Loss Of A Job

A job is a lynchpin in most people's lives. It represents your family's comfort and security, and provides you with a sense of self-esteem.

The loss of that job, and the income it provides, can throw your entire existence into chaos.

First steps

Negotiate the best severance package you can from your former employer. If it was a layoff or amicable departure, get letters of reference from those with whom you worked, especially supervisors. Also, get documentation of projects you worked on that will highlight your skills to a potential employer.

Deal with the emotions. You may feel angry or bitter. Let those feelings flow but don't dwell on them. Harbouring that kind of negative energy can sap your ability to find a new job.

Apply for Employment Insurance right away. Take full advantage of your entitled benefits until you get back on your feet. There used to be a stigma attached to being unemployed and receiving government assistance. But as the economy shifts, more and more people are finding themselves out of work for a period of time. Unemployment is becoming an expected stage of life.

Seek companionship. One of the hardest parts of losing a job is losing the day-to-day interaction you enjoyed with coworkers. If your former employer let several of your coworkers go at once, try to meet up with those people for lunch once in a while. They'll be able to understand what you're going through. And the camaraderie will relieve some of the loneliness that can accompany unemployment.

Temporary Work

If finding a permanent job in your field looks like it might take a while, consider applying to a temp agency. Employers turn to them for human resources, and they provide your services for an hourly rate. Then they pay you (after taking a cut for facilitating your services). The employer benefits from reduced recruitment and screening costs and the temp agency benefits from the money it makes for offering your services.

So what are the benefits for you?

OK, you know there have to be some disadvantages. Here are some of the downsides:

Looking For A New Job

One of the best ways to deal with unemployment is to make finding a new job a full-time job. Here are four promising sources of job leads: 

Remember, start looking immediately. It can take four to six months to find a suitable job in your field.

©2000-2019 Visa. All Rights Reserved.