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Economic stress:Harsh Realities and Keys to Success

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The author discusses his book and provides timely and important tips to people at all career and education levels on getting through a financial tight spot. Earlier radio interview: www.soundclud.com/theworkforceshow

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Page 1: Economic stress:Harsh Realities and Keys to Success

Produced by The Workforce Show

Page 2: Economic stress:Harsh Realities and Keys to Success

The Workforce ShowLive Webinar

Hosted by: Ms. Cynthia Gurne

March 14, 20141:00 – 2:00 p.m. EST

Page 3: Economic stress:Harsh Realities and Keys to Success

Produced by The Workforce Show

“Economic Stress: Harsh Truths & Keys to Empowerment”

Presented by:

Dr. Robert M. Brown III (Dr. Rob)

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www.economicstresshelp.com 4

What is Economic Stress?

Economic stress is the inability of a person or family to meet their financial obligations because of job loss, not enough work, job

instability or low wages and the impact on their mental, emotional, spiritual, physical and

economic well-being.

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Economic StressAmong the Employed

• Lower employee job satisfaction compounded by higher work demands and longer hours

• Living to work instead of working to live

• More at-will work environments that produce fear & uncertainty among employees i.e., the employer or employee can terminate the working relationship at any time.

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Tip #1Stay Calm & Be Proactive.

Get information on job opportunities, career training and other resources by visiting the

following websites:

• Career One Stop (sponsored by the U.S. Department of Labor) – provide career resource tools for job seekers, businesses, professionals and students www.careeronestop.org/

• Veterans ReEmployment – a part of Career One Stop www.careeronestop.org/reemployment/veterans/default.aspx

• State job banks http://us.jobs/state-job-banks.asp

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Tip #2Stay Calm, Be Proactive &

Create Profiles on Social Media.

CREATE THE DEMAND FOR YOU!

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Tip #3Identify High Job Growth Industries to 2020.

• Bookkeepers and accountants ($35,170)• Project managers ($95,440)• Registered nurses ($65, 470)• Secretaries ($32,410)• Tractor-trailer trucker drivers ($38,200)• Carpenters ($39,940)

Visit the Bureau of Labor Statistics’ Website:www.bls.gov

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Tip #4Don’t Wait to Call Bill Collectors,

BE PROACTIVE!

• Calling sooner rather than later increases the chances of:– Being granted a payment extension– Getting a lower monthly payment plan

• Ask to speak with a supervisor, if possible, and get the following information to create an audit trail:– Date of the call– Name of the customer service representative– Telephone number & extension– Convey that your ability to pay your bills has changed.– Outcome of the conversation– Next Steps

VISIT YOUR MAILBOX EVERYDAY, NOT ONCE A WEEK!

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Tip #5Seeking Social Support Helps You to

Manage Economic Stress More Effectively.

Sources of Social Support:

• Spouse• Partner• Friend• Person from the faith community• Social support group• Catch-up conversations

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Tip #6The Social Support Provider

Should Do the Following:

• Be a very good listener• Be sympathetic• Be understanding• Provide compassionate but objective feedback that helps you

to manage economic stress more effectively• Provide feedback that focuses on YOU, not her/him• Help to raise your spirits, not increase your anxiety

Be Your Own Best Advocate by Asking for Help!

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Tip #7Stay Positive and Stay Active!

• Regular exercise• Drink water everyday.• Eat foods that are healthy.• Volunteer your time.• $aving still matters.• Could there be an entrepreneur inside of you that has been

waiting for this moment?

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For More Information, Visit My Website:

www.economicstresshelp.com

Thank you!

Q & A Time

Page 14: Economic stress:Harsh Realities and Keys to Success

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The Workforce ShowTo learn More

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Page 15: Economic stress:Harsh Realities and Keys to Success

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