I’m Unemployed. Now What?
Don’t Panic
I stumbled around the house for a few days shocked, confused and miserable. Why me?
I just couldn’t believe my company let me go.
I don’t deserve this. What am I going to do now?
Take it step by step and work through what needs to be done now, in the next week and over the next few months.
Get a Letter of Reference
It’s not too late. If you didn’t ask in the exit interview, do it now. Get a letter of reference, from your boss, your boss’s boss and other bosses you’ve worked with. Don’t forget coworkers, clients, vendors and your industry contacts.
- References should be people who have worked with you in the recent past.
- Help your references by giving them a list of your accomplishments, your resume and your relevant outside activities.
- Brainstorm with them on what you want the letter to say.
- References should only write what they know about you from personal experience.
- References should comment on your skills, attitude, qualifications and talents.
File for Unemployment
Unemployment is available to workers who have lost their job through no fault of their own. You can’t get unemployment if you quit your job or were fired for cause. If in doubt, file. You can always appeal your case if needed.
Most states have a waiting period based on when you file not when you lost your job. So the sooner you file, the sooner you will receive your first check. Depending on your state, you can file your claim online, by phone or in person.
Read "The Nuts and Bolts of Unemployement" from the Wall Street Journal for more information.
State Unemployment Websites
Explore Healthcare Options
If you had health insurance through your job, you should be able to purchase continued coverage under COBRA. The law generally covers health plans maintained by private-sector employers with 20 or more employees.* The Department of Labor has several FAQ pages about your rights under COBRA including information on the new premium reduction enacted as part of the economic stimulus package.
*Thirty-nine states have state continuation or "mini COBA" laws that extend coverage to employees in companies with fewer than 20 employees. Contact your state department of insurance to find our if your state offers this coverage.
Take Stock of Your Finances
Make a budget, get your finances in order, cut back, conserve and reduce. If you are unable to pay your mortgage, car payment, credit cards, contact the lender before you fall behind. You may be able to work out a new payment plan. You won't know unless you ask.
Stay Healthy
Job loss can affect your physical and mental well being so it’s important to pay as much attention to them as you do to your job search. If you need to get perspective on your situation and you can afford it, take some time before you start your job search.
Stick to a routine. Get up, get dressed and start your day. Drive the kids to school or take the dog for a walk. Schedule you day just as you would if you were at work. Having a schedule helps keep you on track and focused on the task at hand. Eat healthy, exercise and get enough sleep.