TheIndyChannel.com

Money

Networking Key In Economy Where Jobs Uncertain

Jobs Expert: Banks, Other Companies Willing To Help

POSTED: 6:56 pm EST January 5, 2009
UPDATED: 7:39 pm EST January 5, 2009

As Indiana's unemployment rate continues to creep past the national average, many Hoosiers are stuck looking for a job in a struggling economy.

While the task may seem daunting, one local jobs expert told 6News' Renee Jameson that being proactive is the best approach.

"It's not sitting at home behind your desk in your underwear answering ads on Monster Career Builder. It's a networking market today. It's who you know," said President of Indiana-based Career Transition Strategies Timothy Dugger.

Dugger recommends Hoosiers looking for a job try to get ahead of the game, taking career tests to determine their next move and asking for help early on.

"Go ahead and call the banks and call the credit card companies. They'll work with you," he said.

One car company is adopting a similar motto -- certainty in uncertain times -- in an effort to reassure wary customers. Hyundai will cover the depreciation on a returned leased or financed vehicle for those who find themselves unable to make their car payments.

"In a situation where they've lost their jobs, maybe have fell ill or got hurt and are unable to work, it allows them to walk away without having a bunch of equity," said Trace Barrow of Indianapolis-based Bob Rohrman Auto Group.

The Hyundai Assurance Program provides 12 months of protection and covers up to $7500 of depreciation.

Dugger said there is still hope for those still searching for a dependable job. He said information technology and the healthcare industry are both flourishing, despite the recession.

From Our Partners:
  • Indianapolis Jobs
  • The following are comments from our users. Opinions expressed are neither created nor endorsed by TheIndyChannel.com. By posting a comment you agree to accept our Terms of Use. Comments are moderated by the community. To report an offensive or otherwise inappropriate comment, click the "Flag" link that appears beneath that comment. Comments that are flagged by a set number of users will be automatically removed.

    Links We Like

    Credit Report

    Checking your own report won’t affect your score. See what yours is instantly in 2 easy steps! More

    Best Local Rates On...



    LocalNational

    30 Yr Fixed Mortgage3.81%3.89%

    48 Mo New Car Loan2.95%3.62%

    $30k Home Eq Loan5.57%5.97%

    6 Month CD0.42%0.41%
    Help! I don't understand!
    More Rates


    Sponsored Links

    Stock Quotes

    Sponsored Links

    Gas Prices

    Gas prices
    Learn all you need to know about saving money on gas and calculate the cost of a trip in our special section. More

    E-Mail News Alerts
    Get breaking news and daily headlines.
    Browse all e-mail newsletters