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-   -   Hints for the newly or soon-to-be laid off (http://www.bikeforums.net/foo/488559-hints-newly-soon-laid-off.html)

Artkansas 02-06-13 12:45 AM

Quote:

Originally Posted by no1mad (Post 15033389)
The program is ending and the last week that will be paid for is week ending Dec. 29. From what I understand, even if you just start one of the EUC tiers the week before, the program will not pay beyond 12/29, regardless of the balance of funds available.

In a way, I was fortunate to have run my tier 3 out shortly before the new year. At least I got all the money.

Of course, now that I'm off unemployment, I guess I'm no longer officially unemployed. ;)

GP 07-24-13 10:42 AM

I'll be eligible to retire in six months but I'm too young to quit working. How far in advance should I send out my resume?

bigbenaugust 08-05-13 01:56 PM

Go take my old job:

https://stanford.taleo.net/careersec...jobdetail.ftl#

GP 08-08-13 04:01 PM

Quote:

Originally Posted by bigbenaugust (Post 15928258)

I'm not qualified. I don't have many job skills.

bigbenaugust 08-08-13 07:19 PM

Quote:

Originally Posted by GP (Post 15940550)
I'm not qualified. I don't have many job skills.

Well, apparently pasting links correctly is not one of mine. :)

go search for job number 60368 at stanfordcareers.stanford.edu.

GP 09-11-13 09:54 AM

Quote:

Originally Posted by GP (Post 15884044)
I'll be eligible to retire in six months but I'm too young to quit working. How far in advance should I send out my resume?

Well, that was easy. I sent my resume to three companies on 7/24, got a call from one about 10 minutes later and tentatively start on 3/1.

otg 09-11-13 10:00 AM

Nice! I lost my long term job on 2010, spent two years getting a degree and finally returned to work earlier this year. Not really a happy ending, considering the 30% pay cut, but could have ended worse. I'm thinking early retirement at this point, maybe in about 18 months. I'll be close to 59 then and the mortgage will be paid. Got to look at numbers a bit closer yet before I decide. Like you, I'll be looking into something part time then. Good luck!

CbadRider 09-11-13 10:06 AM

Quote:

Originally Posted by GP (Post 16054514)
Well, that was easy. I sent my resume to three companies on 7/24, got a call from one about 10 minutes later and tentatively start on 3/1.

Will you be the guy who works the nets on the bait boats?

GP 09-11-13 11:38 AM

Quote:

Originally Posted by CbadRider (Post 16054552)
Will you be the guy who works the nets on the bait boats?

That looks like real work. I doubt if I'd last a day.

Artkansas 09-22-13 06:24 AM

Quote:

Originally Posted by GP (Post 16054514)
Well, that was easy. I sent my resume to three companies on 7/24, got a call from one about 10 minutes later and tentatively start on 3/1.

What is 7/24?

RaleighSport 09-22-13 06:27 AM

Quote:

Originally Posted by Artkansas (Post 16091657)
What is 7/24?

July 24th I presume.

Artkansas 09-22-13 06:37 AM

Quote:

Originally Posted by RaleighSport (Post 16091665)
July 24th I presume.

Yeah, I just figured it out. Didn't know if it was a website I hadn't heard of or what.

RaleighSport 09-22-13 06:38 AM

Quote:

Originally Posted by Artkansas (Post 16091685)
Yeah, I just figured it out. Didn't know if it was a website I hadn't heard of or what.

LoL I got time to kill.. not light yet here figured I'd try and help ;)

eofelis 08-21-14 04:25 PM

Hmm...I just got told I will be laid off my job due to lack of work to do. Maybe just temporarily.
I'm not in a panic. Have money in the bank, been keeping the budget lean for a long time.
Gotta go see how to get unemployment benefits in this state (CO).

Looks like I'll be riding my bike more for a while.

Artkansas 09-08-14 09:25 PM

Quote:

Originally Posted by eofelis (Post 17058706)
Hmm...I just got told I will be laid off my job due to lack of work to do. Maybe just temporarily.
I'm not in a panic. Have money in the bank, been keeping the budget lean for a long time.
Gotta go see how to get unemployment benefits in this state (CO).

Looks like I'll be riding my bike more for a while.

Good luck in job hunting, this is that rainy day you've been saving for.

eofelis 09-09-14 08:33 PM

Quote:

Originally Posted by Artkansas (Post 17113315)
Good luck in job hunting, this is that rainy day you've been saving for.

Yep. It's been two weeks now since I left the job. I've been tremendously enjoying my time off. My UI payments should begin soon.
I'm not planning on working again for at least a few months.

Artkansas 09-25-14 07:57 AM

Quote:

Originally Posted by eofelis (Post 17116519)
Yep. It's been two weeks now since I left the job. I've been tremendously enjoying my time off. My UI payments should begin soon.
I'm not planning on working again for at least a few months.

Remember that your "sell by" date is 6 months after your last job. After that, employers tend to figure that you are damaged goods. :cry:

apclassic9 10-09-14 10:41 AM

Quote:

Originally Posted by eofelis (Post 17058706)
Hmm...I just got told I will be laid off my job due to lack of work to do. Maybe just temporarily.
I'm not in a panic. Have money in the bank, been keeping the budget lean for a long time.
Gotta go see how to get unemployment benefits in this state (CO).

Looks like I'll be riding my bike more for a while.

Yeah, head for ND.

eofelis 10-09-14 05:08 PM

Quote:

Originally Posted by apclassic9 (Post 17201971)
Yeah, head for ND.

The company I worked for has an office in Bismarck. But I have no interest in ND. Not desperate for a job right now. UI>expenses, and I have a large savings acct. I've been out hiking and biking in the nice fall weather for now.

Sangetsu 10-21-14 06:55 PM

A few years ago I lost my job without any warning. My employer filed for bankruptcy in the middle of the night, the day before payday. I learned about the bankruptcy as I was commuting to work. It is quite interesting to find yourself suddenly unemployed, especially when you have a mortgage, car payment, and credit card debts.

In my case, I did not file for unemployment benefits. In all my life, I have never believed in asking for someone else to pay for my misfortunes. It was not my fault that my company went bankrupt, but it was my fault that I didn't have a plan B in place in case such a thing happened. Our financial security is our own responsibility, just like our physical health.

I sold my car at a loss, I sold my house and broke even on my mortgage. For years I had worked very hard to keep my credit perfect. I applied for a new credit card with a balance transfer offer, and transferred all my my other credit card balances to the new card, which had a special rate of 1.9%. This lowered my minimum payments to a reasonable level. I moved into a one room apartment, and got a part-time job as a tutor.

I decided that I didn't trust working for anyone else anymore, and that I didn't want to be a wage slave for the rest of my life. I thought it would be a great idea to go into business for myself. As I had no savings and no net worth, I quickly opened a small line of credit with a bank. I drew a little money to set up a small retail website, and I began to sell things on this site. For more than a year it earned almost no money. I added to my income by painting houses and pressure cleaning driveways. The second year the website did better, and by the third year the income matched what I had earned at my former job.

While doing all of this, I met my future wife, who was a banker at a large financial institution. She helped give me the motivation to work harder, and come up with new ideas. My business continues to grow, though it does have difficult moments from time to time.

I now make several times what I used to at my old job. I have the satisfaction of creating something from just a simple idea, and watching it grow. There are times when business is difficult, and I miss having a regular job with few responsibilities, but on the other hand, I can now live in a home which was once beyond my wildest dreams. I have also been able to travel to places which I once could only read about, or see on tv.

My advice is to think of ways you can work for yourself. If it is landscaping, housepainting, dog training, or whatever. If you work smart, and hard (in that order), there are few limits to what you can do. It is daunting to be fully in charge of your own life, but it can also be very satisfying and rewarding. You simply need to go out and do it.

Artkansas 10-26-14 08:05 PM

Very inspirational Sangetsu.

AbsurdChalk 11-14-14 10:24 PM

Quote:

Originally Posted by Sangetsu (Post 17237994)
A few years ago I lost my job without any warning. My employer filed for bankruptcy in the middle of the night, the day before payday. I learned about the bankruptcy as I was commuting to work. It is quite interesting to find yourself suddenly unemployed, especially when you have a mortgage, car payment, and credit card debts.

In my case, I did not file for unemployment benefits. In all my life, I have never believed in asking for someone else to pay for my misfortunes. It was not my fault that my company went bankrupt, but it was my fault that I didn't have a plan B in place in case such a thing happened. Our financial security is our own responsibility, just like our physical health.

I sold my car at a loss, I sold my house and broke even on my mortgage. For years I had worked very hard to keep my credit perfect. I applied for a new credit card with a balance transfer offer, and transferred all my my other credit card balances to the new card, which had a special rate of 1.9%. This lowered my minimum payments to a reasonable level. I moved into a one room apartment, and got a part-time job as a tutor.

I decided that I didn't trust working for anyone else anymore, and that I didn't want to be a wage slave for the rest of my life. I thought it would be a great idea to go into business for myself. As I had no savings and no net worth, I quickly opened a small line of credit with a bank. I drew a little money to set up a small retail website, and I began to sell things on this site. For more than a year it earned almost no money. I added to my income by painting houses and pressure cleaning driveways. The second year the website did better, and by the third year the income matched what I had earned at my former job.

While doing all of this, I met my future wife, who was a banker at a large financial institution. She helped give me the motivation to work harder, and come up with new ideas. My business continues to grow, though it does have difficult moments from time to time.

I now make several times what I used to at my old job. I have the satisfaction of creating something from just a simple idea, and watching it grow. There are times when business is difficult, and I miss having a regular job with few responsibilities, but on the other hand, I can now live in a home which was once beyond my wildest dreams. I have also been able to travel to places which I once could only read about, or see on tv.

My advice is to think of ways you can work for yourself. If it is landscaping, housepainting, dog training, or whatever. If you work smart, and hard (in that order), there are few limits to what you can do. It is daunting to be fully in charge of your own life, but it can also be very satisfying and rewarding. You simply need to go out and do it.

I thought unemployment checks are your own money that has been taken out of your previous paychecks?

Artkansas 11-30-14 07:23 PM

After 4 years I've risen from unemployed to underemployed. :thumb:

nadal 04-15-15 03:33 AM

Quote:

Originally Posted by Mr. Markets (Post 7897723)
If you are getting laid off, there are a few things you MUST do:
1) file for unemployment immediately

2) recognize it is NOT you personally (unless deep in your heart you know you are a rectal hat)

3) begin job hunting IMMEDIATELY

4) accept that NO job is truly beneath you when it comes to survival money so file pride away immediately

5) do NOT depend on unemployment and think you will 'get a job' when it runs out, as it may run out
before you get a job

6) going off unemployment to work a temp job or interim job 'banks' your UI into the future, even
if the process can be a hassle. temp & interim jobs lead to more contacts, and more contacts
are what you need as they lead to greater chances for a permanent job.

7) tell ALL your friends you are looking -- most people get jobs thru referrals, NOT thru want ads or web sites

8) Human Resources is NOT your friend -- they are your obstacle. If you have a company in mind to work
for, get to the manager of the department directly. After all, the manager knows what is happening well
before HR ever will...

9) if you have an office-type job, try to keep your phone and voicemail active, and use that number
for messages when job hunting. looking 'employed' gives you more 'cred' than looking unemployed

10) modify your spending habits NOW. no lattes, no new clothes, no nothing. Food and shelter basics.
scale down spending as if you will not work for a year or more -- just in case...

11) stay active both physically & mentally. ride your bike, read books. enhance your skills where possible.

12) consider joining any groups that may have connections in your field like professional organizations

13) if you have excess 'stuff', now is the time to sell it on ebay or craigslist for extra cash

14) lean on your family & friends for support. don't go it alone -- you don't have to...

Over the years, I have been thru some heady recessions and watched the unemployed routinely violate
one or more of the above, only to find themselves out of cash with nowhere to turn. Rock bottom is not
where you want to be if you can avoid it.



BTW, Goldman Sachs is now forecast unemployment next year of 9%, a number I believe i had grouped
into posts here forecasting 8.5-10% unemployment next year. the Fed is claiming unemployment will be
less and growth will return in the min-next year time frame. i would not hold that up high, I believe we
will maybe get thru this by years end. government numbers are phoney anyway...

Thank for some great tips :)


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