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Losing your job is a stressful experience—on both a personal and financial level. It can be tricky to navigate the emotional roller coaster that comes with losing your job, especially if you were let go unexpectedly from a job you really enjoyed. No matter the circumstances, you will be able to get through this! Here are some things you should do after you lose your job to get back on the right path.
Before you do anything, take a step back to reflect. While you’ll probably feel angry and upset at first, you may feel differently after taking some time to process. Before you’re ready to get back on the job hunt you must acknowledge your emotions. Secretly harboring resentment toward your former employer will show in job interviews. Do your best to let it go, for the sake of finding your next job and for your general well-being. Just know that it will take time.
The biggest concern for anyone who recently lost a job is most likely money; however, there are a few things you can do to make sure you’re ready for whatever comes your way during this uncertain time.
Evaluate your career. If you’ve been waiting for the right time to make a career shift or try out self-employment, this is it. Give your career path some real thought to make sure you’re headed in the direction you want to be before you jump into the next job.
Contrary to the saying “good things come to those who wait,” jobs don’t. Take a few days to be upset and then start the job search re-energized.
This may be easier said than done, but it turns out many successful people, from top CEOs to creative visionaries, have experienced getting fired at one point in their careers. The most important thing to remember is that getting fired is what you make of it — according to these wildly successful entrepreneurs and innovators it can even launch your career!
Whether you expect it or not, losing your job is a jarring experience, and as big companies go through layoffs, it’s often out of your control. Now that you know what to do if you lose your employment, you can move forward feeling in control of the situation. The best thing you can do is maintain your current routine as much as possible while focusing your efforts on finding a new job.
According to the most recent numbers from the US Bureau of Labor Statistics, the national unemployment rate is at 6 percent, dropping after the steep increase after COVID hit last year. With a little hard work, you’ll be back to your normal 9-to-5 grind — and more importantly, collecting a steady income — in no time. Just know that unemployment can be incredibly draining, so when you’re tired at the end of a long day of doing “nothing,” congratulate yourself on the progress you’ve made toward finding your next job. And remember, it’s temporary!
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Personal Finance
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