In the recent run, the number of part time job vacancies across the world has been on the rise. Newspapers and websites are now being filled up with job advertisements looking for part timers.
And while this may sound like a good thing, it’s an indication of a worsening economic condition as more and more countries are slipping into recession.
In the US, the number of part time workers jumped by 10 folds in the last 4 months, while the unemployment rate continues to rise.
Consider yourself a former procurement officer recently laid off by your company. After a fruitless 7 months of job search, you made a conclusion that the time is not right for you to be choosy. In the end, you started applying for part time jobs, and eventually landed one. The job is a part time cashier in a petrol service station.
The job probably stays with you for half a year. Similar scenario might be shared by thousand others as the world is bracing with a difficult time.
Employers are also facing a dilemma in this turbulent time. A business must run. And to run a business, resources, including money and human capital are needed. The problem is, money is tight. To employ people on full time basis may not be a good idea today as in the case of business winding up, more money will be needed to compensate people. Hence, employing people on part time basis becomes the solution.
As a job seeker, what do I do?
There is not much option here (unless your parents are the wealthy lot) except not to be too choosy when it comes to finding and accepting jobs. Take whatever option which is sensible to you at the moment, even if it is a part time job. At the same time, never stop to continue looking for other opportunities until the right one comes by.