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How to Flee an Ailing Industry

With the unemployment rate hitting a new 25-year high Friday, many workers and layoff victims in the worst-suffering industries are looking for safer sectors. Industries including autos, financial services and retailing have been hit especially hard during the recession, shedding tens of thousands of jobs. Even as the overall job market shows signs of stabilization, companies in some of the worst-hit sectors may recover more slowly, and job-seekers may be better off looking at new industries. But making that change can be tough. We asked career coaches and human resource experts how to navigate into a new sector. Read more…

Publish date: June 7, 2009