How to Deal with Layoff Anxiety

How to Deal with Layoff Anxiety

Many Americans are anxious about their job security, and research shows that one in five employees admit to experiencing anxiety during this economic climate. Unemployment rates are up, and the U.S. economy is contracting due to increasing inflation and looming recession. But when times are tough, how do you cope with a rapid job loss or fear of losing your job? According to Jordan Sudberg, nearly 80 percent of American workers are scared about their job security and spend at least some time feeling anxiety during their workday. That anxiety significantly affects your ability to concentrate, as well as your motivation and attitude about your job.

In an effort to combat the fear of losing your job, Dr. Jordan Sudberg, a pain management specialist, offers a few tips to help you cope.

1. Deal with the uncertainty before you advance

Try not to dwell on any negative thoughts while they are still fresh in your mind. Instead, focus on the fact that you should try your best at each job. If you were not the most efficient employee, think of the positive aspects of the job and how it helps others — possibly helping someone else in need.

2. Focus on your strengths and past achievements

When stressed about job security, it is important to focus on your strengths and past achievements. You can use the work skills acquired through training or experience to help you think positively while insecure.

3. Have a layoff backup plan in place

Think about what you would do in case of a layoff. If possible, start a side business or another job. Even if you do not get laid off, you will feel much more secure in your current job, knowing that you have something to fall back on.

4. Use positive self-talk

If thoughts of losing your job cause anxiety, use positive self-talk as a coping mechanism. Positive self-talk has been shown to lower stress levels, eliminate bad feelings, and motivate you to work harder. The key is to use actionable words that you have control over.

5. Reach out to people who are supportive and positive

Having personal and professional support groups can help reduce anxiety in your life and make coping with layoffs easier.

6. Be financially prepared

Financial preparedness provides a sense of security and reduces stress in the event that you experience job insecurity. Even if you do not want to give up your regular job, you can pursue an interesting and fulfilling part-time activity. For example, you can pursue a side project or a freelance job within your field.

No matter the outcome of the current economic recession, it is important to continually improve the quality of life continually. Job security will always be something we have to deal with at one point in our lives. Jordan Sudberg believes that the best way to cope with job insecurity is to develop a layoff backup plan and surround yourself with supportive people. This can reduce anxiety and depression that could negatively impact your performance at work.