Being unemployed can be a stressful time in anyone’s life. To be jobless in an economy where finding re-employment is challenging and then find out that your unemployment benefits are ending can really make you panic. The question is- what to do now?
Although it is difficult, holding yourself together at this time is what you need to do. Panic will keep you from being able to think clearly. Have your moment of panic, imagining all the possible scenarios. Once you get it out of your system, it is time to come up with a solution. Unfortunately, looking to the government to do the right thing and help by continuing extended benefits is not an option.
For those who have been unemployed long-term, hopefully you have already learned how to get by on less income. If you have not made changes to your lifestyle to adjust to your loss of a paycheck, you need to get busy on it. Cut out all unnecessary luxuries immediately. What is a luxury item? Movie channels on your cable plan count as being a luxury item. Eating out, vacations and even day trips to your local amusement park are expenses that you need to stop until you are financially back on your feet.
It is difficult to not be able to enjoy the summer by doing the typical activities like going to the beach or amusement park. You need to remember that you are unemployed and with the changes being made, your last benefit check may coming soon. You can still enjoy the summer by being smarter with the money that you have. Go to a local park for a day out and bring a picnic lunch. The focus right now is on how to become employed again.
Look at your resume again and see where any changes can be made. You have been sending it out for some time now without get hired so it is safe to say that maybe it isn’t as appealing as you might think. Consider how to downplay your experience in order to not scare a prospective employer away.
There are many jobs listed on different search sites but many are not paying what you are used to. Since you have been receiving unemployment benefits, you are used to living on less. Maybe it has been a struggle but the fact is that you cannot rely on jobless benefits until the right position comes along.
Firstly, figure out how much you are receiving in jobless benefits. If you focus on getting hired making the same money as unemployment gives you or slightly more, can you get by? The better question is what will you need to do to get by.
Maybe settling for less money can be a positive thing to do. If you take a job that pays less money, maybe the employer offers benefits like medical insurance or employee discounts that currently you do not have being on unemployment. Paid sick leave, vacation time and other “perks” to being employed are things that we forget about when we are unemployed long-term.
Although in order to escape losing your home or falling deeply into debt you may have to settle for a job that may not be what you hoped for, it will give you some income. If you are fortunate enough to be offered a position, you will have to remain flexable with what you want and be willing to compromise.
Try not to think of the compromises you have to make as being long-term. If you don’t want to work weekends and the job insists that is what they are looking for, you might have to give in to become employed. Don’t look at it as being forever. In this economy, nothing is forever. Do it until you can make a change. You never know when an opportunity will come your way. Just be looking out for it!
People who are unemployed because of company downsizing or elimination of their position may find that doing something different can change their lives for the better. Don’t be afraid of change. Think of it as an adventure and don’t worry about 5 years down the road. You need to be focused on the short-term.
Hopefully the economy will make a turn for the better but in the meantime, you need to get creative and be open about where you may be able to find employment. There is nothing you can do about the ending of jobless benefit extensions so you need to work on what you can do. Take control of your situation and get yourself hired!