High Vacancy Rates Leading to Excess Office Space

By Andre Nixon

Job Vacancy Indonesia, Employee, Vacancy 

There is currently an excess of office space in Las Vegas leading to a high rate of vacancy. The rates are in the range of 17 to 19% which is very high. The financial meltdown in U.S had affected the real estate domain pretty badly, leading to shrinkage in demand of office space in Las Vegas. In the year 2008, the work space required touched a low figure of 637,800 square feet. People need to wait till the end of 2010 for the vacancy rates to get lower and approach the normal rate of 10%. New office products are already being visible online in the current year which is a healthy change from the past year. With so much work space lying vacant, the construction work of many executive office suites has naturally been kept on hold.

The vacancy rates have already started to decrease and new employment opportunities are being created gradually. With the currently pending constructions works again being started, one can expect many of the ongoing projects to be completed within the next 9 to 12 months. The market is thereby expected to stabilize along with recovery in all the major industrial and financial domains. With the prevailing uncertainty, offices owned by banks are involved in most of the sales being done now. Banks are also trying to seize this opportunity by concentrating on sale of office space in Las Vegas. They are enhancing their portfolios with competition from the private players being less. The private bodies / individuals are waiting for the situation to be better.

It is worth mentioning that in 2008 the commercial real-estate markets were facing a major credit crunch. But in the current financial year, the previously hesitant financial institutions are offering real-estate loans to those possessing adequate quantity of equity and having a good credit / business history. Currently the credit card companies are following a safety-first approach and keeping their money intact. The earlier they start relaxing this approach the faster can the business recovery in office rental and office space be achieved. The average rental charge of office space in Las Vegas is about $2.5 per square foot. Many projects have already been completed, like the 65,000 square-feet Hughes Airport Center, the 144,300 square-feet Eastgate Plaza II (Houston), etc.

Commercial offices are right now apprehensive of buying any office properties and are rather willing to get office space on lease. With every passing day, one can notice an improvement in the housing market situation. Executive office suites are mainly being provided in Henderson, Summerlin, Central Vegas, and near the airport. The highest vacancy rate was noticed in the northern part of Las Vegas with figures touching an abysmal 31.6%. Although any category and size of business can get office space in Las Vegas, commercial / business real estate is not much in demand in downtown Las Vegas. Shared office space, temporary work space, furnished units, serviced units are all provided in Las Vegas by the real estate agents / brokers. Monthly and short-term lease options are being preferred by businesses rather than long-term leases.

Career Change For Teachers - Ways To Choose Better Options

By Abhishek Agarwal


Job Vacancy Indonesia, Employee, Vacancy  

A Career change for teachers can lead to plenty of soul searching about the options available for employment and the skills required for securing a new job. There can be several reasons for a teacher to want to change career after a few years in teaching. For some it may be stress due to teaching in person; for others it could be because of sheer boredom. While for most teachers job satisfaction is high and they enjoy their interaction with the students, in some cases the environment at the school itself may change, leading to stress and a subsequent desire for career change among teachers. In other cases, they may want to explore options in the outside world and find out if something will be more rewarding according to their temperament and ability.

Most often, a lateral move is possible, if seeking a career change for teachers. Instead of teaching in person, they can shift to teaching the people that are pursuing distance education, to writing of books or in development of curricula. If seeking a change due to environmental reasons, the options include giving private tuition. If the teacher wants a change from personal interaction, then syllabus and course development could provide the desired career change.

However, if the teacher wants to leave the profession of teaching completely, then the person has to consider the transferable skills and seek out job options in other fields. A teacher will inevitably have excellent communication skills, ability to conduct research, administration ability and interpersonal skills. All these are useful in several fields. If at all the teacher needs new skills to find a new job, there are several courses available for skill development.

Career change for teachers can be facilitated because of their interaction skills. Instead of working with young students, they may choose to work with elderly people or in a job that requires interface with the public, such as in a call centre. Woodwork, art, horticulture, and writing are other fields that utilise the mental capability of the teachers and provide avenues for creativity. Career change for teachers is relatively easy with some retraining, as they have a number of skills that are used to develop young minds and can be used in other jobs with equal ease.

Skills in communication and teaching can also be used to move to a career of a trainer, to train new recruits at their organisation. Thus, while doing away with the stress part of teaching, they can still effectively use the skills that are necessary to teach successfully. The years of experience stands them in a good stead and need not be wasted at all. A qualified teacher can be employed easily. With just a little training, career change for teachers can open several new options for them.

Resumes That Will Blow Your Potential Employers Away

By Jacoby Smith

Job Vacancy Indonesia, Employee, Vacancy

There are so many kinds of resumes out there. There are the good ones, the attractive ones, the lousy ones and of course, those which will blow your potential employers away. I think that's going to be a very tough one to make. I do think that it's possible. There can be two situations for that though. It's either the resume is too good that the employer will call you the minute he finish reading it or too lousy that he can't imagine a good job seeker would write.
Of course, all job applicants want the first reaction. So how do you get to that?
Start by knowing yourself. You are your own weapon. So you have to know what you can bring out to the battle. Analyze what you can offer to the company. Check if you've got what the potential employer is looking for. If not, then don't bother to waste both of your time. Find a job that will make your potentials grow. Although it's a tough game out there, there will always be something that will fit your capabilities and skills. After finding that perfect fit, prepare your resume.
Express yourself. Through your resume, you have the tool to show off yourself. Make sure that it's the best side. Highlight your strong vision by showing that in your job objective. It should be a precise and direct to the point statement.
List your qualifications. Either educational or skills wise, you are qualified to apply for that job. That means that you need to show why. List them according to what you think will fit to the position you are applying for. Just make sure that they're 100% real.
Work it. Potential employers are interested in your previous work experiences and why you left a job. It's important to show in chronological order what you've done. There's never a small job or big job. Just know that listing them would show that you have been working. Every experience helps in making you a better worker.
Check your weapon. Re read what you wrote. Don't under estimate the power of a wrong sentence and what it can do to the overall effect of your resume. It has to be in a perfect working condition so that you're sure that it will have the potential to really help you.
And finally, attach a cover letter. Make sure that it's a great one. It's your timer to the ticking time bomb.

4 Tips On Updating Your Resume

By Paige Mercer

Job Vacancy Indonesia, Employee, Vacancy   

We live in an uncertain world. You may have a great job right now, but you never know how long you are really going to have it. There is very limited job security anymore. Many companies do have layoffs especially when profits start to slip a bit and the growth of the business begins to stall. It's a good idea to always be prepared with an updated resume in case anything happens or in case anything better comes up for you. Learn some tips that will help you keep your resume updated.

Consider setting a date where you will update your resume no matter how secure your job seems at the moment. A good time to do this is New Year's Day or even your birthday. Take some time and go over your resume and making sure all the information is current. By setting a goal to update your resume once a year, it will always be fairly current and ready to submit on a moment's notice.

You may want to start updating it sooner if the industry you work in is going through some changes. If you hear about layoffs happening at your company, start updating your resume right now. You will need to be able to get a jump on the others who have similar skills and experiences and be ready to take a new job as soon as possible.

It is important to have your resume in order before doing a job search. You need to have it on hand and ready else you can end up looking a bit foolish when someone wants it and it's not ready. With the intense competition for jobs these days even one day can make a difference in whether you get an interview or not.

Here is a list of the things you may need to update on your resume:

1. Start off by updating your contact information. For many people, this changes often. We change phone numbers, move, or even just get a new email address. You don't want an email or phone number on it that you haven't used in a while. Prospective employers need to be able to contact you.
2. Make notes of rewards and accomplishments that you have received since the last time you updated this document. Even if you don't think some awards won't make much difference to a future employer you should add this. Employers have been known to make the final decision on a job based on the fact that one applicant belonged to a service group.
3. Get recommendations from people right now. It doesn't hurt to ask even if you aren't looking for anything new. Having letters of recommendation on hand is smart so you will always be ready to go to an interview without waiting for someone to write a letter.
4. Update your references. Some of these might be people you aren't in touch with anymore. Some might have moved or changed phone numbers which needs to be updated. Make sure your references are reputable people that know your character. It is a good idea to let them know you will be using them for a reference so they aren't taken by surprise when they get a phone call.

If you don't need to update and of the things listed above, you might consider adding new skills and experiences so that your resume doesn't look so stagnant.