4 Things to Do After Losing your Job

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4 Things to Do After Losing your JobGetting laid off from a job doesn’t mean you’re not talented or valuable. There probably are a lot of thoughts disturbing your mind but it’s also important to think that there are a variety of reasons why an employee has to be let go. In fact, some other companies might have been looking for someone exactly like you to hire. But instead of immediately jumping right off the bat to update your resume and submit applications, there may be other essential things you need to do to help you on your next career.

Take a look at some of the important things you need to do after losing your job.

Confront your emotions
Sadness isn’t uncommon after an employee has been let go. So, if you felt upset the very day you learned about the news, it’s okay. It’s okay to feel all the emotions - from sadness, to anxiety and panic and everything in between. Recognize these feelings and embrace the fact that it’s normal to feel this way.

However, if you’ve been having a problem dealing with these emotions, find ways to help you cope. Try to talk to a friend, family members, or join a group. Look for ways to feel better so you can overcome these negative emotions.

Instead of rushing to find another job, take this break as an opportunity to reflect and learn from your past job experience. It’s also a good idea to make a list of the things you’re good at, as well as the things you love and enjoy doing. Also reflect on your past achievements and accomplishments. This way, it’s easier to realize the areas you performed best.

The next set of list you should now include the lessons you’ve learned from your previous job. Reflect on your areas for improvement. What do you think are the things you still need to improve on to be better at your next job?

Take a look at your finances
If you have been dependent on this job and consider it as your primary source of income, it’s needless to say how important it is get your finances in check now that you’re no longer employed. Determine how much money you have to work with while looking for a new career opportunity without getting drowned into debt.

As you examine your finances, find out what adjustments need to be made on your spending. Maybe you need to do slight cuts on your lifestyle until such time you’re able to get back on your feet in terms of your financial health.

Focus on your personal development
Being unemployed at a certain point in time isn’t at all that bad. You can make the most of this time to invest in your personal development. Maybe you can join workshops or enroll in some online classes, read books or just anything that will help improve your skills so that you can do better in your next job.

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Alan Carniol

Alan is the creator of Interview Success Formula, a training program that has helped more than 40,000 job seekers to ace their interviews and land the jobs they deserve. Interviewers love asking curveball questions to weed out job seekers. But the truth is, most of these questions are asking about a few key areas. Learn more about how to outsmart tough interviewers by watching this video.