Downsized - Can’t Find Another Job? Make Money While You Hunt For Your Next Job

by New Article on June 30, 2009

Have you recently been made redundant?

And since then, have you discovered how extremely difficult it is to find a new situation in this depressed economy?

Current Condition

If so, you have lots of company. Since the beginning of the recession in December, 2007, at least 5.7 million jobs have been lost. According to the AP, taking into account the May 8th publication of the April, 2009 unemployment numbers:

* 13.7 million people were out of work in April, 2009, and that was the biggest amount since 1948
* 539,000 jobs were lost in the month of April
* 8.9% unemployment (the highest since September, 1983), but if part-time and other workers who’ve just given up, are included, that amount jumps to 15.8% - the highest since 1994

If you’ve been out of work for more than a month, you may be feeling frustrated, furious, depressed, or maybe even a little panicky as you watch the pages of the calendar turn, with still no job prospects. You’re probably also concerned about longer term issues such as figuring out how to send your kids to college or fund your retirement.

There are basically three options in this situation:

1. Panic
2. Keep doing what you’ve been doing (the same things that haven’t worked for you), or
3. Try something new

Option 1: Panic

The first option, panic, is entirely counter-productive, and should be avoided if at all possible. A little worry is an excellent motivator; it can increase our alertness and energize us for the actions that have to be taken. Panic, however, overloads our system, resulting in fuzzy thinking, confusion, fatigue, and gets us nowhere.

Option 2: Continue Doing What You’ve Been Doing

If your previous actions had been profitable for you, you wouldn’t be reading this article now. If you persist in doing the same old things, you will only get more of the same.

I don’t know about you and your industry, but people in my industry - good people - have been unemployed for more than six months, unable to find a job similar to their previous one; or even, any job at all. After thoroughly answering help wanted ads and submitting lots of resumes, what results have they realized? Zilch, nada.

My friends are not even receiving preliminary callbacks - and that’s even when they can find jobs that are still open in the first place.

Option 3: Try Something Different

The third choice - do something new - seems to be the only plausible way out. But this option is so wide open, where to begin?

I suggest you consider starting your own business.

* Let this be the final time that anyone will ever lay you off, or outsource your job.
* Let this be the final time that you have to forfeit quality time with your family by bringing work home, working weekends, or having to travel much more than you’d like.

Become your own boss! Start your own affiliate business!

The home-based business industry accounts for about $427 billion annually and provides many tax benefits, more control over your time, your work, and your future financial security. Basically, you’d be applying the Law of Large Numbers to your individual situation, much as insurance companies apply it to minimize losses resulting from damage to your home, your car, or other personal property. They spread the risk of loss across a huge number of policyholders.

If you start an internet business, you could be spreading your recessionary risks across millions of prospects, multiple geographic regions, and even, numerous countries. Thus, you would also be increasing the stability of your new revenue streams and increasing the likelihood of ensuring your family’s financial security.

If you would like to earn while you look for work, check this out: legitimate internet business.

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