"Our plans misscarry because they have no aim. When a man does not know what harbor he is making for, no wind is the right wind."

World of Work Statistics

  • Nearly 1 in 5 (or 18%) of all American workers was laid off from his/her job during the last three years.
  • More than half (56%) of all workers and their family members have been laid off at least once in their lifetimes.
  • The majority of these workers receive little or no advanced notice, severance pay or career counseling from their employers.
  • Worker confidence in the American economy and workplace has plunged to record low levels.
  • White-collar unemployment rate has doubled in the last 3 years.
  • 20% of long-term unemployed (over 6 months) are executive, professional or managerial workers.
  • 23% of workers were unemployed for six months to a year, with many remaining unemployed more than one year.
  • Open positions are now often filled with lower cost, less experienced candidates.
  • Tremendous growth of contingency or "temporary work force."
  • Continued company growth in "outsourcing" jobs and job functions.
  • Short- and long-term impact of a potential American "jobless economic recovery."
  • Offshore outsourcing has eliminated many US based jobs.
  • Job growth is limited to the lower-paid service, retail, hospitality, health care and education sectors.
  • Corporations focusing on short-term results and just-in-time staffing rather than investing in innovation, research and product or employee development.
  • Continued trend of organization's shifting health/medical/benefits costs and responsibility for career planning and training to the employee.

At this point it is clear that we are in the midst of seismic structural changes in the world of work. The very nature of jobs is changing – and we will not go back to the way it was. Continued technological development, global competition, business focus on cost reduction, organizational mergers, and a workforce in transition will continue to reshape the landscape of our work world and careers.

The development of self-awareness, life-long learning strategies, transferable skills and a flexible approach to your career can help you navigate a changed world of work. The Career Management System can provide you with the tools you need to navigate successfully!