|Good jobs are very difficult to find during hard times. Most people will usually accept whatever work is available and they will also agree to work for whatever wage is currently being offered.
Beggars canít be choosers. Most people will wait for a job to become available at a local manufacturing company, retail store, restaurant, service provider, government organisation, or other institution.
During hard times, the competition for these jobs is significant and therefore most people remain unemployed.
During this period, the economy shrinks, some companies go out of business and others simply layoff many of their employees.
When a person first becomes unemployed, he or she may be eligible for unemployment or welfare benefits for a short period of time. During this time, the individual should make every effort to find another job, even if that job is something the person has not done before but which the individual could learn to do. During hard times, almost any job is better than no job.
However, there is one exception. Sales jobs are usually easy to find but most sales jobs only pay you a commission on each individual sale. And your sales are so few and far between; they donít generate enough income to offset the many hours invested in earning the one small, tiny commission you receive. Therefore, most of the people who try sales jobs donít keep those jobs very long because their outlay of energy and expenses far exceeds the tiny trickle of income they receive in return. A smart person will keep this in mind as they read or listen to the sales pitch of the person who is trying to recruit you onto their sales force by quoting statistics of how much easy money a successful sales person can earn. Some sales people do earn a good living but the overwhelming vast majority of the sales jobs available during hard times are not worth your consideration.
During hard times, many people decide to try their luck at self-employment because it is something they have wanted to do for a very long time. This is a reasonable option and three self-employment opportunities will be suggested in this report.
On rare occasions, these self-employment opportunities gradually and slowly begin to generate a very reasonable income.
However, most of the time the income the average person earns from self-employment is inadequate to pay his or her normal living expenses. Therefore, even if you are forced into becoming self-employed for a period of time, you should also continue your search for either a full-time or a part-time job with a company or organisation. Even a part-time job pays better than most self-employment options. One of the most common mistakes people make when they begin a self-employment venture is to invest more money in start-up costs than they eventually earn during the entire period of time in which they are self-employed.
This is a mistake a wise person will try to avoid. Most self-employment ventures do not generate enough money to pay all your monthly bills, and usually they donít even generate enough income to pay your rent or house payment. Therefore, if you have a little money saved, it will not be very smart to spend it all on a business start-up venture and then quickly regret your investment. If you decide to try a self-employment career, then try to minimise your start-up costs to the absolute minimum that would be necessary to begin your new job.
Some self-employment activities are regulated, such as carpenters, plumbers, and electricians. Although you may do these types of repairs on your own home if you wish, in most states, you canít perform these activities for hire unless you comply with a set of rules and regulations. Therefore, this article will not discuss these self-employment possibilities.
However, if you are already qualified to do these jobs and you work for a larger company that goes out-of-business, then you might consider marketing your services yourself.
On the other hand, if your company goes out-of-business because of the lack of work in your profession, then there may be very little or no work available for someone with your skills at the current time. Therefore, you might consider trying your luck at some other type of part-time self-employment activity in addition to trying to market your current skills.
During hard times, most of the individuals who are out of work spend the entire day doing nothing of any real value. It would be much better to have something to do to occupy your time than to just idle the day away. Even if the activity you were engaged in only provided a very, very small income, you would feel better about yourself at the end of the day and you would have that money in your pocket. Although it may not be much, any amount of money is better than no money.
With these thoughts in mind, the following self-employment jobs are usually possible during hard times and they can be done by almost anyone. Each of the following occupations could generate a very small income stream while you continue your search for a full-time or part time job:
1. Motocycle repair mechanic
2. Cook or chef for a middle-class or upper-class family
3. Seamstress or tailor working independently
A person could specialise in any one of the above areas, or a person could work in all three areas as the opportunities presented themselves.