What Are 4 Reasons You Might Want to Start a Job Search in a Recession?

Job search in a recession

Are you worried about your job right now?

The COVID-19 pandemic has been causing devastating changes in almost every industry. Millions of people have lost their jobs, or are afraid layoffs will be coming soon. Unemployment has been at the highest level since the Great Depression in the 1930s, and it may stay that way for the near future.

But what’s surprising is that countless companies continue to hire, despite the crisis. The reason you don’t hear about this is that it’s not front-page news.

Keep in mind that, with so many people out of work, competition for jobs is going to be fiercer than ever. So, you’re going to need an effective strategy on what you want to say in an interview!

Here are some reasons why you might want to search for a new job during a recession:

Family situations

One reason you might be looking for a new job is that you need to relocate to take care of your elderly parents or other family members. That is entirely understandable, so if asked about your reasons in an interview, be honest. That said, you don’t need to get into too many details, such as if your father had a major stroke. Instead, keep it general.

Your current employer

To build a successful career, everyone should be thinking about the future. What do you think about the health of your current company, both now and looking forward? For example, any company in the retail industry needs to have a smart strategy to counter Amazon. Within the company, is your job pretty safe, or is it vulnerable? Are lots of people jumping ship?


Job vs Career workbook

Your future opportunities at your company might be limited

Some companies encourage promotion from within to keep excellent employees. Sometimes, however, that is not possible, especially if a company needs to reorganize to stay viable. If you feel your opportunities to advance in your current job are limited, that’s a good reason to leave. Be proactive about your own career path!

Declining industries

Some industries are thriving while others are in trouble. If you are currently in one that is threatened by current events, you might want to research to find a more stable industry. For example, the airlines will have a hard time recovering from the impact of COVID-19 any time soon.

For your next interview

Don’t be surprised if you are asked why you are looking for a new job in an interview. It is a legitimate question. Be very clear and strategic in your answers, and focus on why they should hire you instead of someone else.

Right now, we’re facing a double threat of an economic recession and a health crisis. That’s a recipe for uncertainty, but it doesn’t mean there aren’t opportunities out there. If you want to move forward in your career during a recession, you need to make some job search plans. And that’s precisely where I can help! Feel free to visit my website to book a free consultation, and we can get started talking about how I can help you land the job of your dreams, recession or not!