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.
Traveling can be expensive and if a situation arises, costs can add up. Nick Ewen, senior editor at The Points Guy, joined Cheddar News to explain what travel insurance can cover and when you should purchase it.
A prosecutor opened a criminal fraud trial Wednesday by telling jurors that FTX founder Sam Bankman-Fried was on top of the world a year ago, hobnobbing with people like football star Tom Brady and ex-President Bill Clinton, before his historic fraud was exposed, leaving customers and investors without at least $10 billion they thought was secure.
Staying on top of your personal spending shouldn't be as complicated as you think. Lazetta Braxton, a certified financial planner, joined Cheddar News to provide tips on how to track that spending, such as grouping expenses into different categories.
Uber is adding a new task to its list of services: mailing consumers' return packages.
United Airlines said it's buying about 110 more planes from Boeing and Airbus.
Data shows auto sales rose in the third quarter.
Netflix is planning to raise prices, according to The Wall Street Journal.
Studies show about half of Americans will experience a layoff in their lifetime. Cheddar News' Ready4Work docuseries on Thursdays at 8:30pm provides tips in its latest episode on what to do if you get that pink slip.
The Biden administration announced a series of indictments and sanctions in connection with fentanyl trafficking.
Tens of thousands of unionized healthcare workers at Kaiser Permanente are walking off the job Wednesday.
