(By Cathie Gandel and Hilary Sterne) Banks tank, stocks plunge, companies limp, jobs disappear—whether you're the CEO at Circuit City or the salad spinner at Applebee's. And experts predict that the waves of unwelcome economic news will keep cresting and crashing all year. Nearly 2.6 million jobs disappeared in 2008, the worst annual drop since World War II. Hourly employees are working (and making) less. The new unemployment rate: a whopping 7.2 percent. Right now, if you count part-time workers and people who have simply given up on finding a job, the number balloons to 13.5 percent of the U.S. population. People who don't have jobs, of course, tend not to have money. People without money buy fewer things. Less spending means more businesses lay off more people … and, well, you can see where this is heading. With so many people looking for so few jobs and trying to navigate rules and resources that are constantly changing, you need help. We've gathered the latest advice from the professionals (human resources experts, career coaches, and headhunters) and visited an endless procession of websites (the topflight as well as the bottom-feeders). We interviewed job seekers across the country and hooked them up with free personalized help from the pros. (And if that's not enough, there's still more help for everyone, job or no job.) The Losing a Job section covers warning signs and ways to rethink your career. The next section, Finding a Job, offers practical tips for every aspect of a job search. Next month, we'll tell you how to care for your career. Whether you're in a cubicle or a corner office—or, at this point, would settle for either—this handbook is definitely help wanted. |
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