Corporate Job to Working at Home

Recently, the NY Times reported that Job Losses Rise in June as Unemployment Reaches 9.5% so transitioning from working a 9 to 5 (Corporate job) to Working at home (WAH) is slowly becoming a norm. According to this article,

The American economy shed 467,000 jobs last month, and the unemployment rate rose to 9.5 percent from 9.4 percent, its highest level in 26 years, the Labor Department reported on Thursday. Job losses were widespread among the construction, manufacturing and business and professional services sectors.

Image: SXC.hu

In being affected by this, the common worker must make a decision in what will be their next steps to ensure that they have a steady income. Some of the things that they can decided to do are:

• Search for another Corporate America job while they are receiving unemployment in hopes that a job is found before unemployment runs out.
• Try to start their own business and work from home by using the skills that were used on a daily basis in their Corporate America job.
• Or they could also become a sub-contractor for someone else who has already started their own work at home business

Regardless of what decision is made, it is always helpful to know and understand the facts about what it will take to make either of the decisions above successful. Personally, I made the decision many years ago to start my own business after having my consulting project canceled without prior notice. It’s can be hard bouncing back from a layoff/downsize life event but it is possible.

To help you understand how others are dealing with this crisis, I thought the video below from MSNBC.com would be helpful. It’s one way that an unemployed man has decided to create a steady income using eBay. This is an option along with starting your own business. For instance, if you were an Administrative person in Corporate America, you might want to think about starting your own Virtual Assistant (VA) business.