What is a skill set?
A skill set is the unique skills and abilities that you bring to the job market.
What is the business cycle?
The business cycle refers to the alternating periods of growth and decline in the economy.
How can networking help in job searching?
Networking allows you to connect with people who may have job leads or insights into job openings.
What is the job market?
The job market is the job openings that are available when you are ready to go to work.
What is a market economy?
A market economy is based on the laws of supply and demand, where prices are determined by the availability of goods and services.
What steps should you take when preparing for a job interview?
Research the company, practice common interview questions, dress appropriately, and prepare questions to ask the interviewer.
What are hard skills, and how do they differ from soft skills?
Hard skills are measurable physical and mental abilities that allow you to complete a job, while soft skills are nontechnical skills needed by most workers for success on the job.
How do economic trends impact job availability?
Economic trends can dictate the growth or decline in certain sectors, affecting job openings and availability.
What is the purpose of a follow-up after an interview?
A follow-up shows appreciation for the opportunity and reaffirms your interest in the position, which can positively influence the employer's decision.
How can personal values influence job choices?
Personal values can reflect the worth you place on certain jobs or industries, guiding your choices in career paths.
What are the costs associated with post-secondary education?
Costs include tuition, fees, and expenses for materials or living, which can vary based on the type of institution and program.
What should you include in a cover letter?
A cover letter should introduce yourself, explain your interest in the position, and highlight your relevant skills and experiences.
What is the importance of soft skills in the job market?
Soft skills, such as communication and teamwork, are essential for success in the workplace and can differentiate you from other candidates.
How does supply and demand affect income?
When demand for a job is high and supply is low, wages tend to increase; conversely, if supply is high but demand is low, wages may decrease.
What are the key components of a resume?
Key components include contact information, a summary or objective statement, work experience, education, skills, and references.