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15 Reasons Professionals (Ages 18-25) MUST Invest in Their Careers NOW

December 10, 2009 by sparktalk 

By CAREEREALISM Founder, J.T. O’Donnell

I saw this video on CNNMoney.com of college seniors being interviewed about their future plans after graduation this spring: http://money.cnn.com/video/news/2009/12/04/n_cmr_class_2010-jobs.cnnmoney/.

YIKES!

Students are on their own when it comes to finding a job – and it’s not pretty. I think the worst part is to see most of them believe the answer is to just stay in school and spend even more money on an advanced degree. I wish they could talk with all the unemployed MBAs out there right now who are knee-deep in loan debt.

Reality-check for College Students & Recent Grads

How you look for work, as well as how you find work you love has changed deeply in the last 20 years. And yet, college teaches you everything EXCEPT how to get the job. That being said, there are two ways you can attempt to learn what you need to in order to take control of your future.

1)   You can try figuring it out for yourself. Unfortunately, most students opt for this, get too busy at school, and end up putting it off until they graduate. They return home, unemployed and hundreds of miles from their campus career center.

2)   You can invest in a program that can help you get organized and focus on the right things to do to identify a career path and land a job.

Let’s face it, the latter option is going to help you more and is much faster.

And still, if that doesn’t convince you…

Here are 15 reasons why you should invest in your career early:

  • 23%. How much a college education has gone up in the last 10 years.
  • 11%. How much the starting salaries of college grads have gone down in the last 10 years. (FYI – In 1985, the average starting salary for a college grad was $40,300. In 2008, the average starting salary was only $39,000 and it continues to drop in this recession.)
  • Less than 50%. The number of students who ever see the financial return on their investment in an advanced degree (i.e. Masters, MBA).
  • 70M+. The number of Baby Boomers (people in their 50s-60’s) in America who are ‘retirement-ready, but under-funded’ and thus will stay in the job market, holding back the entry of new grads to the workplace.
  • 90%+. The number of young people today who plan to go to college because they feel they have to in order to get a job. Most DON’T know why they should go or what they should study!
  • $100K+. The minimum you can plan to spend on a college education from top private or state university.
  • Less than 30%. The number of students who actually work in a professional setting while they are in high school or college in order to gain professional skills they can use when they graduate.
  • 25 years old. The average age before a college grad can finally afford to move out of their parent’s house and live on their own. (They are called Boomerang Kids and K.I.P.P.E.R.S – Kids In Parents Pockets Eating Retirement Savings.)
  • 80%+. The percentage of jobs people get by networking. Most people don’t know A) how to create and leverage a network effectively, and B) feel uncomfortable doing it.
  • Less than 20%. That’s how many 2009 college grads had jobs when they graduated last year.
  • 6:1 ratio. There are 6 job seekers for every job out there right now.
  • 18 months. The average time a young person spends in a job in America . The reality is EVERY job is temporary for young professionals.
  • 9 careers with an average of 3 jobs in each one. That’s what today’s college grad can expect over the lifetime of their career. Can you imagine looking for a job 27 times!?
  • 5 years. The amount of time it’s going to take for us to recoup the jobs we’ve lost from this recession. This does NOT include the additional number of jobs we need for all the college grads in that time.
  • 10 years. That’s how long it’s going to take for us to fully recover from this recession: http://money.cnn.com/video/news/2009/12/07/n_cmr_slow_recovery.cnnmoney/.

Don’t Shoot the Messenger – Instead, Get in the Game!

You’ve spent all this time and money on an education in hopes of making a great future for yourself. Don’t throw away that investment by not going the extra 10% it will take to make you stand out and get hired. The fact is, plenty of people will read this post and opt not to do anything. That’s okay, because it leaves those who do take action the chance to get ahead of their peers.

FYI – Corporate America is Watching YOU

When the economy finally recovers, young professionals who used their time wisely during the recession will be offered better jobs with higher pay. How do I know? I graduated in the last recession (watch this video to hear what happened to me) and know those who work a career plan now will reap the rewards later. In fact, that’s why I created a first-of-its-kind program to help you create your plan.

However, CAREEREALISM Club is not just a program, it’s a movement. It’s for people who don’t want to complain about the situation, they want to solve it. Joining our program says a lot about you to employers. You’ll be able to add it to your resume and use it as a discussion point in cover letters and interviews. Think about it. Nothing says, “I’m resourceful, smart and proactive,” more than you investing in finding out how to manage your career. Actions speak louder than words.

If you are interested in joining our program, CLICK HERE. It includes a 30-day money back guarantee.

PS – This is More Than a Career Tool…It’s a Chance to Help Change the Future for Your Generation

Better still, if you want to become part of our efforts to change the future of 1,000’s of students, e-mail us at club@careerealism.com to learn more about our Spring 2010 Internship Program.

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Comments

  • As a 23-year-old I consider myself industrious for finding a job during my last semester at art college in Baltimore. Surprise--the job is not in the arts, and none of my classes in college prepared me for being a full-time outdoor educator and ropes course facilitator.

    Instead, my last two summer jobs prepared me, as well as a wilderness medical certification during my last spring break of college. If I hadn't spent every Thursday afternoon (my senior thesis day) on the career hunt, I never would have found my position, and they never would have found me. I chose to do an in-person interview 4-hours away (rented a car), and got my job offer after 4 interviews and the day after commencement. I ultimately consider my certification and willingness to learn as my biggest assets in getting the offer.

    Nineteen months in, I don't regret my art school experience (I knew I wanted to go to art school, and never once changed my major), keep in close touch with my career center (they are learning just as much as me as I pursue careers outside of the arts, and are great resources for mock interviews and career planning), and constantly work on my professional development by attending conferences and stepping outside of my comfort zone.

    Good luck to my fellow graduates. Stay strong, be confident, and when the fit is right, you'll know it.
  • Thanks so much for sharing your story Elle - it is an excellent example of why we can't assume a college degree is the golden ticket to a job. I think your positive attitude and resourcefulness are two big reasons why you have managed to find work - and will certainly continue to find work. Congrats to you for not letting the recession and the reality of today's workplace get the best of you!

    I wish you the best and hope you will come back and comment again soon!
  • Exceptional article. All too true in this exciting new working world!
  • Thank you, Barry!
  • Josh Neal
    90%+. The number of young people today who plan to go to college because they feel they have to in order to get a job. Most DON’T know why they should go or what they should study!

    That’s what I did! I felt I HAD to go to college to get a decent paying job and not work manual labor for minimum wage! So I went and walked through the motions of college hoping a class would interest me leaning me towards a major. I didn’t declare a major until my junior year and by this time I was running out of time and money. So I picked a major that was interesting to me, but not necessarily the right fit for me. I learned many useful life tools in my major and found most of the classes very interesting, but still something was missing!

    $100K+. The minimum you can plan to spend on a college education from top private or state university.

    So now I’m around $140,000 in college loan debt. I’m taking classes to be a personal trainer at The American Academy of Personal Training in Boston, working a front desk job at a gym for $8.00 an hour, and living in Boston having the time of my life! So was college worth it?

    Less than 20%. That’s how many 2009 college grads had jobs when they graduated last year.

    I graduated in May 2009 and didn’t have a job! I went back to my summer job where I had been working since I was 15, moved back in with my parents, and started the job search, which did NOT go well! So I decided to pack up my belongings, move to Boston with two of my college buddies, follow my passion for health and fitness, and become a personal trainer. So still I ask, was college even worth it?
  • Hi Josh,

    Thank you for sharing your story. I guarantee many readers of this have experienced something very similar. You are not alone!

    Will it be worth it for you? In terms of lessons learned and friends made - yes. But, will the financial investment be worth it? Only time will tell.

    I am hoping that future generations will not have to pay so much for a degree that doesn't provide them with what they need to compete in the working world. Not all schools are the same, and each student has a different experience at that school. However...

    I do think it's time colleges recognize their added responsibility to build career discovery and planning coursework into their degree programs. Many would argue they spend incredible amounts of money on their career center services, and I'm sure they do. But, I would say they are throwing money at a model that is no longer effective. Times have changed - their strategy for serving their students (a.k.a. their customers!) needs to change too. Otherwise...

    I think universities are going to pay the price in lost donations from alumni. I talk to grads every day who swear they will NEVER give a dime to their university. This sentiment is going to take its toll on those universities who don't figure out how to bring in the right outside resources to help students get what they really need.

    In the meantime, we'll continue to focus on tools and resources here at CAREEREALISM.com to help bridge the knowledge gap for young professionals like yourself. I'm glad you found us and hope you'll come back and share more often!
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