How to Hire—and Get Hired—in a Recession

From Business Week, April 14, 2009...

Unemployment in the U.S. is going to race past 10% in the coming months and probably peak at 11% or 12%, according to the smart folks with whom I'm privileged enough to spend some time. There's an outside chance (call it 20%) that we might have a "disastrous event" that causes it to hit 15% to 20%. Sounds impossible, I know, but there are many regions in the U.S. already in the mid-teens.

. . .

If you're looking for a job, you want to send out as many signals as possible that show that not only are you not afraid of hard work, but you're actually turned on by it. You must understand that, right now, there are too many candidates fighting for each position. The leverage that led to bidding wars between employers two to three years ago is gone—just like the bidding wars over houses are over.

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