Ask anyone who’s trying to sell a home today and they’ll tell you the housing market stinks. Home values keep falling, and buyers are only offering low-ball offers. Part of the reason for the nation’s dismal housing market? Not enough young people know the right job search strategies.
Because so many young adults don’t know how to find jobs, a growing number of them are living in their parents’ homes long after they graduate from college. And if they’re living in their parents’ basements, these young people aren’t out there buying their own homes.
Because demand for homes, then, is lower than it should be, the median home values of residential properties across the country stubbornly refuse to rise – something that is acting as a real drag on the country’s sluggish economic recovery.
Too Many Young Adults out of Work
Consider a recent story by the Washington Post. The story cites numbers from the Pew Research Center that show that more than one in five adults from the ages of 25 through 34 are still living with their parents. For some perspective, that’s the highest this figure has been since the 1950s, according to the Research Center.
The Post story says that there are more than 2 million fewer occupied homes today than there would have been had U.S. residents continued moving into homes and apartments at the rates they did before the recession hit.
Struggling to Find a New Job?
So if you are struggling to find a new job, and you’re not buying a home because of it, you’re one of the reasons why today’s economic recovery has been such a painfully slow one.
Fortunately, you can find that new job and move out of your parents’ home by following just a few strategies. First, don’t rely on the newspaper classifieds or online job boards to land a new job. Instead, brush up on your networking skills. Tell everyone you know that you’re looking for a job. You never know which of your family members, business contacts, or friends will know someone who’s hiring or a company that’s expanding its roster of employees.
The Power of Social Media
Secondly, turn to social media sites such as Facebook, Twitter, and LinkedIn to boost your networking efforts. Tell your contacts that you’re looking for work. Tell them what you can do and what you can offer to new employers. Again, you might find someone among your contacts who knows of the perfect job for you.
Knowing the right job search strategies can help you find that ideal job this year. And if you need help with networking, mastering social media sites, creating a strong resume, and answering the most challenging of interview questions, sign up for our Get Hired Bootcamp today. Your perfect job is waiting for you; you just need to find it.