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Quit Your Job in 2011

This article was written by in Career and Work. 11 comments.

The recession has been tough on everyone, particularly when it comes to the employment situation. The unemployment rate is still high, so we know there are many people who would like to be working but have not been able to find something. Many who are working have settled for jobs that pay less and offer less growth than they would like.

The common theme for graduating college seniors for the past few years is that they should be lucky to have a job at all, and the shouldn’t expect high salaries right out of college, much less a position where they can learn anything valuable about their industry other than how to to grunt work.

The recession is technically over, but employment is usually the last piece of the economy to improve. If the business climate improves in the following year, and companies begin to be willing to spend money on growth rather than shoring up balance sheets, the scales may start to tip more in favor of the employee rather than the employer. I know many people who have been keeping their eyes open for better jobs, networking with the right connections, and laying the groundwork.

While some companies, like Facebook, have been competing for the best employees throughout the recession, those who have not attracted talent will have to put some effort into recruitment as the economy continues to improve. We’ll start to see signing bonuses, higher compensation (even for entry-level jobs), and more profit sharing. From the employee’s point of view, the key is to be in demand, and that can only happen with hard work, focus, and something special to help stand out from the crowd.

CNN Money

Updated March 24, 2017 and originally published December 24, 2010.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 11 comments… read them below or add one }

avatar 1 Anonymous

Let’s hope we do see some improvement in employment. This is why it is so important to save and invest. I recently wrote an article titled “Slaves Without Savings.” I explain that without savings, we become slaves to our jobs. Especially in this economy where it is not particularly easy to find another job. College grads have it worst. They have no savings, and often have debt from student loans. They quickly become dependent on whatever job they can find. Always have a small business of your own on the side. It will help you make money and allow you to spend part of your time dealing with something you are passionate about. Also, most people find jobs in someway through someone they know. Let everyone know you are looking.

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avatar 2 Anonymous

Your title is more telling than you realize! Employed people are more attractive to employers than unemployed workers. The bad news is that there will be shifting of employees from company to company for a while until there is real growth or no more qualified candidates. As the economy expands, unemployment will decrease. This may be my opinion, but comes from over thirty years experience. Thankfully, now I am a tenured teacher.

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avatar 3 Anonymous

I continually hope for the job market to improve. I am currently attempting to make a transition myself. It is tough though. I have been out of college for 2 years in a job that does not pertain to my field – now I can’t get a job in my field because I have no work experience. With the high supply of workers, employers have become increasingly selective.

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avatar 4 Anonymous

Yup, all about differentiating yourself from your peers to command higher compensation, avoid that layoff. Tough to do, but take the initiative get involved in new projects, expand your experience and education (on the company buck if you can!), and network!

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avatar 5 Anonymous

I plan on staying employed and looking for a new job over the new year. I wonder the difference between me being employed and not employed would present to me as far as my marketability. Making your self stand out from the peers is the hardest thing to do, but it just takes a little effort. One of those “easier said than done” situations but anything is possible.

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avatar 6 Anonymous

Quitting on your job isn’t a nice idea unless there’s a stable run of income for you. Th e idea of multiple streams gives you just the opportunity to increase your income. Staying engaged on your current job will still help to push you on the top more easily.

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avatar 7 tigernicole86

I’m sort of lucky at my job. The pay isn’t great but since they took on a certain client who needs somebody that speaks Spanish, I’m avoiding the layoffs at my company. They need somebody who can communicate with their consultants and I get to keep my job and benefits. Although, I’m still looking for something higher paying, I’m content. For now.

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avatar 8 faithfueledbennetts

I really hope it does improve! My husband has gone back to school and should be finished in 2 years. We are hoping that by then, getting a job will be easier than it would be now. He took a student loan out with the intention of paying it back quickly-which require employment!

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avatar 9 Cruxman

I my self am in a very smiler situation and that’s why I/we must be over the top confident that I/we will and can succeed!

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avatar 10 Cruxman

I’m 28 years old and back in school for web design and development. I have a goal and an expectation of my learning experience. I will and want to exceed the norm! I will not settle for less and I want to stand out like a tall poppy. Not to arrogant but just very confident. There are tons of jobs out there it’s just do people really want to work. For me I will not settle for less just more.

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avatar 11 Cejay

I would love to quit in 2011. I was all set to quit a few years ago so that I can take a sabbatical and then the economy caved in. I have continued to work for the past four years and we are saving money. We are finally at the point where we are living on one income and socking the other away. Hopefully, when the economy returns I can quit and attend school to complete my degree. I have resolved that I will never get back into this position with credit. I try to stay involved by doing volunteer work.

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