Posts tagged with: college

Live in Ridgewood, N.J.? You might be out of work

Ridgewood, N.J., recently won a dubious honor from BusinessWeek. The magazine predicted that the town would be one of those that would see the most suffering because of the country’s financial collapse.

Ridgewood is located about 25 north of New York City, and is home to many people who made their living on Wall Street as bankers, brokers, financial consultants and other money-related jobs. Today, according to an NPR story, the town is suffering. That’s because one in six residents works in finance or real estate.

This is a tough time to make a go of it in either of these fields. Both are shrinking.

Of course, if you’re good enough at something, and you work hard enough at it, the odds are good that you will do well, even if you happen to be working in what others would consider a dying field.

In Ridgewood, though, I’m sure there are a lot of folks who wish they hadn’t gotten those finance degrees right now. Of course, there are a whole lot of people across the country staring at their own college degrees and wondering why they can’t find a job.

Laid off? Maybe it’s time to go back to school

In March alone, U.S. employers cut 663,000 jobs. That’s a lot of laid-off and fired workers.

And finding a new job? That’s a huge challenge today. The nation’s unemployment rate, after all, has shot up to a staggering 8.5 percent.

Maybe this is why many laid-off workers have decided to go back to school rather than test the job market. A story in the USA Today says that a growing number of unemployed workers are heading back to school to learn new careers.

Maybe this isn’t surprising. After all, Pres. Barack Obama’s federal stimulus bill includes $1.7 billion for adult employment servies. This includes training services.

The good news in the USA Today story, is that many colleges and community colleges are now tailoring many of their programs to attract adult students who’ve already held one career.

This is a new working world. Those people who want to navigate it successfully know that they must take sometimes dramatic steps, such as learning a whole new career.

Taking a break between high school and college, the wise choice?

A growing number of high school students are electing to take a break between the end of their high school years and the beginning of their college ones.

After all, why rush into adulthood too soon? A break between high school and college can allow students the chance to explore something they might otherwise never have the chance to tackle.

This story in the Wall Street Journal, highlights one high-acheiving student who took a year off and interned at a global health-centered nonprofit agency. The student will also live with a host family in Shanghai this spring.

This move is a good one for some students, especially those motivated enough to continue on to college after their year off.