The coronavirus recession is the worst we’ve seen in a long time, with unemployment exceeding even the figures from the Great Recession of 2008-09.
If you’re going through a hard time in your career, you’re not the only one. Millions of Americans are suddenly out of work, and those still holding jobs are seeing their workplaces undergo major changes.
Business Insider has written the ultimate guide for career success during the recession, designed to help no matter what stage of your career you’re in.
We’ve collected expert advice for everything you might be facing during this challenging time, be it job hunting, career changes, caring for your mental health, or asking for a promotion.
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The coronavirus pandemic has turned a job seeker’s market into a period of joblessness for many Americans.
Major companies such as Boeing and IBM have laid off thousands of workers. And for those who have jobs, the future is still uncertain.
It’s been nearly a century since we saw a recession this serious. In June, the unemployment rate was at 11.1%, down from the 14.7% peak in April but still well above the 10% rate in the worst days of the Great Recession.
In New York, Los Angeles, and other major cities, the unemployment rate is near 20%. And the pandemic has led to the worst GDP slump in US history, with GDP falling at an annualized rate of 33% in the second quarter.
This will test people in every sector of the economy, including workers suddenly out of a job and those beginning to worry about the security of a position they’d perhaps taken for granted.
Though it may not be ideal, it’s still possible to find professional success during an economic downturn. Business Insider collected the best insights from career experts and successful professionals across industries to guide your career through this recession.
Click through the table of contents to get to the section right for you, or just read on through.
Table of Contents: StaticWhere to start if you’re out of work
It’s never easy to be out of a job, but there are steps you can take to help you land on your feet.
Your professional network is probably more willing than ever to help you right now, so don’t hesitate to message your professional contacts and ask for career advice.
David J.P. Fisher, the author of several books on sales and networking, suggests posting on LinkedIn three to five times each week to build up your personal brand. He recommends sending an email to connections, updating them on your career and how they can engage with you.
When reaching out, don’t be afraid to acknowledge the situation at hand. LinkedIn career expert Blair Heitmann recommends using this opening line: “First and foremost, I want to ask how you are doing. This is certainly an unprecedented time, and I hope you are healthy and safe.”
If you’re unsure how to proceed from there, you can refer to this template …read more
Source:: Business Insider