Getting laid off and having a hard time getting a job, this is how to survive

Jakarta, – Deindustrialization which is becoming more evident is shown by the increasing absorption of labor in the informal sector, and the declining contribution of the industrial sector to GDP. What’s up with those currently affected by layoffs?

Not long ago, economist Faisal Basri said that even though unemployment is falling, job creation is getting lower in quality. This is indicated by the increase in the number of informal sector workers, which reached 60% of the total workforce in Indonesia last February.

As for the causes of deindustrialization itself, technological developments are also not spared because technology can reduce the need for labor in the manufacturing sector.

So what can someone who is a victim of layoffs due to this phenomenon do, and they are also experiencing serious financial problems? Here’s the review.

Remember, income comes first

If you still have emergency fund savings left, you might be able to live frugally and take a break before starting your search for a new job.

But if you don’t have any savings at all, then income is the main thing that you have to get in a short time. Use whatever you have to earn income.

Let’s say you have a vehicle, you can register yourself as a driver or courier online and so on.

Contact your colleagues or former colleagues for information about available job vacancies.

Under these conditions, you will not be able to choose the ideal job in terms of salary. If there is a job offer that pays less than 30% of your previous salary, accept the job so you can recover your finances.

Disburse BPJS Employment JHT if necessary

Disburse BPJS Ketenagakerjaan Old Age Security (JHT) immediately if you don’t have any savings. JHT money will function like an emergency fund that is intended to cover your living needs every month.

Be wise in managing finances in situations like this. Reduce spending that is desire or lifestyle, and focus on basic needs and mandatory.

Always remember that JHT BPJS Employment money can also run out if you don’t get a job.

Check your debts

Debt installments which are passive expenses that must be paid every month. Any delay in paying off debt can of course result in fines which can increase your expenses in the future.

If you intend to pay off debt when you lose your job, like the artist Andhara Early, paying off a mortgage, make sure you have enough savings.

If there are no savings, then negotiate with creditors so they can provide debt relief for you.

Study and study

The world will continue to grow, so will technology and business. Without development in ourselves, especially in terms of knowledge, skills, and so on, then the job opportunities that we can get in the future will also be less.

Take advantage of the free time to learn new things while you look for a new job for your finances.

[Gambas:Video CNBC]

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