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Home > News > Career News > Article

Most Laid Off Workers Get Worse Jobs

More than five million American workers have gotten the proverbial axe in the past four years, according to figures from the U.S. Department of Labor. Only 65 percent of them have returned to work after losing a long term job. Of those, more than half take positions that pay far less than the job they lost.

What Can Be Done?


What can you do if you have received a dreaded “pink slip”, or been told that your services were no longer needed? In spite of reassurances that the economy is improving, the job market is still tight and difficult. However, there are ways of improving your chances of finding work, and moving up the ladder from the job that was lost.

Steps you can take to start a new job:


  • Improve your skills. The period of unemployment is a good time to expand your possibilities by earning a college degree. If you have a degree, consider earning an additional degree in a new field. According to the U.S. Bureau of Labor Statistics, workers with college degrees or professional are significantly more employable than those without.


  • Network. A job lead can come from a neighbor, a family member or a merchant with whom you do business. Let these people know you are looking for employment. When you enter a degree program, you’ll find that your school probably has a job referral service and that your instructors and fellow students are helpful as well.


  • Study the market. There may not be many jobs available in the field you just left. Consider earning a degree in a career where the demand is higher.




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