What happens when the working mom loses her job? This series will detail steps to work through your emotions, get back on the saddle, and come out on top.
Almost six months ago, I was suddenly laid off from my job of five years. In 18 years of working, I have NEVER been laid off (or fired). In a nutshell, I have ALWAYS worked. So, to say the least I was surprised and in shock.
Unemployment can be one of the most financially devastating, emotionally draining, and patience-creating challenges you will ever endure. However, with faith that this too shall pass, time to process what is happening, and a plan to turn things around, you will succeed again.
I wanted to write this series to address how women process unemployment (differently than men), how moms approach unemployment (differently than fathers), and how women of faith overcome unemployment.
The Working Mom Unemployed series will address:
- Why Did This Happen To Me?
- 5 Step Guide to Surviving a Layoff Financially
- How to Spend Your Days
- Where Do I Go From Here? (A Job Search To Do List)
- 4 Ways to Automate Your Search
- Find Your Way Out: Creative Solutions to Unemployment
- 7 Things No One Told You About Unemployment
As a working unemployed mom, what challenges are you facing?
Take a quiet hour and get all your thoughts down on paper. Let me know in the comments.
While the unemployment rate among women is lower than that among men, that is not the case among parents. In 2007, the unemployment rate for moms was 4.6 percent compared to only 2.8 percent for dads. Unemployment rose among both moms and dads in the ensuing years and in 2010 9.0 percent of moms and 7.5 percent of dads were unemployed. Women without children under 18 had a 4.4 percent unemployment rate in 2007 (compared to 5.7 percent for men) and in 2010 the unemployment rate was 8.4 percent (compared to 12.0 percent for men).
Getting a cash advance loan is a bad idea. You will only get deeepr into debt. As far as a personal loan goes, you may qualify, you may not. But I still don’t think it’s a good idea. You are creating another monthly payment for yourself and will probably end up ruining your credit. Plus, you mentioned you have credit problems already. You will probably have a high interest rate on this loan.Communicate with the people you owe money too. Explain the situation and see what options are available for you. You may be able to get on a percentage of income payment plan for your utility bills. This could help ease some of the burden. If you have a mortgage, you may be able to work out a repayment plan with them if you have gotten behind.
As at July 13 2011 The unemployment rate stnads at 7.7% down 0.1% over the quarter and 0.1% on the year.29.28 million people were in work in March to May 2011 according to the labour force survey (LFS).The number of people employed was 50,000 higher this quarter and up by 309,000 from last year. The working age employment rate is 70.7% unchanged on the last quarter and up 0.2% over the year. ILO-defined unemployment in March to May 2011 was 2.45 million (7.7%) down by 26,000 on the quarter and 23,000 on the same quarter last year. The claimant count for key out-of-work benefits was 1,520,100 in June up by 24,500 on last month and up 50,900 on the last year. Earnings growth over the year to March to May 2011 (including bonuses) was 2.3%.