06Jun

The last year has brought immense changes to the global economy, job market, and education systems with most going virtual. Students, especially college students, have had to adapt to a completely new way of learning.

Higher education is an indispensable opportunity for students to gain the skills and education they need to prepare for their dream careers. Microsoft, along with LinkedIn, is committed to a goal of helping 25 million job seekers globally gain the skills they need to land a job in this new economy. Now, they’re taking that same focus to higher education students with a new tool called Career Coach in Microsoft Teams for Education.

At Green Key Resources we’re big fans of Microsoft Teams, having spent most of our time on Teams over the last year working remotely. Pair that with the fact that we spend our days helping people achieve their career dreams, it’s no surprise that we were thrilled to discover this new tool.

Graduating from college and starting your career is a challenging and exciting time. Career Coach empowers students by providing personalized guidance and resources to navigate their career journey, thereby preparing them for the transition from student to working professional.

Eleanor Donoghue, Head of Career Services at University College Cork said in Microsoft’s blog post announcement, “Career Coach is embracing innovation and technological change, enhancing skills to enable our students to be resilient, innovative, and globally connected—capable of coping with technological and other transformational changes ahead for the future of work. Students can learn at their own pace, in their own time and be supported on their bespoke career development pathway.”

It’s never too early to start setting career goals. Career Coach helps higher education students. From the first day at their university, all the way to their graduation Career Coach can guide them. Just like LinkedIn, students set up a profile to acknowledge their current skills. They can highlight their coursework, job experiences, and identify skills to develop in their college career.

With its connection to LinkedIn, students can connect with alumni, recruiters, peers, and faculty to start networking early and show off their achievements, a practice that is often uncomfortable to adapt once you’re well into your career.

Having action items and a focused approach to addressing your career goals is a great practice, no matter where you’re at in your career. Career Coach allows students to turn abstract aspirations into actionable, personalized steps to help them gain real-world skills, all while tracking their progress along their desired career path.

This type of innovation makes us hopeful that the next few years of college graduates will feel confident as they enter the workforce, despite a rather untraditional education they’ve experienced in the last year.

How do you track your career goals? What skills do you wish you had learned before entering the workforce? Any advice for new graduates? Share your thoughts with us on our LinkedIn, Facebook, or Twitter!

Photo by Avel Chuklanov on Unsplash

Jun 6, 2023

Honor Martin Luther King, Jr. with a ‘Day On’

Today we honor the memory of civil rights leader Martin Luther King, Jr. Schools, financial markets, banks, government and many businesses will be closed. But, unlike in years past, because of COVID the nation will celebrate quietly. Parades and gatherings have been canceled with observances moved online.

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What hasn’t changed is the spirit of the day. MLK Day is the only federal holiday designated as a national day of service. It should be a “Day on, not a day off,” says AmeriCorps, which has led the day’s volunteer efforts since Congress first adopted the holiday.

Though in-person volunteer efforts are limited, AmeriCorps has dozens of COVID-safe suggestions for individuals, groups, businesses, and organizations. There’s also a search to find volunteer opportunities near where you are.

The work doesn’t have to be done today. But it can start today.

Photo by History in HD

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Jun 6, 2023

Optimism Growing for an Improving Job Market

Optimism is growing that the worst of the pandemic business retrenchment is over and that job growth may be just around the corner.

The Conference Board last week said its Employment Trends Index increased in January for the ninth consecutive month.

At the same time, Chief Executive released its latest poll of chief executive officers showing their confidence in future business conditions continues to grow. It is now where it was in February last year, just before the global business shutdown. Out of a possible 10 points, the 300+ CEOs scored their optimism about business conditions in the coming months at 7.1, a 2-year high.

In addition, Chief Executive reported that “A growing number of business leaders now forecast growth in revenues and capital expenditures as well. Meanwhile, they rated their confidence in current business conditions ‘good,’ at 6.2 out of 10.”

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The Conference Board’s Employment Index and its Leading Economic Index, released late last month, are both on an upswing, if a slow and uneven one. The LEI increased by 0.3% in December after improving by a more robust 0.9% in October and 0.7% in November.

“The US LEI’s slowing pace of increase in December suggests that US economic growth continues to moderate in the first quarter of 2021,” said Ataman Ozyildirim, senior director of economic research at The Conference Board.”Improvements in the US LEI were very broad-based among the leading indicators, except for rising initial claims for unemployment insurance and a mixed consumer outlook on business and economic conditions.”

The improvement in the Employment Trends Index has been far steadier and quicker. The index came in at 99.27 in January, a small .72 point improvement over December but a significant improvement from last spring when the index was just over 70. Still, the index is 10% lower than it was a year ago.

The Employment Trends Index is a leading composite index for employment, meaning it is an early indicator pointing to future job growth. “Turning points in the index indicate that a turning point in employment is about to occur in the coming months,” says The Conference Board. “The Employment Trends Index aggregates eight leading indicators of employment, each of which has proven accurate in its own area.”

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One of these, the number of workers employed by the staffing industry, has been a primary driver of improvement in the index, says Gad Levanon, head of The Conference Board Labor Markets Institute. “The Employment Trends Index has been increasing in recent months, with the largest contributing component being the number of jobs in the temporary help industry.”

According to data from the Bureau of Labor Statistics, there were 2.95 million workers employed by the staffing industry at the beginning of 2020. Following the government ordered COVID shutdown, the number dropped to 1.95 million in April. Now, the latest BLS report says the staffing industry employed 2.7 million in January.

Though Levanon cautions we should expect some uncertainty around job growth due to the risk of the emerging COVID variants, by spring he says, “We expect strong job growth to resume and continue throughout the remainder of the year.”

Photo by Corey Agopian on Unsplash

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