the overall economy has been recovering. You shouldn’t worry: If, after your search, you discover that your industry’s financial state is solid, that’s a sign that your job is probably safe. Search for terms like: “Current unemployment rate in ,” or “ economy in 2021.” That will lend you some clues on whether or not you should be prepared for a potential layoff. To ground your fears in reality, do some research on the state of your industry, as well as your country’s economy. But this can be hard to gauge, as not all companies are transparent about their finances. If the general financial state of your company is bad, it’s reasonable to worry that you might get fired or laid off. When you look at the data, it’s hard to imagine not being at least a little concerned. Many organizations were impacted by the pandemic, general unemployment went up, and young people were disproportionately affected. People between the ages of 16 and 29 represented less than one-fourth of the workforce in 2020, and yet they still accounted for one-third of the rise in unemployment during the first quarter. You should worry: 2020 likely increased your fears surrounding job stability. What’s the general financial state of your organization, industry, and economy? Here are some questions that will help you determine whether or not your fears are grounded in reality, specifically when they surround losing your job. The key is to find a balance, and to do this, you need to create enough distance from your circling thoughts to see things clearly. When we focus too much on the worst-case scenario, we lose our sense of reality, which can impact our relationships, productivity, and mental health. Being prepared for a variety of different possibilities and outcomes, like getting fired or laid off, is probably a good idea.Īt the same time, too much worrying, to the point of catastrophizing, can be dangerous for you and your career. And as I’m sure you’ve heard, we are living in a very unpredictable world. Worrying about your performance can often encourage you to improve and learn. My advice for you is this: First, know that worrying is not necessarily a bad thing. For millennials, that multiple increases to four. Gen Zers are three times more likely to experience anxiety-related symptoms at work. According to a 2019 study, younger generations are struggling with anxiety at work at higher rates than their predecessors. If you’re just starting out in your career, it’s likely that you worry about these things too. Exceptional achievers tend to worry more than others - about failing, disappointing others, not meeting their own high expectations, and yes, even losing their jobs. And Leonardo DiCaprio has said he’s worried about the future of his career. Serena Williams has shared her experience with self-doubt and anxiety. Elon Musk has talked about the “terrible lows and unrelenting stress” of his work and life. What do Elon Musk, Serena Williams, and Leonardo DiCaprio, have in common?īesides the fact that they are all wildly successful in their fields, they are all also big worriers. But if you’re a pessimist who always expects the worst, take your fears of getting let go with a grain of salt. What are your own personal biases? If you’re an optimist at heart and you still have a gut feeling that you may lose your job, this may be a realistic worry.
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