How Having a Side Hustle Can Ease Those Post Layoff Blues

February 22, 2016

Do you know someone who’s been laid off? More than one someone? Has that someone been you?

If you said yes to any of those questions, you’re not alone. According to a 2014 survey by the John J. Heldrich Center for Workforce Development at Rutgers University, 20% of workers in the U.S. had been laid off in the preceding five years and 22% of that number still hadn’t found new employment.

As though that weren’t depressing enough, the psychological effects of a layoff aren’t good either. A recent study found that “individuals who experienced a layoff were 4.5 percent less likely to trust even 17 years later.” Researchers surmise such persistent trust issues have to do with feelings of powerlessness and lack of control.

Huffington Post, Feb. 22

Recent Posts

2026 NJBIZ Health Care Power List includes Prof. Joel Cantor

Power List Methodology The power lists are compiled by the NJBIZ editorial staff based on our reporting throughout the past year with input from experts in a variety of fields and recommendations from our readers. The staff looks for people who have gained public...

NJSPL: How Demonstration Projects Strengthen Rapid Response Programs

By Leigh Ann Von Hagen., Analise Draghi & Greg Woltman Across New Jersey, communities are embracing faster, more flexible ways to make streets safer. Demonstration projects are short-term, low-cost installations that test street design changes. They have become a...

Dockside Learning at Port Newark/Elizabeth

What does Port Newark/Elizabeth have to do with your morning glass of OJ?   On Friday, April 10 Bloustein graduate students in Professor Anne Strauss Wieder's Freights & Ports class again took their learning beyond the classroom and straight to the docks to see...