Help, I lost my job
Here’s the reality of the workplace today. You can work very hard, prove yourself time and time again, and still lose your job. In other cases, people work every day, not missing a shift, only to find themselves being laid off. “It’s just a business decision.” “Don’t take it personally.” It feels personal, though.
Unemployed Individuals Per Job Opening
Many men and women face job loss at least one time during their adult lifetime. In October of 2018, a time when most people would say the U.S. economy was doing well, there were still millions of people without jobs. In August of 2018, there were 6.23 million people in the United States who were unemployed and wanted a job. In October, 5.71 million people left their jobs or lost their jobs, according to data from the U.S. Bureau of Labor Statistics.
What does it all mean? You are not alone in losing your job. It happens to many men and women. And, there’s a bit of good news, too. During that same report, there was reporting of 7.3 million job openings in the country. If you lost your job, you can find a new one. That’s reassuring to anyone who is in this very difficult situation at the moment.
Talk to a licensed HomeGo agent today.
Job Loss Happens to Everyone
Your first step in facing job loss head-on is realizing that it isn’t the end of the world for you. Even if you have been with the same employer for years, you still have the ability to get a new job. That sounds simplistic. However, in those days after you lose your job, the fear of what it means to yourself and your family can be overwhelming. It doesn’t seem real. It happens all the time.
It’s important for you to recognize this. Once you overcome the thoughts that the job loss was unfair, unjust, or simply wrong, you can then begin to work on yourself and pushing forward. People lose their jobs for many reasons.
The goals set by your employer were difficult to reach due to numerous other obligations.
Your employer moves across the country or even across the globe to be able to reduce their office costs.
Your role in the company and/or experience no longer aligns with the goals of the business.
Your job was eliminated by modernization, technology and/or updates to processes and procedures.
Whether changes in the job duties or a decrease in ability, you cannot provide the skills your employer needs.
Job Loss & Your Mortgage
It’s easy to worry and fret. You may be lost in your thoughts about what to do. However, you have to pull yourself together and realize what is happening right now. With job loss, mortgage holders need to be proactive in order to protect themselves over the long term. If you want to remain in your home, you have to make payments on your mortgage. That means getting into a new job.
While tough to do, you have to realize that this is the challenge you are facing right now. With the right tools and resources, you can overcome it.
You Have the Ability to Find New Work
Remember those 7 million jobs that still need someone to do them? You have what it takes to find a new job. That’s good news. That should give you some confidence in knowing that there is hope for you to find a new job.
Let’s set the bar higher than that, though. Instead of just finding another job, why not seek out a better job, one that offers you more of what you want and like and less of the frustration and stress that typically comes from the work you do. The key here is that you have the ability to find something you really want to do now whereas you may not have been willing to do that before now.
Focus on The Future
Focus on the future. Find out what your options are for putting this job loss behind you so you can accomplish big things in the coming months. It’s an exciting time for many who lose their job, as strange as that may sound.
Sure, you are facing a challenge. You are an unemployed mortgage borrower who needs a job. Ask yourself what this means for you right now.
Are you ready to find a job in the current field of your experience?
Do you want to find a job that offers you a new opportunity?
Do you want to do something brand new or different?
What do you want to be doing in the next 5 years?
Are you interested in finding a job in a company you’ve always wanted to work with?
HomeGo Can Help.
For many people, selling their house in as is condition is the simplest, most straightforward solution to job loss.
HomeGo is the nation’s largest home buying company, and we’re bringing professional experience, transparency, and assurance to homeowners who want an easier way to sell.
Check out more of our information on job loss.
Bankruptcy is one of the most difficult decisions to make for most people. The situation of being an unemployed mortgage borrower is even more serious. It’s essential to…
A mortgage is a financial responsibility like no other. It’s a contract, one you need to ensure you always meet the requirements to even if you are facing a lost…
Losing a job is a difficult thing. Not only does it mean being an unemployed mortgage borrower, but it also means making an emotional change. Why did you…
Your situation isn’t getting any better, and you’re worried – even terrified – that you cannot make the next month’s mortgage payment. Even if you get into…
What does it mean to you to get out of your home? At some point in job loss mortgage debt repayment just does not seem possible. While other opportunities exist, there comes…
You love your home. You want to remain in it long term. When it comes to job loss mortgage payments have to be a top priority in this situation. That is, you simply cannot…
It’s day one after you’ve lost your job. What are you doing right now? You may be working through the help wanted ads and wondering about how to get…
You faced your boss and found out you wouldn’t be working for your company any longer. Most likely, you did a lot of wondering, worrying, and working at…
The first step in the process is to focus. Losing your job is difficult, but it isn’t something that has to stay that way. You can get another job. Most people will lose…