If you were recently laid off, then you know how stressful a situation it can be, especially if you didn’t see it coming. Unfortunately, today’s tough economic times are spawning a rash of layoffs, and many people are finding themselves out of work, with bills to pay and a family to support. Being laid off does not mean that all’s lost, but it does mean that you’re going to have to put some serious thought and effort into countering the effects of this tough position. Here are five things you should do as soon as you are laid off:
File for unemployment benefits as soon as you possibly can after being laid off. The government does place some restrictions on how soon you are allowed to apply, but you can at least begin preparing your case so that, when the day comes that you can apply, you are prepared to apply on that day, and no later. As far as preparing your case, you must be able to explain the conditions of your layoff, and it must be verifiable.
Cut back on any unnecessary costs that you incur month to month. You don’t really need those premium cable channels, the magazine subscriptions, or the gym membership – not when you might be experiencing an indefinite period of time without an income. Skip the fast food, and try a pay as you go cell phone plan.
Your community has a number of resources for those experiencing tight times financially. Search online or check the phone book for food pantries and utility/rent assistance, and ask for as much assistance as you can, from all the agencies you can.
The moment you are laid off is the moment to start looking for work. Do everything you can to improve your employability: update your resume, gather references, brush up on your specialized work skills, and begin preparing for interviews.
Once you’ve prepared yourself to find new employment, the search is on. Make it a point to scour your local classifieds help wanted ads, and to search online job listings, on a daily basis. Remember that looking for a job is a full-time job in itself, and that you can’t afford to take time off, especially considering the only way you’ll get paid is to make something of your time on.
Getting laid off is not the end of the world. Even more, it can be the start of something new and exciting. Manage your stress during this stressful time by taking the precautions to protect your current finances, and by taking steps to secure your financial future.
Tomasa Leipold is a specialist in the field of unemployment and regularly helps others to find new jobs. He recommends visiting sites like Adecco USA recruitment agency or those local to you for specialized help finding work.