Most of us are understandably concerned about the economy and the job market. Many companies are laying off workers and freezing their hiring process. Do not let anxiety take over. Remember that you can proactively respond to an economic downturn to protect your current work situation. Here are steps to help you keep your career stable and progressing even during a recession.

Know Your True Value

Start by looking at yourself and considering what you bring to your organization. There is likely a unique skill set, and it helps to write down what would happen to your organization if you left. You can visualize your impact. You can also update your resume with current achievements and skills, which helps to create a positive mindset. It would help if you recognized your value. Even if you lose your job, your career is not over.

Build Skills

You have skills, and you recognize your value. Now, make yourself a more significant asset by acquiring some new skills. In tough economic times, the best skills to develop are transferable skills:

• Communication
• Teamwork
• Organization
• Adaptability
• Decision making
• Technology Literacy
• Initiative

These skills apply to many jobs, fields, and industries. These skills will set you apart from those who only possess the skills of the trade and will certainly make you more valuable to your current employer.

Expand Your Current Network

The single most essential piece of recession-proofing your job is networking. Build positive relationships with your coworkers. It makes the workplace more bearable while making you memorable. Networking is vital for standing out in your organization and participating in the organizational culture. Get to know coworkers as people.

You can message coworkers through Slack or email if you are remote. Networking is easy when you work remotely. Dress nicely, attend optional meetings and speak up when you have something to say. Make your presence known.

Remain Vigilant

Stay alert, be bold and explore other job possibilities. Pay close attention to trends in your industry and watch for layoffs. Watch the news, particularly on how it affects you directly. If you see the signs of an approaching economic downturn, avoid changing jobs if you can. Remember that the most recent hires are typically the first to go when things get rough. Have a plan in case you lose your job. But remember, it is just a job and not your career.

Maintain a Strong Digital Presence

Keep your digital presence up, especially if you consider putting out feelers for a new job. Update your LinkedIn account, website, or personal social media to ensure it is an accurate reflection of your experience should an opportunity arise.

A career opportunity is waiting for you now at Exact Staff!