Now is a good time to be self employed.

Only 23% Of US Companies Plan To Hire In The Next 6 Months
http://globaleconomicanalysis.blogspot.com/2012/07/only-23-of-us-companies-plan-to-hire-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

Taco wrote:

Now is a good time to be self employed.

Only 23% Of US Companies Plan To Hire In The Next 6 Months
http://globaleconomicanalysis.blogspot.com/2012/07/only-23-of-us-companies-plan-to-hire-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

Not surprised by this grim news; I've been unemployed for nearly two years now. Not many jobs out there right now, and it's only going to get worse. That's why I want to move overseas because the opportunities are superior to what you're going to find in the U.S. and most of Western Europe.

I'm quitting my job and am in the job market right now. To compare, I'd say that the job market today is much better than last year's. However, in my field (IT/PM) many companies are opting for "contract to hire". That is, you must work as a contractor for 6-12 months before they commit to hiring you as an employee.

On the flip side, if you prefer to work as a contractor, the jobs are plenty. Be aware that with internet resume submissions, HR's get flooded with hundreds or even thousands of resumes daily. To get on top of the "stack":

* Fax your resume in and address it to HR
* Expand your networking and find employees who can refer you
* Use contract agencies with established relationship with the company or hiring manager

momopi wrote:

I'm quitting my job and am in the job market right now. To compare, I'd say that the job market today is much better than last year's. However, in my field (IT/PM) many companies are opting for "contract to hire". That is, you must work as a contractor for 6-12 months before they commit to hiring you as an employee.

On the flip side, if you prefer to work as a contractor, the jobs are plenty. Be aware that with internet resume submissions, HR's get flooded with hundreds or even thousands of resumes daily. To get on top of the "stack":

* Fax your resume in and address it to HR
* Expand your networking and find employees who can refer you
* Use contract agencies with established relationship with the company or hiring manager

Oh that's interesting. IT/software development contracts here in the UK are the luxury end of an IT career, with many people preferring the lures of a fixed daily rate and the chances of having a lower tax drain (about 35% against the 40/45% of permanent employment). Rates fluctuates with the market, and they're obviously quite depressed right now. I am currently on about $850 a day, but was on about a $1,000 two years ago.