The economic downturn has made for a tough job market, not just here in Plano but all over the United States. No job in a certain sector or at a specific level of education can protect you from layoffs, so SR&ED scientists are just as likely to need career help as auto workers. If you're one of the many people who has recently and found themselves without work, turn to this article to help you get an idea of what to do next. Above all, remember this: don't panic! Things will turn out okay. You'll see.
Step 1: Safety Net
Our country has a built in safety net to catch people who have had their job suddenly whipped out from underneath them for reasons beyond their control. It's called Employment Insurance, and applying for it should be your first move. Within a few weeks you should have financial help with buying cloth diapers, food, and meeting your car payments. If you don't qualify, you'll need to fall back on your own savings or assistance from your family. Never be ashamed to admit you need help.
Step 2: Tighten Belt
While you're between jobs and living off your savings or Employment Insurance money, you won't be able to afford the lifestyle that you're used to. Cut corners wherever possible to save money to give yourself more time to find a new job. Consider selling your expensive car and buying a cheaper one, selling your house or condo and renting a cheaper apartment or living with friends. Eliminate luxuries from your budget like entertainment and cancel premium services like satellite TV. If you're still coming up short, you might have to look into how to sell used jewelry.
Step 3: Network
Your friends, former coworkers, family, neighbors, and acquaintances represent your best pipeline into a new job. Ask them to keep an ear out for any open jobs you might be able to apply for. Put your name in at all the local job banks. Post resumes and profiles online at places like Monster or Workopolis and don't be afraid to apply for jobs, such as concierge at Square One Condominiums in Toronto, that would require you to relocate. If you can get a job it's worth it.
Step 4: Branch Out
If you're having trouble finding a job in your original field (perhaps designing front license plate brackets for an auto maker) consider retraining to enter a new field or accepting a lesser position until you can find a better one.
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