Unemployment: Month Two Begins

Where did August go? This is a question I ask EVERY August, but this August the disappearance of the month had more significance than the typical summer conclusion. As you know if you’re a returning reader, I lost my job the first week of August this year. I showed up at work one day and was told it just isn’t working out, was given a month’s severance, an amicable parting, and I was one of the 6.2% of Americans out of a job. Going through the five phases of unemployment has been challenging for me as I sit and apply to job after job with nothing panning out yet.

I’m still keeping my chin up… after all, it has only been a month… but looking at my bills piling up and my measly unemployment check I know I have to find work stat. The way unemployment works where it penalizes you if you get a temp job that pays less than your previous job is really unfortunate. In fact, instead of encouraging unemployed individuals to work part time while seeking full time work, it effectively says that you will lose your benefits if you take on any work that isn’t equal to what you were doing before, at least in terms of pay.

That said, $1800 a month, pre-tax, is not going to cover my fancy lifestyle… you know, the one where I pay 1/2 of a $2350 one bedroom, 850 square foot apartment in the Silicon Valley suburbs… and $400 for COBRA… and $100 for car insurance… well, there goes all of the unemployment money and then some. In many regions unemployment income at least covers all the basics, but here it barely covers my rent. I really need work, stat.

Unlike last time I was unemployed many years ago, just a few years out of college, this time around at least I’m landing interviews. But they aren’t going anywhere. I am struggling to get past that interview stage, mostly because my experience isn’t focused enough. I’m really not sure what to do – other than keep applying. I’d like to freelance and build a consulting career – but to do this I will basically have to give up my unemployment income and likely earn less w/ self-employment tax and such on a few small gigs until I can get enough work to support myself.

In order to freelance successfully I’d need to bill $150 per hour and work 40 hours per week, with a little wiggle room for weeks without 40 hours of work. That actually is somewhat doable – I can bill $100 per hour to start and raise it as I build my portfolio of happy clients. I’m currently designing two friend’s small business websites (for free) to get some samples for a portfolio to show both my copywriting and design chops. But basically I’d want to get to the point where I was making $100 – $150/hr and working 40+ hours per week. If I could do that life would be perfect.

However, right now I’m focused on applying to FT jobs and seeing if I can land any that I’d want to do… all while building up a portfolio of design and copy work so perhaps I can get some actual paid clients when my unemployment runs out, if I don’t have a real office job by then.

(Visited 26 times, 1 visits today)

Related Posts:

19 thoughts on “Unemployment: Month Two Begins”

  1. Wow…I’ve read your blog regularly (and have commented occasionally) but usually check in about once a month…so I think I just missed getting the news last time. I was let go from positions five times between 2000 and 2010–although have had the same job since 2010–so I’ve definitely been there. Sounds like you are handling it better than I did the first time–I became very depressed and stopped paying bills, didn’t try to look for work, etc. With subsequent layoffs I became smarter and fought back much more quickly–but it took me a long time to recover from the first layoff because I spent too much time moping around and didn’t take action.

  2. One other comment–I’ve generally found that the first month or six weeks of a job search is about sharpening one’s interviewing skills. It can take time to learn best how to present oneself both in terms of what one wants to do next, what abilities one brings to the job, and how best to explain the departure from the previous job. I find this usually takes multiple interviews–and this is also why I don’t do well on interviews when I have a job (not enough time to sharpen the interviewing skills). Are you getting in person or phone interviews? An important milestone in any job search for me is when I start getting invited for extended in person interviews as opposed to just quick phone screenings. But of course everyone’s job interviewing experience is a little different πŸ™‚

  3. Greetings Joy, I wish you the best in your job search. Finding another job that at least pays what you made previously is difficult to come by these days. Hopefully you are debt free. If not and repayment becomes impossible you may want to check out my Ebook at http://www.theartofdebtguerrillawarfare.com. Tactics exist to successfully NOT repay private student loans and credit card debt.

    Sincerely, Thomas McFreeman

    Author β€œThe Art of Debt Guerrilla Warfare, how to beat debt collectors when your back is the against the wall”

  4. It is really hard to find a job that pays equal or better than your previous job in this recession period. One can only wait for the right opportunity while remaining optimistic in job hunt process.

  5. Hey fantastic website! Does running a blog similar tto this require a large amount off work?
    I have absolutely no knowledge of computer programming however I had beeen hoping to start myy own blog soon. Anyhow, if you have
    any suggestions or tips for new blog owners please share.

    I understand this is off subject howeever I just had
    to ask. Many thanks!
    Licensed-Investigator recently posted..Licensed-Investigator

  6. I create a comment each time I especially enjoy a post on a website or if I have something to add too the discussion. It’s caused by the sincerness displayed iin the article
    I browsed. And on this artile Unemployment: Month Two Begins | Her Every Cent Counts.
    I was actually moved enough to drop a comment
    πŸ™‚ I actuaqlly do have 2 questions for you if you do nott mind.
    Is it just me or dos it look as if like a few of
    these comments appear liike they are writteen by brin dead individuals?
    πŸ˜› And, if you are writing at additional online social sites, I would like to follow you.

    Would you make a list the complete urls of alll your shared pages like your twitter feed,
    Facebook page or linkedin profile?
    Tutoring Miami recently posted..Tutoring Miami

  7. You share interesting things here. I think that your website can go
    viral easily, but you must give it initial boost and i
    know how to do it, just search in google – Omgerido’s traffic method
    Tanesha recently posted..Tanesha

  8. I have to thank you ffor the efforts you have put in writing this site.

    I’m hoping to see the same high-grade content from you later on aas well.
    In fact, your creative writing abilities has inspired
    me to gget myy very owwn blog noww πŸ˜‰
    Deloris recently posted..Deloris

  9. If yoou are going for most excellent contents like I do, jyst pay a quick visit this website every day because it gives
    quality contents, thanks
    Neal recently posted..Neal

  10. naturallly like your web-site but youu need to test the spelling on quite a few of your posts.

    Many of them are rife with spelling issues and I find it very troublesome to
    tell the truth then again I’ll surely come again again.
    Sophia recently posted..Sophia

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge