Huge job losses slammed the Bay Area and California in December, a setback that shattered a fragile recovery from coronavirus-linked layoffs and capped a dismal year for the statewide economy. Employers in the Bay Area shed 14, jobs while California lost 52, jobs, the state Employment Development Department reported Friday. Most Bay Area counties were forced to curtail business activities to arrest the spread of the coronavirus under state mandates in mid-November, then enacted even sharper restrictions in early December as hospitals began to fill with patients. For all of , the Bay Area lost a staggering , jobs, a decline of 8. During the same one-year period, Santa Clara County shed 79, jobs or a 6.
How to Look For a Job After Being Laid-Off
5 Ways to Finding a New Job after Being Laid Off
If approached in the right way, the situation you are in now — can be a blessing in disguise. Why not use it and take this time to ensure that what you do next is what you really want and what will make you happy. Unless you are really clear about where you want to be and what will work for you — do not rush it. Take some time out to reflect, to think and evaluate. Make a plan.
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He had an expensive monthly car payment and some credit card debt that would be difficult to manage if he were unemployed. He started applying for jobs, and sold his car to pay off the remainder of his car loan. He also began paying off his credit card debt more aggressively. When he got laid off five months later, he was not only in a much better place financially but he had a bunch of interviews already lined up.
Tower Health announced Tuesday plans to cut 1, jobs. Approximately employees will be affected by the layoffs. The Reading-based health care system said that, in addition to the revenue loss, there has been increased spending for COVID supplies and services.