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Keeping Your Spirits Up After A Layoff

Author : David Ostendarp


         


We all know the economy has taken a big hit in the last few years, which resulted in a large number of layoffs and business closures. Likely, you or someone you know has lost their job as a result of the state of the economy. While the worst may be over, many Americans are still losing their job every month, and we want to help you manage your stress and get back on your feet fast.

According to Mental Health America, employment is the third biggest stressor in Americans’ lives, falling right behind financial issues and health concerns. Finding healthy ways of managing stress and enhancing life will go a long way to helping you find a new job. The first step is to recognize that it is not your fault. With the large number of layoffs and companies closing, your job loss is a casualty of the poor economy. Likely, you were laid off through no fault of your own. This step is an important one because it helps rebuild your confidence; without confidence, it will be challenging to find a new job. Potential employers want to know what you can do for their company. Especially during this time, they are looking for self-starters who know they have something special to bring to the table.

Evaluating your financial situation is another important part of dealing with your layoff. Mastering the skill of managing the family budget in a tough economy is difficult, but not impossible. List your monthly bills, budget the money you have and reduce any unnecessary expenses. Consider contacting your creditors as soon as you are laid off. They may be willing to give you a lower interest rate or negotiate a flexible payment schedule if you contact them before you miss a payment. This part is crucial – after you have missed a payment, it’s too late to call.

Next, work on your resume and start sending it out! Like many of us, your resume probably is not up to date – now is the time to fix that. Set aside some time when you will not be interrupted and think about your last job, your skills and what you can offer a new company. Once you have two or three versions of your resume, start sending them out. You will never find a new job unless employers know you are looking. The key to finding a job in an economic downturn is to send your resume to any company that sounds interesting to you – you never know which employer will find something interesting about you and your experience. Never rely on only one or two potential job opportunities – if you do not get a response, you wasted a lot of time waiting by your phone or inbox.

This is also the perfect opportunity to begin retraining for a new job. Use the unexpected time off to learn a new skill and add it to your resume. That new skill – from learning a new language to mastering a “green collar” job – will give you a competitive advantage in the job market.

Now that you are applying to a number of jobs, get out of your house! Exercise, take a walk in the park, and spend time with your family, anything that does not have you sitting in front of your television feeling sorry for yourself. Giving back to your community is a great way to start. Not only will volunteering help to put your life into perspective, it is a great networking opportunity. You will meet a whole new group of people who may be able to point you to job opportunities.

Another good trick for keeping your spirits up post layoff is finishing up small projects around the house. All of us have certain projects, such as refinishing furniture or repairing a leaky sink, that were started then we ran out of time before we could finish. Now is a perfect time to inventory and complete the jobs that are half finished. The best projects are ones which improve the value of your home, but do not require you to take out a home equity line of credit. Kitchen remodeling or adding a new room to your home are examples of projects you probably want to avoid for now.

Before you know it, you will have a new job and be back on your feet. Until that time, count your blessings, spend time with friends and family and look at this as an opportunity to try something new.


Author's Resource Box

Sundar Kadayam is the author of this article about keeping your spirits up post-layoff and >finding a job in an economic downturn


Article Source:
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Tags:   Employment, Lay-off, Jobloss

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Submitted : 2010-03-17    Word Count : 789    Popularity:   71    Times Viewed: 5   zero times read