Unemployment is a life-altering experience that many of us will face at some point. Being laid off is often unexpected and can cause even the most capable individuals to question their skills, marketability, and self-worth. The reason you are unemployed doesn’t matter as much as what you choose to do next and how you cope during this period.
Unemployment rates vary from state to state, as do job opportunities across industries. Some markets are thriving, while others are oversaturated. For example, employment prospects in the tech industry may be far stronger than in more competitive creative fields such as writing or marketing.
If you are searching for work in a saturated industry, it may take longer to find a position. Age can also be a factor. Whether we like it or not, we live in a workforce increasingly led by younger generations, and becoming unemployed in your 50s can present challenges that may not have existed earlier in your career.
Below are coping strategies I’ve personally practiced and found helpful during times of uncertainty.
Take a break after losing your job.
If possible, take a couple of weeks to process what has happened. Allow yourself to feel angry, afraid, uncertain, or doubtful. These emotions are normal but don’t stay there.
Shift your perspective.
Once you’ve had time to process, begin looking at your situation through a new lens. This may be an opportunity to explore something different. Life’s challenges require us to face them directly in order to move through them. Acceptance is the first step forward.
Evaluate your options.
Can you afford to return to school to strengthen your skills or become more competitive? Are you considering a career change? If so, what education or training would be required? Would you be willing, or able to take a pay cut for an entry-level position in a new field?
Examine your budget.
Determine how long you can realistically be out of work. Create a practical budget and commit to it. You may need to adjust your lifestyle temporarily. While difficult, this can also be eye-opening, you may discover how much money is often wasted when finances feel secure.
Volunteer or intern.
Extended unemployment can take a toll on emotional health, self-esteem, and motivation. Volunteering helps you stay engaged, boosts confidence, and provides structure. Interning can help fill gaps in your résumé, build new skills, and open doors through networking, especially if you’re changing careers.
Consider a part-time job.
Staying mentally engaged is essential during unemployment. A part-time position, especially one with minimal stress can provide routine, income, and even the chance to learn new, marketable skills.
Join professional associations and network.
Become involved in organizations related to your field of interest. Network intentionally. Bring business cards, brochures, or copies of your résumé. Make it easy for others to connect with you.
Stay positive and stay active.
Continue enjoying life as much as possible. Financial cutbacks don’t mean eliminating joy. Spend time with friends and family, read, join a book club, hike, explore affordable hobbies, or volunteer. Any activity is better than sitting at home waiting for the perfect job to appear.
Lastly, believe in yourself.
Remind yourself daily that this situation is temporary. Tell yourself, out loud if needed, that you will find a job.