Brit Immigration

Unemployment and a new job

The Unemployment figures are rising alarmingly to levels we have not seen for a long time and jobs are disappearing. The predictions for job losses in the near future of both the United Kingdom and the US show that employment rates will rise and indicates that we should expect those numbers to multiply. Certainly this is no time for employees to adopt a wait and see what happens to my job attitude. The Motto of the Scouting Association is “Be Prepared”.

So get prepared now before your job disappears and you are left holding a pink slip (in the US) or a P45 (in UK) in your hand. So what can You do??Cut Your ExpensesReduce your monthly expenses drastically. If you lose your job, the cuts are going to have to be made anyway so cuts made now can be made without too much pain. Do you really need the gym membership you do not use. We’ve cut ours. What about your meal expenses. Do you need to eat out so often? A family restaurant meal can be replaced with a meal at home. It only takes about half an hour for most basic meals and for less than a quarter of the cost of eating out. Over a month, replacing 8 restaurant meals with meals at home saves a huge amount of money. Just do the maths. I know that I can use that extra money to catch up on bills or grow my savings account.Keep Your Money SafeUncertain times are not a time for any ‘unusual’ or risky investments, unless of course you can afford to lose the money as well as your job. Don’t play the stock market. Instead, consider one of the higher paying online savings accounts. If you have money you do not need right now, shop around for good bank interest rates. In good times, bank interest rates do not seem very exciting. Right now, they can look pretty good.What about Re-training YourselfExamine your skill set. Can you take an online class, or a class at a local community college that will make you more attractive to your current or future employers? Computer and writing skills will always be in high demand. If you work in a technical job, is there some specialty you could train for and master that will make you stand out and make your current employer think twice before letting you go.It’s difficult but can you protect your income with some suitable Insurance.
It may seem silly, but this may be a good time to learn how to clean out the loft and cupboards (closets) and have a garage sale or operate an online auction such as EBay. I have known people who raised quite a lot of cash this way, all by getting rid of things they had accumulated but did not use. If the latest exercise equipment just gathers dust, somebody else may want to buy it! If you cannot fit into that designer dress or expensive suit, somebody else can. Clean out your clutter, and raise some cash!Examine Your Career GoalsIs your current job your dream job? Some people cannot imagine doing anything else, but most employees are fairly flexible. A period of unemployment can be a great time to grow if the unemployed person has prepared for a few weeks or month without a regular income.

What may help - I've written far more about getting a job in our Ebook Working and Employment in UK It is equally relevant to getting a job in other countries because the principles are the same with details of CV's, interview techniques and how and where to get a job.

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David

www.brit-immigration.com