Being unemployed can feel overwhelming, but it can also be an opportunity for personal and professional growth. By making the most of this time, you can set yourself up for future success. Here are eight essential things to do when you’re unemployed to stay motivated, productive, and financially stable.
1. Create a Budget
When you’re unemployed, managing your finances becomes even more critical. Start by reviewing your current expenses and create a realistic budget. Cut unnecessary costs, prioritize essential expenses, and look into any available financial assistance or unemployment benefits.
Money Tip: Consider tracking your expenses with a budgeting app to monitor spending and ensure you stay within your new budget.
2. Update Your Resume and LinkedIn Profile
Your resume and LinkedIn profile are your first impressions to potential employers, so ensure they’re up-to-date. Highlight your recent achievements, skills, and experiences, and tailor them to fit the roles you’re applying for.
Pro Tip: Consider getting feedback from a professional or using free online resume tools to ensure your resume is polished.
3. Learn New Skills or Enhance Existing Ones
Unemployment is an excellent time to learn something new or deepen your existing skills. Many online platforms offer free or affordable courses on various subjects, from technical skills to soft skills like communication and time management.
Money Tip: Platforms like Coursera, LinkedIn Learning, and Khan Academy offer free or low-cost courses, making it easy to stay competitive in your industry.
4. Network Actively
Networking can open doors to job opportunities that might not be advertised. Reach out to former colleagues, attend industry events (even virtual ones), and connect with people on LinkedIn. Be open about your current job search and show interest in their insights and advice.
Pro Tip: Joining professional groups and attending networking events can help you connect with people who may know about job openings.
5. Freelance or Take Up a Side Gig
While you’re searching for a full-time job, freelancing or taking on part-time gigs can help ease financial stress and keep your skills sharp. Websites like Upwork, Fiverr, and Freelancer can connect you with opportunities that align with your expertise.
Money Tip: Even small gigs can add up and help cover some expenses, plus they can give you fresh experiences to add to your resume.
6. Practice Self-Care and Stay Positive
Job searching can be challenging, so it’s important to care for your mental and physical health. Take breaks, exercise, meditate, and spend time with friends and family to recharge. Staying positive will keep you motivated and focused on your goals.
Wellness Tip: Make self-care a daily priority. A positive mindset will help you handle challenges and approach interviews with confidence.
7. Volunteer Your Time
Volunteering is a great way to stay active, learn new skills, and make a positive impact. It also shows future employers that you’re proactive and community-oriented, which can be attractive qualities in a candidate.
Pro Tip: Look for volunteer opportunities in your field to gain relevant experience that can enhance your resume and make you a stronger job candidate.
8. Set Daily Goals
Setting small, achievable goals each day can keep you on track. For example, you could aim to apply to a certain number of jobs, complete an online course module, or reach out to a new contact in your industry.
Productivity Tip: Breaking larger goals into daily tasks helps maintain focus and ensures that you’re steadily moving forward in your job search.