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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> jobseeker competition principle

The Job Seeker Competition Principle

Posted by Darin Manis on Nov 30, 2009

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The Competition Principle is a formal title I gave to what I believe to be a fundamental truth. The Competition Principle simply states, “There are others more qualified or talented than you who want what you want.” To make this principle specific to jobseekers I have defined the tenet as the Jobseeker Competition Principle. The Jobseeker Competition Principle states: “There are others more qualified or talented than you who want the same job you want.

The Underemployment Rate Significance is Undervalued

Posted by Darin Manis on Oct 05, 2009

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The official unemployment rate is now at the highest it’s been in 26 years at 9.7% (and seems to be closing in on 10% fast). The good news? The pace of job losses slowed just a little bit. So little however that I am finding few optimists that believe unemployment will begin to turnaround until mid 2010.

Unfortunately the official unemployment rate only tells part of the story. There are actually two unemployment rates: The official unemployment rate (U3) and the true unemployment rate (U6) also known as the underemployment rate.

Smoking Hot, NOT!

Posted by Darin Manis on Jul 13, 2008

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I smoked either multiple cigars or cigarettes for just over 7,300 consecutive days. Quitting was easily the hardest thing I have ever done. Even now, almost 1,000 days later, I can't believe I don't smoke anymore. I will let the doctors and other experts speak as to why you shouldn't smoke for health reasons. But, if you are a smoker you already know it's bad for your health, you don't need to hear that again. Rather, I will try to reaffirm what you already know anyway: smoking is bad for your career. Yes, I said it.