Wednesday, April 16, 2008

Career Reentry after Recession

Between General Motors and Delphi Corporations, 47,600 hourly/skilled workers have accepted buyouts or early retirement in exchange for financial packages ranging from $35,000 to $140,000. Large scale workforce reductions like this are not good for families and don't do much to inspire workers' confidence in our economy.

Unfortunately, many people will initially perceive these changes as losses and not necessarily see all the options available to them right away. Although it will be difficult, the fact is, I know several people, and we probably all do, who were laid off, downsized or furloughed who ultimately thought it was the best thing that ever happened to them.

Here are some options to help you or someone you know survive a layoff from the Auto industry:

1. Stay positive
2. Go back to school
3. Train or Teach
4. Volunteer
5. Look for related "Green" jobs
6. Relocate for similar jobs
7. Expand options and look across the transportation sector
8. Read and learn as much as you can about effective job search strategies in a competitive marketplace.
9. Start a business
10. Buy a franchise

As you consider the changes ahead, read the blog entries for 11/1/07 to 11/30/07 for step by step instructions to move towards career satisfaction.

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