Do You Experience Layoff Anxiety? You’re Not Alone

Sometimes, people lose their jobs because they underperform or break company rules. Other times, however, they fall victim to layoffs. Layoffs can happen when companies restructure, when businesses lack the revenue to retain their full staff, or when recessions strike. And if you’re worried about a layoff, you’re in good company.A good 48% of U.S.…

Do You Experience Layoff Anxiety? You’re Not Alone

Sometimes, people lose their jobs because they underperform or break company rules. Other times, however, they fall victim to layoffs. Layoffs can happen when companies restructure, when businesses lack the revenue to retain their full staff, or when recessions strike. And if you’re worried about a layoff, you’re in good company.A good 48% of U.S. employees experience layoff anxiety, as per a new survey conducted by The Harris Poll on behalf of CareerArc, with younger workers aged 18 to 34 more likely to fear a layoff than those 35 and over. These concerns exist despite the fact that unemployment rates are currently at a record low and the job market is overwhelmingly healthy.Woman holding box of office supplies, looking down, with two people sitting at a desk in the background.IMAGE SOURCE: GETTY IMAGES.Part of this mindset, however, might stem from past experience. An estimated 40% of Americans have either been laid off or terminated at least once in the course of their careers. Not only that, but 47% of U.S. workers say they aren’t prepared to handle a layoff.It’s the latter point that’s concerning, because the reality is that layoffs can happen even when a company is thriving and the economy is strong. If you’re not ready to deal with a layoff, here are a few steps you can take to better gear up for that possibility.1. Make sure your resume is up to dateHaving a current resume is o
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