Being laid off can seem scary, but for many in recent months due to the COVID-19 pandemic, it’s been an inescapable reality. So how can you recover from a job loss? Here are some tips to get started in the right direction:
Connect with family and friends. Let those closest to you know you’ve fallen on a hard time and will need encouragement. You can’t recover financially if you’re not recovering mentally—and nothing helps an emotional recovery like a strong support system.
Tighten up your budget. Create a new budget based on your new income level. Consider pausing non-essential spending, including gym memberships and monthly entertainment charges.
Figure out what benefits you have. If you’ve been laid off, it’s possible your employer offers severance pay. That could come in the form of a one-time payment or several payments spaced out over a few weeks or months. You also may want to consider filing for benefits through the Employment Development Department.
Hone your job search. Brush up your resume and begin your search by making a list of the people in your immediate circle who can help you get connected in a certain field. Reach out to them and explain your situation. Meanwhile, be sure to keep up with online job boards and consider taking contract or part-time work even temporarily.
Maintain a positive, long-term mindset. Stay determined and positive. Remember: this won’t last forever! The more positive you remain, the more motivated you’ll be to keep searching for new opportunities.
