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Topic : The paradox of jobs and joblessness
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Tech World |

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Started by : Darshana Sawant, HR Manager, Leading IT services company   10 14 2010 12:01:50 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : Talent Management(People Management)
Activity:  75 views;  last activity : 03 08 2011 18:48:02 +0000

The winners of this year’s Nobel prize in economics, Peter Diamond, Dale Mortensen, and Christopher Pissarides, have worked in an area of great concern in today’s world.  To put in layman’s language, they have tried to find out why there is high unemployment even when job openings may abound in an economy (or why some products have more buyers and others less).

The answer lies in what economists call “search friction” and “optimal choices". Friction means the gaps in information available to the job seeker about possible openings; simultaneously, companies seeking staff may not know enough about potential employees.  But, here criteria's for a job seeker is all the more important in this theory of theirs which is making the joblessness and unemployment a difficult nut to crack. So, according to you what are the prime criteria's for a job seeker??

 
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1 2 3 4 5
1 The best job available
2 Job matches your skill & experience
3 Designation or position
4 career
5 JOB KNOWLEDGE AND EXPERIENCE
6 K R Bala
7 Sound Knowledge, Perfect resume, Specific Job search, Good Contacts
8 instead of searching for best job , make urself the best for the job that you do by following
9 Job matches your skill & experience
10 ideolgy
11 Mixture of Everything.
12 Skills and willing power
13 personal inborn skills
14 Good network
15 Probably compensation

The best job available

idea posted by Darshana Sawant HR Manager, Leading IT services company

Even as a job-seeker looks at potential jobs, one might still hold out in the hope of getting something better. How long he or she holds out depends on many factors, but when the costs of holding out are higher than can be borne, typically, the job-seeker picks up the best (or only) job available. And according to me this is one such criteria for a job seeker....

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by Rathin Deb, Freelance Retail Consultant  | 10 29 2010 14:54:55 +0000

All job seekers have one criteria in common which is to get the best one and dont mind waiting till he or she can.

Once not in a position to hold on will accept whatever available and unfortunately in long run become job hoppers, which is not good for him or her.

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The framework applied by the Nobel laureates helps to explain why job openings are not filled adequately even though there are enough job seekers in the market. The prime criteria for a job seeker in an ideal environment will be to have complete knowledge of the existing job market which meets his competency skill level and other appropriate factors.

This will enable him to apply for a job opening of his choice and he is also able to expect a reasonable response for his application. However, in the real world, there are many factors that impede this ideal activity.

The job openings that are listed generally do not give the complete details of the exact activity required to be done. Many things are assumed and it is expected that the candidate who applies to the job opening already has the assumed skill level and only the listed skill level is tested as per the job description. Additionally, the candidate is not in a position to know where all the openings are available. Hence, he applies to a job opening and if he is selected, he generally hopes to accept it due to various constraints unless he has multiple offers that gives him a choice to select the best optimal option.

Hence, the prime criteria should be to focus on a high level of networking to ensure that the job seeker has an initial access to all the available openings. He should also be simultaneously updating his skills and competencies to match the existing available openings. This implies that he will be able to maximize his probability of getting the correct and matching job role as per his competency and skills (assuming all other factors are unbiased)...... 

Thanks for the referral, Darshana....

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Getting a job which matches your skill & eperience is easy, parallely the companies also looks for the people who is having matching skill or they look for the people who are from similar type of industries.

Reason is companies start getting output from the very first day, no special trainning is required.

But the companies having strong systems they can adopt easily a person from different industries, skill requirement criteria will get changed in this case.

My point of view is the person should go for the best job available, the major benifit is it's the best job other benifit is you will get different exposure, no doubt it may require more hardwork but ultimately it will give you more satisfaction, more growth, more knowledge, more options. 

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Job matches your skill & experience

idea posted by KALIYAMOORTHY Oil & Gas Area Coordinator, Undisclosed

Instead of looking for jobs that carries a good package, job seeker needs to look for jobs that match, exactly or more closely, to his skill / experience or the educational qualification. Match your skill with the criteria that one look for, will certainly, yield a good working environment also.

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For a job seeker priority should be the that matches his skill and knowledge.He will be more comfortable if he would be given chance to work in the field in which he is skilled.He can show his caliber there and can give 100% 

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i think ones educational qualification,skills,and the job seeking criteria help to fint out a good job suitable for him/her but for the experience, one shuold not try to find a job having heavy and attrective pakeges apart from that he/she grab the oppertunity that a giving by a comany coz there is a lot of unemployes in this globle world looking for job or money.  

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by Pranab Banerjee, Sr.Sales Officer, L & T EBG(ESP)  | 10 15 2010 02:48:11 +0000

best & perfect idea Mr.Kaliyamoorthy

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Designation or position

idea posted by Mohammad Bakhsh Project Leader/Managing Consultant, Freelancer

When we are debating prime criteria,it suggests that the job seeker equipped with experienced and expertise hope of best placement and designation.The best placement will automatically bring about handsome package as well.

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idea posted by Shashi Kumar U Manager accounts & commercial, Mazda Concrete Products Pvt Ltd
Job seeker first of all should have in mind the career goal he or she have and take up such jobs that help them to achieve that goal.
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by s.baalu , Consultant, XYZ LTD  | 10 25 2010 13:20:40 +0000

Job seeker should ideally seek a job which provides ample opportunities for career growth where he or she can anchor and grow with the organisation.

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JOB KNOWLEDGE AND EXPERIENCE

idea posted by rosemary Chief Coordinator, Sewa Gram Mahila Haat

Job knowledge and experience is very much required for working in any post.  Besides if the person is qualified with little experience & sincere,  I am sure he or she can pick up the job and be  a successful person.  Exceptions are always there.

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I’d say that knowledge, experience & skills are highly important. Without proper knowledge, experience & skills, a person can’t go far in their career and/ or they don’t add much value to the company. As Rosemary stated “exceptions are always there” & there are exceptions to many rules. Only sometimes times there are exceptions to every rule. Sometimes one will out weigh the other, such as a persons’ experience may be stronger than their skills or vice versa.

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The Clerical Business Solutions Company provides business consulting services. Specializing in strategic planning, business development & management

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K R Bala

idea posted by KR BALA Providing HR Services, Independent HR Consultant
Money,Growth,Work culture and Security are perhaps the generally accepted criteria's for a job seeker.The order of importance though may differ person to person.
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Sound Knowledge, Perfect resume, Specific Job search, Good Contacts

idea posted by Chandra shekhar Technical Writer/Quality Assurance, CMMI 3 Software Company, Hyderabad

The above are the essential criteria for any job seeker...

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instead of searching for best job , make urself the best for the job that you do by following

idea posted by swami sushantha volunteer, then kailaya bhakthi iyakkam

willing to learn , updating the learnings in every possible way, applying what we learning through sharing, doing with 100 % involvement, willing to experiment, sincerity and truthful to the role, care for human values will definitely make sound impact in the environment that you entering

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Job matches your skill & experience

idea posted by hitesh pandey B.Tech/B.E. student, govt engineering college
The best job available is the one the matches your area of expertise and the one which comes in way and fold's your profile and make you hush in the walk
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ideolgy

idea posted by Ajayi Oladapo Information Systems(MIS)-Manager, dapkor international
employee needs contribute to the organisation with his skills
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Mixture of Everything.

idea posted by JOGINDER SINGH CHANDNANI CSS (Customer Service Specialist), Infiniti Retail

Hey Darshana. How’re you doing?

I am a Job Seeker, if anybody is looking for a talented person for Management Trainee with Marketing as profile in RETAIL SECTOR. Let me know your email Id; will mail you my Resume or HR people can go through my CV on Naukri.com.

I want a Job:-Reputed Company, Good Exposure to Every Field, Employee – Employer Relationship, Career Development Programmes, and Correct Ambience to work in & above all a satisfying remuneration.

Last but not the least – A Good Boss, who will challenge me, scolds me, motivates me & appreciates me. And also he should share some tips on how to kick some ass in a Meeting & in a Disco.

And I can wait for that particular job. Till than I can continue my learning by enhancing my intellect through reading books or writing poems or watching interviews of famous personalities on You Tube.

And Search Friction is the Real Case. It happens with me & many of my friends. I have posted my Resume at many Job Sites. Though I have mentioned about my interest in RETAIL SECTOR, but I get calls from other Sectors also.

Fresher candidates have no use of such sites. They should just visit the HR office of a firm in which they are interested for a Walk-in Interview to save their crucial time.

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Skills and willing power

idea posted by Suresh Jain Assistant Marketing Manager, Saraswati Global Limited
Skill , interest and ability is Prime criteria
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personal inborn skills

idea posted by Ajayi Oladapo Information Systems(MIS)-Manager, dapkor international
defining your temperament could also contribute to your personal and effective skills which is either inborn or learnt
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Good network

idea posted by Vikram M HR Executive, freelancer
there are certain jobs, which are not been promoted in sites, where they seek for refereals, the job seeker should have good network
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Probably compensation

idea posted by Jay Kamath Co-Founder, Samsara Consulting

A job seeker is primarily looking at money until he reaches a managerial role; post which they know the money will flow, but the assignments are going to be challenging.

 

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