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The Weak Job Market Hits Home

On Friday, my husband got the telephone call we hoped would never happen--at least not now. He was informed by his Employer that his employment contract as a Computer Security Analyst with the Department of the Treasury was being terminated immediately.

My husband has been with the DOT for several years--was great at his job--but now is forced to join thousands of other baby boomers who are being forced to re-invent themselves.

The good news is he will finally be able to officially move to North Carolina. We've had a commuter marriage since we got married three years ago. Not having an official job is bad news, no doubt, but we are refusing to focus our attention on that.

Here are some tips we hope will help others in the same boat:

1. Don't Let Fear Control You
Some people opt to do nothing when becoming unemployed and instead just worry. It's appropriate to be concerned, but we know we have to start making the necessary moves to ensure our comfort and survival.

2. Never underestimate the power of networking
My husband is not a social networker but he has started a Facebook and Twitter page. It's important to talk with people who may be able to help you and follow any leads that come your way. Connecting with others will help you to get another job. Send out resumes, and keep your contacts alive.

3. Find emotional support
There are numerous groups for the newly unemployed, many with counselors and job coaching. You don't need to tough it out alone.

4. Don't spend too much time alone
You will need time to grieve to move on, but you can't find a new job if you remain isolated.

5. Consider starting your own business (my personal tip)
This may be the perfect chance to reinvent yourself and start a small business. But if you're going to go from being an employee to being an entrepreneur, you must be sure your heart is in it--meaning you have a passion for what you want to do. Also, you have to ask yourself where is the money going to come from for your initial business investment.

In my husband's case, he has been dabbling with real estate investments so now might be a good time for him to take a closer look at how he can make this a full-time endeavor.

We will survive!

Comments

Mitch said…
Sorry to hear about this, Bev, but you're taking the right attitude into all of this. Kind of like what we've talked about before with reinventing oneself. Good luck to the both of you.
Kathy W said…
Bev,

I'm so sorry that this has happened, but I know that with your energy, faith and optimism, you and Nate will land on your feet and it will be nice to have him in NC full time!

Kathy
Susan Adcox said…
The downturn in the economy has dealt some serious blows to several in my family. It sounds as if you guys are doing a good job of looking at the positives and dealing with the negatives.

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