In today's tough economy, you need to be prepared. Remember the old adage: the last hired is often the first fired. Visit our Suddenly Downsized section for some ideas on what to do if the economy goes south and you get laid off in a few months.
- Did You Know...?
As of June 2003, the unemployment rate was 6.4%. You can get updated unemployment statistics at the Bureau of Labor Statistics Web site, www.bls.gov .
- Helpful Hint...
If you think you may be in danger of losing your job due to the tight economy, Unifi Network, a subsidiary of PricewaterhouseCoopers offers three steps to take: find out if your company has a severance plan in place; figure out if your are eligible; and figure out what your severance payment would be (typically derived from a formula with minimum amount plus years of service).
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|What If I'm Laid Off?|