Minnesota's unemployment rate continues to hover around 7 percent. Some companies are hiring, but others are laying off workers. The truth is we're all at risk for job-loss.
The best time to get ready for a layoff is while you're still employed. Or as well-known author and business executive Harvey McKay says, "Dig your well before you're thirsty."
Denise Felder, editor at MnCareers, urges people to think in terms of their career, not just the job they have now. "For example, think of yourself as a financial professional, not just an accountant at company X," she said. That means developing long-term goals for career development and advancement.
Update your résumé
Career counselors recommend updating your résumé every six months or whenever you finish a major project. Felder also recommended keeping a "master résumé" that lists every job you've ever had, as well as all volunteer work and committee service, dates, salary information, and the names and addresses of managers.
"The master résumé is a reference document," Felder explained. "You can cut and paste pertinent information into an updated résumé whenever you apply for a job."
Build your network
Start by joining a professional organization in your field. Attend meetings regularly, and volunteer for committees and leadership roles.
"If you do lose your job, people are likely to pass on information about job openings," said career counselor Heather Isaacs.
Give your career a boost through social networking. "You can use LinkedIn to build, manage and expand your network," said Mike Powers, director of the Dislocated Worker Program for Minnesota Job Partners.