Recession! If you haven't been affected by it yet you must be in a space capsule whirling aimlessly around the globe. Unemployment rates are at record highs. People are struggling to pay the rent, mortgage, buy groceries while desperately searching for work before their unemployment checks stop coming. That's the economic side, bleak as it is, of the recession, but there is also a personal side which can affect you with equal negative impact.
The Grieving Process: So, you've lost your job. Maybe you were let go because your company's finances were dwindling or your position was no longer needed; whatever the reason you now find yourself at home unemployed and wondering what to do. That's the first step. The next steps are the feelings of anger and embarrassment all the while questioning your abilites and self worth. You have now opened the door to the grieving process. First comes denial with a slice of hostility, then wonderment, "What did I do, or what didn't I do?" Then it finally hits you - it's over, no more job, no more past employer. It's time to focus on a new direction, to get busy, active and avoid slipping into depression.
Staying Productive at Home: How can you be productive while at home? Your friends tell you to "apply online." You start searching the internet for positions that may or may not be suited to your background and skills, but once you write a compelling cover letter and submit it, hours and even days have gone by. You're still waiting for a response. Now what? You can either stay at home while the clock ticks, or get busy. It's too easy to let yourself get depressed, so it's important to stay positive and motivated; otherwise, feelings of self-doubt and frustration will take over.
Financial Woes: If you're still getting nowhere, and those bills are piling up without your normal cash flow, it's time to consider other options. Apply for unemployment benefits immediately after losing your job. Unfortunately, downsizing your investments (i.e. 401K) could be another option and possibly a profitable one. It's definite that you'll need to re-evaluate your current living expenses, including your spending habits, which will have to be altered. When it comes to grocery shopping, try cheaper alternatives like buying store brand products or purchasing basic items from the local Save-a-Lot or Dollar Store. Regarding insurance, you should talk to your agent regarding possible coverage reductions in auto, home, and health coverage in order to reduce premiums.
Channeling Your Mental Frustration: You've weathered the first few months, but it's starting to weigh on you mentally, and your are becoming frustrated by not being able to contribute to society. There are plenty of things you can do to regain your self-worth. Start discovering your favorite hobbies, which could include reading, writing, arts and crafts, games or expressing yourself creatively in other ways. Music is also a gift that can spontaneously uplift your soul while stimulating motivation. This leads to the physical aspect of taking care of your appearance, which should not be ignored. Keeping up with exercise (and yes, now you have the time for it) will give your body the energy it needs to get you through a slump. Try walking, running, biking, weight training and any other sports. Eating a healthy diet is essential. Skip frozen dinners and find some cheap and easy recipes that include fresh ingredients and lean meats.
Emotional Support: A final option, but a very central part of the job search process, is finding emotional support from family, friends or loved ones. This includes having someone take the time to listen, give advice and offer other kinds of support (financial and/or emotional). There is also opportunity to spend quality time together, whether it's going out to a movie or a walk or any other activity that will be relaxing. You could also get out and volunteer or attend some social events. Finally, it's especially vital during this downtime to reassess your talents and abilities. While you're searching for that perfect job, use this survival guide to stay positive and motivated.