My Opinion About The Growing Unemployment Storm

First, even in today’s modest 10.2% unemployment, many high performing executives are seeing fewer opportunities, receiving fewer recruiter calls, and seeing entire industries shrinking.

There is an old saying, “Hope for the Best. Prepare for the Worst.”

There are three major choice that people can make.

Choice 1: Don’t change a thing. Assume all will be well and soon resume to normal. Be positive.

Choice 2: Pull back all discretionary expenses. Hide out at work, hoping no one will see you and lay you off. Sell your house and move into an apartment. Sell your car and buy a used Yugo.

Choice 3: Realize that the world is changing and change with it. Prepare for the storm Take advantage of the change to get ahead of the competition. Find opportunities to excel and to win. There are always two side of a coin. Invest in the winning side.

My recommendation is Choice 3.