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Lost Job Because of COVID-19 Economic Slowdown? Follow These Steps to Get Your Next Job

Lost Job Because of COVID-19 Economic Slowdown? Follow These Steps to Get Your Next Job
May 28, 2020

Lost Job Because of COVID-19 Economic Slowdown? Follow These Steps to Get Your Next Job

May 28, 2020
Sonali Sharma

Sonali Sharma is a professional freelance writer. She has covered a wide variety of topics in her freelancing career right from web content writing to digital marketing and technical blog writing. She is also a published poet and story writer. Her works have appeared on online sites “Indian Periodical”, “Poetry Magazine”,“Indus Woman Writing”, “Psychside”, “Newsonline.media and 'Swarnim Times'. She is the co-author of anthologies “Woods of Rame”, “Whispers of Heart”, “Shadows of Soul”, “Fervour”, and “Shades of Ink”.


This century’s biggest pandemic COVID-19 proved to be a bane for the global economy. The once thriving remunerative ventures are facing a fiscal setback. As such, the strain of reduced salaries and even joblessness is causing pain in the shoulders of the bread-winners.
According to CMIE, the unemployment rate elevated from 8.4% in mid-March to the existing 23.4%. This also highlights the fact that job drought and stifled wages have also diminished customer sentiments and demands. 

In tune with this, Alokparna Das (46), Trainer in an NGO located in Bengaluru has to alter her lifestyle since her company slashed her wages by 25%. But, unfortunately for some this picture can be even more grim because of job losses. So, how can one obtain a satisfying job after the lockdown recedes? 
Read on to know more!

What is The Impact of COVID-19 on The Economic Domain

The small and medium scale businesses are the ones which have been impacted to the core. The disruption in their profit-making processes has resulted in:

  • Unemployment
  • Salary cuts
  • Altering of the workplace

Here is a say from the International Labour Organisation (ILO) following which there has been a loss of about 305 million jobs globally. Moreover, in India, around 136 million jobs are supposed to get affected, as per the National Sample Survey and Periodic Labour Force Survey.

Which Domains are Worst Affected

It has been found that the impact has not been the same for all the business sectors. Therefore, the following are the ones which are badly affected.

  • Aviation
  • Travel and tourism
  • Automobiles
  • Real estate
  • Manufacturing

Which Domains are Less Affected

The domains that have been less affected since they can involve remote working of the employees are:

  • Technology
  • Information and communication
  • Healthcare and medical supplies
  • Online retail
  • Transportation and logistics

What are the Steps to Follow to Get Your Next Job

1. Count on Your Network

You shouldn’t forget that “Everyone Knows Someone.” You too can look within your network and find out those jobs that are most appropriate for you. But how can you go about doing this? The answer is simple. Pick up those people from your network who can open doors to new jobs. 

Furthermore, you can:

  • Create a list of people you know.
  • Set an aim to interact with 3-4 people with whom you have not contacted for a year or so.
  • Recognise the 25 most influential people in your network and think of ideas for building long-lasting relationships with them.

2. Opt for LinkedIn for Maximum Outcome

LinkedIn is the right direction for you if you are thinking of entering into a professional world. Being a decade old and with more than 200 million operators, LinkedIn has the perfect air for building portfolios and gathering new jobs. 

While finding a job on LinkedIn, you have to:

  • Look for target market close to your industry
  • Also, look for people who are closely associated with your interests, qualifications, university, etc.
  • For instance, if you work in the textile sector, you can connect with all the powerful people and human resource departments in this industry.
  • Set vital goals like “I will connect with all the general and human resource managers in the textile industry by the end of this month”.

3. Connection With Alumni is Important

Alumni are the important assets of any industry or organisation. They have the capability to guide you and make your roots firmer in a work environment. More often than not, they are also the people who have something in common with you. Also, remember it will be best if these alumni are from your work industry. 

As such, you can:

  • Call the alumni in your area
  • Attend meetings and grow your network
  • You can even add three or four alumni per week through LinkedIn or alumni directories

4. Track The Job Boards

Job boards are indispensable tools for companies and recruiters when it comes to finding the apt candidate for a job profile. Few of the top job boards of 2020 have been:

You can utilize these platforms to:

  • Define your skills and upload your resume on them
  • You can select a catchy headline that attracts quick attention of the recruiter
  • Update your resume weekly to avoid getting buried into the piles of applicants

5. Stay Close to Headhunters

There are always some jobs for which advertisements are not published. In such a scenario, job positions are filled through prior experience. Headhunters play a major role in such scenarios. They can help you in an exclusive high-level professional recruitment at one go. 

Besides this, there are various other reasons for staying close to headhunters. These are:

  • Your time gets saved
  • They help you in understanding the process
  • Networking can be done on a wider-scale
  • More accessibility to increased job opportunities

6. Excel With Mock Interviews

For any candidate, the interview process is the big final step before achieving his or her dream job. That’s why preparing for it beforehand can boost morale and decrease the stress level. 
Carry out a research to know about the company of your interest and prepare accordingly. While getting ready for an interview focus should be laid upon three things:

  • Experience
  • Confidence
  • Expertise

Moreover, when you are researching, keep in mind the “70% Principle”, which states that if you want to be happy with your next job, look for the one for which you are now 70% qualified. The 30% for which you are not qualified will be responsibilities which will help you to tap on your talents. And if you feel excited when you read the list of responsibilities, then you are heading in the right direction.

Conclusion

Opportunities often fly your way and you have to do your best to get a fine hold over them. With many avenues to pursue out there, you have to settle for the one that fulfils your pocket and motivates your days. Start preparing for your next job by following the above-mentioned steps and land up a profitable job soon.

Good Luck!

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