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September 30, 2021

Job hunters look for help

The recent increase in online job postings may mean that the worst of the recession is behind us, says the Conference Board of Canada.

The Board’s help wanted index, which measures the number of new jobs posted online, jumped in every province except PEI last month. It had dropped nearly 30 per cent over the past year as the number of new online job postings plunged during the recession.

That would be the good news.
The bad news is that for every job opening online, there were still almost four unemployed workers. In comparison, the ratio less than a year ago was fewer than two unemployed people for every online ad.

What’s worse, it seems, many of "jobs" posted are actually from placement firms looking to capitalize on someone’s hard luck or at least pad their resume files. And these providers represent only one load-bearing wall in the job-search infrastructure.

Forget generalists like Dick Bolles. Now you can find a host of job search specialists, focusing on resume overhauls, interview prep or billing themselves as do-it-all career coaches. Fees range from just a few dollars for group seminars to $300-an-hour for personal coaching.

Sometimes though, you can get a deal. A couple of months ago, over 70 professional coaches volunteered their time by providing personal coaching in select Starbucks locations in Toronto. For $5, people were invited to sit down and have a 25-minute, one-on-one conversation with a coach. 

Tell us: What’s your experience with those offering to help with your job search?

By Gordon Powers, MSN Money

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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...