5 Proven Ways to Supplement Your Income After a Layoff
5 ways to supplement income after a layoff: freelancing, online teaching, gig work, business, and asset use.
Matilda
5 Proven Ways to Supplement Your Income After a Layoff
Whether in the private sector at companies like Meta or within the federal government, mass layoffs have become increasingly common. So much so that a survey published by Clarify Capital found that 1 in 3 Americans have "layoff anxiety," with more than 69% of respondents prioritizing job security over career growth. It is also taking longer to get a job post-layoff, with some experts estimating that it could take three to six months. Of course, if you're in a sector like technology, it could take a lot longer. Image : Getty Images Fortunately, there's a silver lining. While facing a layoff can be one of life's most challenging transitions, it also presents an opportunity to explore diverse income streams. Whether you need a quick financial bridge or want to build lasting revenue sources, these five strategies can help you supplement your income while planning your next career move. 1. Consider Post-Layoff Freelancing Experiencing a layoff doesn't diminish your p…