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.
Learning about money is a skill that should be learned at an early age. OneMain Financial is now offering a financial course called 'Credit Worthy' across several high schools across the country, along with some scholarships. Doug Shulman, CEO of OneMain Financial, joined Cheddar News to discuss the importance of learning and understanding credit. "Over half of high school students graduate without knowing the basics about credit," Schulman said. "It really helps establish a great foundation to being an independent adult, to have a healthy and happy life, and some financial security is part of that."
Mariah Carey is facing a second lawsuit claiming copyright infringement over her song, "All I Want For Christmas is You."
Apple posted better-than-expected results for the third quarter but continued to report soft revenue. Cheddar News breaks it all down.
Thousands of hospitality workers across 18 casinos in Las Vegas have announced they are set to strike if a new contract agreement is not reached by Friday, November 10.
Mariah Carey, the 'Queen of Christmas,' is teaming up with Victoria's Secret for a new holiday collection.
Stocks jumped Friday after a jobs report showed a higher slowdown in hiring, giving hope to an end in rate hikes.
A new study found greater productivity in companies with a higher gender balance.
Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.
The Federal Trade Commission is accusing Amazon of using an algorithm to raise prices for some of its products, thereby causing other shopping sites to do the same.
The Labor Department reported the U.S. economy added 150,000 jobs in October, down from an adjusted 297,000 jobs added in September.
