With job security being uncertain across a number of sectors, the American workforce is beginning to look toward career paths beyond their realm of expertise.
Kathyrn Minshaw, founder and CEO at The Muse, joined Cheddar News to offer some advice that could help make your transition onto a new career path easier. She noted that now is an opportune time for people to explore opportunities outside of their comfort zones.
"Make a plan. It is much easier to execute a career change when you have a really clear idea of where you're going to. So speak to someone to understand and really lay out what are your strengths. What are your transferable skills" she told Cheddar News.
She noted that connecting with former superiors and co-workers can help gauge where your strengths lie and areas you might need to improve.
When it comes to marketing and rebranding yourself, Minshaw said it is a "several step process."
One of the most important steps she mentioned was getting familiar with the industry you are interested in, including jargon and lingo that are common in the sector.
"Sign up for industry newsletters, read blogs about the potential career path you're looking to move into or print out job descriptions of jobs that you might want and highlight skills that you have and skills that you need," she added.
Minshaw also noted that keeping your resumé updated so it is reflecting the most accurate version of you is key to switching career lanes.
Darden, the parent company of chain restaurants like Olive Garden and Ruth's Chris Steakhouse, beat Wall Street estimates in its latest earnings report.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
