Trying to Make Ends Meet: Job Loss in America
One in six manufacturing jobs in the United States have been lost in the past seven years. Manufacturing towns in the Midwest have been hit hard as more and more factories close and jobs are sent overseas. Ohio's job loss numbers are the worst since the Great Depression. Residents of Ohio give their personal accounts of being laid off from a factory they have worked all their life in. ... more
Tips For Dealing With Job Loss
The solution to dealing with a job loss is to suck it up, deal with the situation, and start aggressively looking for a new job. Running away and hiding is not going to solve anything.
You are going to feel angry, you are going to feel depressed, and you are going to feel frustrated but at the end of it all, you are going to have to deal with it.
How to Deal With Job Loss
Accept reality - one of the first things you have to do when you are without a job is that you are going to have to accept the harsh reality that you have no job, you have no income, and you have to start looking for a job all over again. Anger, frustration, shock and acceptance are the emotions you are going to have to go through.
These will then have to be taken over by a plan of action. What are you going to do to get through this situation? This is the first question you should ask yourself.
Understand your financial position - most people have a false sense of security where their finances are concerned. They all think that they have enough money to live on for the next year or the next few months and that this will give them sufficient time to deal with getting another job. This is not the case. Meet with your accountant and find out the true condition of your finances. ... more
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What are your comments? What's your experience related to job loss? Any advice?
