I Just Lost My Job, 7 Quick Things You Must Do Now

I Just Lost My Job, 7 Quick Things You Must Do Now: I have never been in the position of losing my job but, after a series of research, I came up with the best solution for you. This article will show you all the steps you should take if you get into such a position in life.

I Just Lost My Job, 7 Quick Things You Must Do Now

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I Just Lost My Job, 7 Quick Things You Must Do Now

If you are reading this, you have probably searched for “I Lost My Job and Don’t Know What to Do”. Although losing your job could be one of the hardest situations to get out of, it may not be a death sentence. Although it may have happened without your prior notice, you can still get into a better position than you were in when you had a job.

What To Do When You Lose Your Job and Have No Money

If you lose your job, the first thing to do is to check immediately for any benefits, compensation, or references. If you were fired and not informed of any type of benefit, contact the human resource department or your manager to request information about your benefits.

There is no need to panic as there is no problem without a solution. The steps below will help you make the best out of the situation.

Review your Finances

After losing your job, the first step you should take is to review your finances. Check on the jobs that you currently have. Check all your bank accounts, credit card debts, and student loans. Calculate how much your money will last you without pay. It is very advisable to know your financial situation to know the best steps to take.

Tell Everyone

It is very natural to feel ashamed of the situation. The right natural step you could take will be to hide it from friends and family members, whereas, the opposite should be the case.

Let your friends and family members know that you are available for new opportunities. This could increase your chances of getting a new job.

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Review your Previous job Description

When you are checking out new jobs, it will be good to access all the responsibilities of your old position. Try to improve your CV, and match your Resume with job descriptions. Extract your experience for skills and accomplishments, try to be honest but don’t be too modest.

Create a Collection of your Past Work

To make your CV or Resume as professional or appealing as possible, it will be nice to highlight your projects in your last employment and even in school. This can be very useful to boost your portfolio when applying for new jobs.

Create as many collections as you can, then start building your business profile. You can do this on a personal website, a blog, or an online portfolio.

Connect with your Network of Contacts

To get new opportunities, it will be best to connect with your network. Start making phone calls and sending emails to your network. It is better to find a job by word of mouth than to submit a resume blindly.

Although many of your contacts may not be in your industry, they may know people who could pass better information to you.

Social media could be a very good option here. You could get a wider reach and more visibility because more people will see your post other than your network.

Review your Non-compete Agreement

If you have some incomplete agreement with your previous employer, it’s best to know any restrictions it imposes on you. This is so that, you will not violate any laws when looking for a new job.

Another step you could take here is to get legal advice if you have concerns about the various restrictions imposed by a non-competition agreement.

File for Unemployment

Another very useful step to take here is to file for unemployment. Once it is approved, you will get a weekly claim and most likely attend a job search seminar or interview having the same situation.

It will be worth it at the end of the day. Even if you have a small amount of money when searching for a job, it will keep you from crying whenever you look at your bank account.

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Strategies for your last days at work

Here is a list of things you should do on your last days of work;

  • Collect all the contacts of your fellow employees
  • Make sure your personal information is erased from your work computer or phone
  • Hand over all the company possessions to the HR
  • Complete an exit interview if required
  • Ask for a letter of recommendation from your manager
  • Tidy up your workspace
  • Send a farewell email to your colleagues
  • Say goodbye to them in person

Handling Your First Days of Unemployment

How do you handle depression when you just lost your job?  Follow the steps below to relax better when you lose your job;

  • Take breaks for self-care to maintain your health
  • Work on your “selfies” self-talk and self-esteem.
  • Boost your endorphins and your mood.
  • Reorganize your home, and your finances, and manage your time.
  • Connect with other people for the opportunity
  • Seek help.
  • Prepare for re-entry

What To Do When You Lose Your Job At 60

If you lose your job at 60, there are a few things you could do to get the best financial situation. These things are listed below;

  • File for unemployment insurance
  • Assess your savings
  • File for social security
  • Get health coverage
  • Figure out whether you need another job

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Frequently Asked Questions

How Do You Survive a Job Loss?

To survive a job loss, firstly, stop your job self from panicking. After that, follow the steps below;

  • Create plans
  • Prepare a Survival Budget for a series of months.
  • If You Lose Your Job, Find Some other source of Income
  • Try reducing Your Expenses.
  • If You’re Strapped.
  • Work towards increasing your income

Is Job Loss A Trauma?

Losing your job or source of income or remaining unemployed for a long time could lead to trauma or psychological problems.

How Long Does It Take to Get Over Losing a Job?

A lot of people take over six months or more to recover from losing their jobs, while some people take lesser time.

What Should you do when you get fired?

When you get fired, there are a lot of things you can do. One of which is filing for unemployment.  It is very important that you look for a source of income as soon as possible if you do not have any options.

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