"November marked the eighth time this year that job cuts were up over the same period the year before, according to research from outplacement firm Challenger, Gray & Christmas. To make matters worse, hiring in November was down 35% from 2024, marking the lowest year-to-date total since 2010. News about the current labor market can be unnerving-even more so when layoffs are hitting your company. Being prepared can help make it less so. And one group of people knows more about that than most."
"The word prepper may bring to mind images of shows like Doomsday Preppers, in which people stockpile food, water, weapons, and supplies in anticipation of apocalyptic events. However, most preppers are simply people who want to have some basic essentials or plan in place just in case. In fact, the last Federal Emergency Management Agency (FEMA) National Preparedness Report found that more than half of U.S. adults (55%) had taken 3 or more of the 12 preparedness steps, like making a plan, gathering supplies, and securing documents."
Job cuts increased in November for the eighth time this year, while hiring fell 35% from 2024, producing the lowest year-to-date hiring total since 2010. Current labor-market news raises anxiety, particularly when layoffs affect one’s employer. Preparedness practices used by preppers—making plans, gathering basic supplies, and securing important documents—are broadly adopted by many Americans and can be applied to layoff readiness. Unexpected layoffs can feel like a temporary doomsday because they are unanticipated, uncontrollable, and of uncertain duration. Practical planning can reduce uncertainty and lessen financial and emotional disruption.
Read at Fast Company
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