Comments on: 6 Ways to Bounce Back From Unemployment

By: Michael Sorensen

Michael Sorensen — Sun, 10 Jan 2010 17:11:28 +0000

Personally, I believe that the unemployment rate is going to remain at around 9.5 percent throught out 2010 and the Republicans are going to take back a LOT of seats. What do you guys think, agree?

By: Rich Life Equals Better Life

Rich Life Equals Better Life — Mon, 04 Jan 2010 09:00:39 +0000

Rich Life Carnival #39…

Welcome to the December 28, 2009 edition of rich life carnival. Healthy Living Andrea Jackson presents gift basket for girl posted at BestGiftBasketsForMen. Personal Finance My Life ROI presents 6 Ways to Bounce Back From Unemployment posted at My Life…

By: The Katana: Don't Count Out The US Consumer! Week In Review 11/30 | Financial Samurai

Mon, 30 Nov 2009 09:02:27 +0000

[...] * “Six Ways To Bounce Back from Unemployment” is a guest post on MLROI written by regular, Roger of Amateur Financier. Roger provides some clarity in a situation that might razzle the best of us. Best of luck Rog! [...]

By: Acer Aspire One AOD250-1165: My Holiday Gift

Acer Aspire One AOD250-1165: My Holiday Gift — Mon, 23 Nov 2009 03:52:46 +0000

[...] 6 Ways to Bounce Back From Unemployment [...]

By: kenyantykoon

kenyantykoon — Sat, 21 Nov 2009 08:04:16 +0000

Or you can use the lemons that life has given you to make lemonade(sounds clichéd). What i mean is that if you have a lot of experience from the previous job, you can use it to start a business and give a hand at being your own boss. While this will require getting out of your comfortzone, i have a feeling that in the grand scheme of things all will play out to your advantage

By: Credit Card Compare

Credit Card Compare — Sat, 21 Nov 2009 07:17:20 +0000

All good advice Roger. The economy in the United States has taken a beating compared to here in Australia. However, your tips are all worth taking on board no matter where you are.

My advice, start networking online on places like LinkedIn.com where recruiters are constantly prowling around looking to recruit (and/or poach) good talent. I can definitely vouch for the power of networking.

Beginning the search for a new job (in most industries) can be a real long struggle so prepare yourself and try to maintain confidence in your own skills.

By: Finavigation

Finavigation — Sat, 21 Nov 2009 01:35:36 +0000

The Reinvent yourself suggestion is excellent and is the key to your long-term success. Getting laid off is an opportunity to go back to the drawing board, take a good hard look at yourself, and determine where exactly you want the rest of your life to go.

Were you really happy doing what you were doing? If so, great. Go out there and find yourself another job like the one you had. If not, figure out what you would love to do and pursue opportunities that get you closer to that. If you lay out a good career strategy for yourself, you’ll end up doing something you love and you’ll view this unemployment situation as a wake-up call that got you started on the path to living your dreams.

Your career is the biggest investment you’ll ever make… why not make it a good one?
Finavigation´s last blog ..The Basics of Building Wealth

By: Roger

Roger — Fri, 20 Nov 2009 22:42:03 +0000

Wow, what a good reception for this article. I’ll have to be sure to contribute more articles here soon.

@ Adam: Don’t get me wrong, finding a new job is important, but as I said in point 6, the first five are things that need to be done regardless of whether you’re planning to retire, go back to school or get another job. So, I still stand by the order shown here, although that doesn’t necessarily indicate their relative importance.

@kosmo: I can’t claim to know for certain how unemployment coverage affects unemployment stats, but I doubt it causes them to increase. Here in Pennsylvania at least, you can continue to collect unemployment even if you get a part time job (provided you meet certain income requirements) and are thus no longer ‘unemployed’ for statistical purposes. As a result, you have the incentive to work part time in order to maximize your income. Add in the fact that unemployment only pays a fraction of your previous income, and most people will tend to seek a new job just as eagerly as if they weren’t getting unemployment benefits.

@David, Craig and Financial Samurai: Thanks for the compliments; I tried to be as complete and thorough as possible.

@Health Insurance Providers: I remember that dealing with health insurance was one of the more time consuming parts of handling being uninsured, so I made sure to include it as one big thing to handle.

@Lovely One: I’m glad you liked the article; I imagine more than a few people are in the unemployment boat with us at the moment, so hopefully this article will help them handle their situation. You’ll have to let us know how your interview goes; hopefully, you’ll have good news to share!
Roger´s last blog ..So You Want to Invest: Getting More Active

By: Lovely One

Lovely One — Fri, 20 Nov 2009 19:27:15 +0000

This is a great article. I was laid-off about 2 months ago, and like your article states, I had to re-invent myself. I decided to take time off for school and get an internship. I am doing so well in my internship, that I have an interview on Monday to get hired in(My internship is actually not paid so this new job will be very helpful). I can not wait to interview and show my possible new boss what I am all about. I am going to spend this entire weekend brushing up my interview skills.
When you get unemployed really take a step back and figure out what the next step will be. Like the article states…Dont Panic

By: Health Insurance Providers

Health Insurance Providers — Fri, 20 Nov 2009 00:33:48 +0000

Great job mentioning the importance of keeping your health insurance coverage continuous because even canceling your health insurance and going without coverage for just one month can really do damage down the road as far as eligibility for HIPAA or getting ones pre-existing conditions covered right away with a new plan.