Sitting Ducks! Why you can’t afford to wait to get fired!

According to the Bureau of Labor Statistics: Employers took 1,570 mass layoff actions in February that resulted in the separation of 155,718 workers, as measured by new filings for unemployment insurance benefits during the month. Each action involved at least 50 persons from a single employer.

This has been our story month after month here in the US. During some months there are less being "let go" than maybe the previous month, but none the less, the unemployment rate continues to rise. As companies downsize or fold completely, workers are left with no place to receive that "pay check" we all need to put food on the table and a roof over our heads.

What do we do? Should we always be looking for another job, just in case? And then, if so, the stress levels of people will be through the roof.

But, just wondering day after day as we watch our long time co-workers get pink slips and be here today and gone tomorrow....isn't that still stressful?

Should we only be worried if the company is "letting people go" or "downsizing"?

And if a move is made to another company, what's to say the same thing won't happen there?

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Comment by HealthyWealthyDiva on April 2, 2010 at 1:58pm
The Biggest Financial Risk We Take Is When We Work For Someone Else...
Comment by Meli on April 1, 2010 at 1:43pm
I think one should have a profession, makes life easier. You can't allow yourself to get stressed out.
Comment by ryan noel on March 31, 2010 at 3:01pm
Juicykizzes,Most importantly live in THE BLESSING knowing that EVERYTHING in your life works for the good....even when it looks bad on the surface. It will ALWAYS be better in the end.
Comment by ryan noel on March 31, 2010 at 2:59pm
It is finally bit us in the rear.If we don't focus on the needs of amercia,we are going
to go under.
Comment by Tony on March 31, 2010 at 11:21am
I can attest to this mind-set. This is exactly what I did. I knew that my job was in jeopardy but I did nothing about it and when it happen all I had was 6 months of rent money in the bank. Well that was in October, now it is March and my money has run out and I have yet to find gainful employment. I have lost my apartment and car. Its tough out here, you always have to have a back up plan. No job is secure, long gone of the days of working @ the same place until its ti me to retire.
Comment by Juicykizzes on March 31, 2010 at 7:39am
Waiting to get fired is like waiting for your house to burn down or waiting to get into a car accident. These things are out of our control. We need to learn to live positive, keep your mind right, and create new ways to become financially free (there is no such thing as job security). Most importantly live in THE BLESSING knowing that EVERYTHING in your life works for the good....even when it looks bad on the surface. It will ALWAYS be better in the end.


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