Job Catch-22

What is the biggest detriment to my finance now is the fact that I am still on the job-hunt.  Why is this a detriment?

I want to find an entry-level job in the finance field.  Entry-level for a number of reasons, the main ones being lack of any formal education (except for one accounting class) and lack of any experience.  I do possess analytical skills from my previous position as well as my research while in college.  I self-study on my own.  I can tell you what P/E is, the difference between growth and value stocks, the difference between mutual funds and ETFs, and calculate any number of statistics with any number of statistical packages.  I know how to create financial statements, type about 75wpm, and create smashing slideshow presentations.

However, the biggest barrier that I have to overcome is that fact that in order to gain experience, you need to have experience.  Strangely, even for entry-level positions, they desire experience.

Let me give you an example:

I know someone who applied to a position listed as a entry-level human resources assistant position. This person has a Bachelors Degree from a good university in Psychology and previous intern experience as a human resources assistant.  This was all listed on the resume.  She was called in for a interview and after waiting for 2 weeks on tenterhooks, she received an e-mail stating that she did not possess enough experience for this postion.

Now, let me ask you: if this person did not have the experience, why would she have been called in to interview in the first place?  And if this was an entry-level position, why would she need so much experience in the first place?  And lastly, that was an awfully long time to wait when they could have just sent an e-mail the next day stating the same thing.

How do you gain experience?  You get a job.  But, who will hire you if you don’t have experience?  Therein lies the Catch-22.

And the job search goes on.


1 Comment »

  1. […] September 11, 2007 at 3:12 am · Filed under employment Those of you who read this journal may remember my previous rant on the difficulties of finding a decent job with no experience and not being able to gain experience without a job in my post Catch-22. […]

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