community leaders recently came together to mark the accomplishments of the Gwinnett Cares effort during the COVID-19 pandemic.

Meanwhile, more than 10,000 people facing eviction and homelessness have been helped by HomeFirst Gwinnett and its partners, and $75 million has been spent to help more than 21,000 residents who faced the possibility of their utilities being disconnected. HomeFirst Gwinnett Director Matt Elder also highlighted the construction of 117 new affordable housing units. The Georgia Center for Opportunity’s Better Work Gwinnett program also worked to addressed unemployment, which spiked to about 15% during the pandemic but was eventually reduced to about 2.1%.

Why one woman turned down a $70K job due to the benefits cliffs

Why one woman turned down a $70K job due to the benefits cliffs

Frankie and Luisa

Why one woman turned down a $70K job due to the benefits cliffs

Key Points

  • Frankie made an unexpected choice when she turned down a $70,000 a year job opportunity while living in hotel housing.
  • Oftentimes people on safety net services make rational choices to stay on these services because the system would punish them before they have a firm place to land.
  • Frankie,  in a place of crisis, was unwilling to gamble with a stable choice despite a potentially great job opportunity.
  • Our safety net services must be reworked to address these “cliffs” and rebuilt to encourage and support the move into the workforce.

The thought of someone turning down a well-paying job to stay on welfare seems absurd. But that’s the exact scenario Frankie Johnson faced. It’s a real world example of the way benefit cliffs hurt people. Thankfully, Frankie found the BETTER WORK program and is on a new path to success.

 

An unexpected journey in life

Frankie Johnson, a Washington, D.C. native, grew up in a middle-class neighborhood and spent time serving her community. Through her community service work, she connected with many individuals who were victims of domestic violence, sexual assault, job loss, and poverty. By the time she’d reached her teens, Frankie knew she found fulfillment in working alongside others to improve their lives. 

At age 14, Frankie became pregnant with her first child, Evelyn. She gave birth just before her 15th birthday. She went on to get an internship through Job Corps, then earn her high school diploma. After graduation, she attended California College of the Arts in San Francisco, where she planned to study photography and 3D installation. 

But leaving Evelyn in Maryland with her parents while she studied in California proved to be too difficult a separation for Frankie. She moved to New York instead, which allowed her to see her daughter more often. 

At age 18, Frankie married a member of the military who was six years her senior. His deployments and resulting war-related trauma proved to be difficult on the family and the couple’s marriage. For the next six years, they lived in Texas and the Midwest before returning to Maryland. Steadily, the situation with Frankie’s husband deteriorated. 

 

It’s time to stop funding poverty.

And start finding solutions.

It’s time to stop funding poverty. And start finding solutions.

High aspirations, hidden pain

Despite the trouble at home, Frankie was a high achiever, building a career in human resources and working for firms such as Monumental Sports and the Nick Cannon Foundation. She worked as a high-end event planner, where she regularly brushed elbows with celebrities and influencers. 

When the family returned to Maryland, Frankie found herself heading up events for women who were victims of domestic violence. Meanwhile, at home, she was living in an abusive environment herself. 

“At home, I never knew what was going to become of my peace or if he was going to get triggered,” Frankie says. “I was serving in the community as a social worker. I put on events for women, took them on yacht parties, and tried to boost their self-esteem. No one knew I was suffering so much.”

Finally, the situation in Frankie’s home came to a head, and she fled to Atlanta with her children. Her uncle lived in the city, and she planned to make a fresh start there. 

But that fresh start didn’t come quickly or easily. 

 

Seeking safety in Atlanta

Without a job or a place to live, Frankie was forced to seek out government assistance and transitional housing in Gwinnett County for her family. 

“This was my first time being on the opposite side of transitional housing and understanding what the women who would talk to me [in the past] were going through,” she says. “It was strange to see the scarce resources, and to see women locked out of their hotels because the projects or community partners ran out of funding.” 

Transitional housing in hotels and apartments can cost women $500 or more per week, and according to Frankie, the living conditions are unsafe and unsanitary. Worse, residents got a chilly reception from their case workers when they raised concerns. 

“The water makes your skin itchy, and there are roaches coming up out of the sink and the drains,” Frankie says. “We were told we needed to boil our water to use it. It comes [out of the faucets] brown, and we had brown rashes on our bodies.”

While Frankie’s family was living in transitional housing, she experienced relentless prejudice, racism, and ridicule. 

“I had people come to my hotel, and ask me if I was a prostitute because my daughter said we were living in a hotel at school,” she says. “Someone from [the Department of Family and Children Services] came to my apartment and asked if I left my children [alone] at nighttime. He asked me if I was a stripper.” 

 

Forced to choose between assistance and higher income

While Frankie was waiting for available childcare and a pathway to affordable housing, she was forced to turn down a job placement that would have paid $70,000 per year. While she needed employment, she also needed the support from the government program. That was her ticket to a home she could afford, but she wouldn’t qualify if she took a new job that raised her income past eligibility requirements. 

“I never thought it would come to this,” she says. “I hadn’t prepared financially; I spent through my savings because I was waiting on childcare.” 

Frankie found herself trapped on what we call the Benefits Cliff — torn between taking steps toward a more secure future, but ultimately forced into making decisions that trapped her into long-term dependence on government benefits. Individuals and families who make over a certain amount of income per year are automatically struck from the list, and are no longer qualified for affordable housing, food support, or other government assistance. 

“They want to see your pay stubs, your bank statements. They want to make sure you’re poor,” Frankie says. “If you have a car, they want to know what kind of car you’re driving and if you have insurance. They want to make sure there’s no possible way you can work a job.”

“If there are no daycare facilities within a 30-mile radius of where you place me in my hotel and I don’t have a car to take my child a city over, I’m not going to be able to get a job,” she added. “Who’s going to watch my child all day?” 

Families in these transitional programs often find themselves stuck paying high bills while they await affordable housing. Frankie was forced to pay more than $2,000 per month for the hotel she and her children stayed in. Financially, staying put made no sense, but Frankie held on in hopes that affordable housing would come through. 

Leaving transitional housing puts parents at risk of losing their children to CPS, particularly if they’re perceived as living out of their vehicle. On the other hand, getting a higher-paying job disqualifies them from further government and charitable support. 

“It’s like a loophole to keep you destitute,” Frankie says. 

 

Dreams for a brighter future 

After three months in transitional housing, Frankie was able to connect with BETTER WORK Gwinnett. Her case worker, Luisa, formed a close connection with her, encouraging her and checking in on her as she prepared for a fresh start. 

“We lost our jobs during the pandemic,” Frankie says, “and that was the time when we needed encouragement and to find our way again — laugh again. Ms. Lusia provided a lot of that. She called me every day just to check on me.”  

After experiencing the frustration, humiliation, and helplessness of transitional housing herself — including witnessing another mother abandon her children when her time at the hotel was up — Frankie wants to help other women in similar circumstances. She hopes to go to law school to provide legal aid to other families who have suffered at the mercy of the system. 

“We need to get them their GEDs and diplomas. Start them off as home health aides, CPAs, LPNs, RNs, physician’s assistants, or doctors,” Frankie says, “But no one’s willing to help. They just want to enable their programs to get money for housing us. After that, you’re out on the street like a dog.”  

As for Frankie, she’s working with Luisa to get back into the human resources field, and considering a move to a more affordable city in south Alabama. 

“I’m not going to sit and wait for anyone to take care of me,” she says. “For the women who don’t have options, I’m going to school to fight for them.”