The unemployment rate in Singapore is relatively low but still a cause for concern. The most common reasons for the unemployed are students and retrenched workers. There are also a significant number of people who are unemployed because they cannot find suitable jobs, or they have given up searching for work. These people will be called the long-term unemployed. It is not uncommon for these people to face financial difficulties and have to choose between food or paying their utility bills.
There are many problems faced by the unemployed in Singapore, but one of them is that they don’t know how to manage their finances without being employed. They do not know how much money they should be saving, or what kind of expenses they should be spending on, as well as what they should invest in.
In this article, we shall look at some tips and career advice for any unemployed person in Singapore while they are patiently hunting for a new job.
Save Money for a Rainy Day
It is important to keep your financial situation in mind while you are looking for a new job. By finding ways to save money, unemployed people will have more time and less anxiety to focus on their search. Consider low cost or free activities such as volunteering, or taking part in adult education courses. In addition, find an inexpensive place to live – consider staying with friends or family instead of renting.
Be Prepared to Learn New Skills and Upgrade Yourself
The world is changing and so is the job market. There are new jobs being created every day and many of them require specific skillsets that people may not have. It is therefore essential for unemployed people to not only look for employment, but also learn some new skillsets that will help them get the job they want.
Get Career Advice from an Experienced Mentor
There is no one-size-fits-all formula for success. It is important to find a mentor or coach who can give you the right insights and motivation to succeed. Mentors and coaches have always been a great source of guidance for those seeking career guidance. They are invaluable assets to those who are unemployed, helping them find their passion, their strengths, and the tools they need to get back on track with their careers.
This relationship can be mutually beneficial – just like in any mentorship or coaching situation, both sides gain something from it. The person seeking career guidance gets help from someone who has been through what they’re going through now, while the mentor gets an opportunity to share his experiences and knowledge with someone new.
Leverage the Power of Networking
We live in a world where technology and social media have changed the way we interact with each other. Networking is not only in real life anymore, but through Facebook, twitter, LinkedIn and many more. If you want to find a new job or start your own business in today’s world then you should get out there and network. You should use social media to your advantage by building up connections through digital tools that will help you build your network.
Conclusion
And there you have it, some tips and career advice if you are unemployed and looking for a new job. If you enjoyed the content that we just shared, then why not take some time to read our other article on Career Advice for the Unemployed in Singapore https://bestdnatest.org/career-advice-for-the-unemployed-in-singapore/.