Job Loss Crisis: How to Prepare for the Unexpected
Job insecurity is as old as time itself. Leaf through the pages of history and it is replete with stories of kings and queens who underwent extremely violent and bloody struggles to first secure the crown and then protect it from siblings, cousins, Uncles, neighbours, and other rivals. Nearly everything that the kings and queens did was to keep their subjects happy and thereby, protect their position as the rulers of the land. Fortunately, in the modern world, we don’t have to resort to violence to keep our jobs. But job insecurity is real, whether you work in the same organization orwork in multiple companies throughout your career. The possibility of losing your job overnight is a worry common amongst employees, especially those in the highly competitive private sector. Which brings us to the COVID-19 pandemic. Widespread employment followed the pandemic as it put an end to any notion of job security that there might have been. Entire economies were shut down and even businesses prev