It may take a year to find a new job

It's a tough job market, and many IT executives are finding that it may take as long as a year to get another job. Joe Goodwin, president of Atlanta-based executive search firm The Goodwin Group, breaks the bad news to CIO magazine: The amount of time it will take to find a job is at least three times longer than it was when the economy was good.

"A few years ago, you could count on getting three interviews during the first three months you were out of work," Goodwin tells CIO. "Out of that, generally speaking and assuming your qualifications are there, you were probably going to get an offer. Based on what I'm seeing in the market today, it's now probably taking 10 to 12 interviews to yield the same results."  

Goodwin adds that if you're averaging one interview a month in this job market, you're doing very well. Job searches are taking longer because fewer companies are hiring and when there is a position open, hundreds of highly qualified candidates apply.

If you're an IT exec who still has a job, consider yourself lucky. If you are unemployed, remember, "This, too, shall pass." Stay patient, stay current and network like crazy.

For more on IT job hunting:
- check out this CIO.com article [1]

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