Resources

3 Ways to Stay Current with the Job Market

Job security, high salary, and stable responsibility. Perhaps you have been in the same job for a long time and are satisfied with it. What else are you looking for? However, the truth is, staying up-to-date with the current job market is essential, even when you are perfectly happy with your current job. Either you are coming out as a fresh-graduate or as an experienced professional, it is imperative to always stay up-to-date with the latest job market developments.

One of the most important reason on why you should stay up-to-date with the job market is to prepared for the worst case scenario. For example, no matter how much you excel in your job role and love your current position, there are unfortunate chances of your company’s financial situation facing an unexpected downturn that can force you to leave.

Sometimes, reality bites. If such case happens all out of a sudden, you will be left unsettled as you have no idea what lies ahead on your career path. That is why you should always be prepared for uncertain times, this could mean stepping out of your comfort zone. Do not limit your efforts towards learning new knowledge and upgrading information, just because you have settled in a particular job.

Another good reason to always stay updated with the job market is due to job transition. Younger talents with unique competencies out of grad schools are joining the workforce, to raise the competition bar even higher. So, if you continue to stay stagnated in your job role without feeling the willingness to move forward, then you will be left behind those new talents. Hence, you should keep growing your competencies and upgrading skills to meet future business requirements and change in job role demands.

Here are three powerful tips to stay up-to-date with the current job market:

Subscribe for a website related to your expertise

In any profession, staying abreast of the latest information and broadcasts is a must. Nowadays, there are myriad websites on the internet dedicated for various fields and expertise. From food, fashion, photography, technology, to human resources, all you can find easily at the tip of your finger.

One of the easy yet effective way to stay updated with the industry is by subscribing to newsletters and mailing lists from websites related to your expertise. Register your email for the website’s regular bulletin and you can get access to a great amount of statistics and data in the industry. These will be beneficial to enrich your knowledge to remain competitive in the business.

Learn new skills

Personal growth and development is not only crucial for staying updated with the job market, but also vital to stay competitive amidst newer and younger professionals. In this globalised era, there is nothing like a ‘secured job.’ If you do not update your skillsets to meet the latest trend, chances are, your manager will update their human capital requirements by replacing you with younger talents instead. Hence, upgrading your proficiency is highly imperative.

There are various methods you can learn new skills without interrupting your productive working hours. For instance, you can join a training course conducted during weekends, or register for a webinar on the topics you are interested in. While you might need to invest some money into it, this will impact your productivity and efficiency at work.

Join networking groups

Networking is the key to success in any industry. For a start, you should find and join local networking groups related to your expertise. By attending these groups, you will stay up-to-date with prospective opportunities within the industry.

Being involved in a networking group also gives you greater insight, on what is going on in the business and how you should respond to the situation. Make good friends with people who work for the same industry in different job roles. This will help you when a problem arises, as they will provide advice and lend helping hand to resolve the issue.

Next read: Being Busy vs. Being Productive: What's the Difference?