If you’re on unemployment, you’ve probably already experienced a range of emotions. If you’re thinking of getting back into the job market, though, you may feel new emotions – fear and uncertainty about returning to the workforce. While it can be a scary time, there are several benefits to going back to work.
Unemployment Benefits Don’t Last Forever
As of August 2020, the expanded federal unemployment benefits passed at the beginning of the COVID-19 pandemic have expired, and negotiations on new benefits have stalled. You may still be eligible for state benefits, but these are designed to be time-limited. Unless you don’t need to bring in money, you will have to go back to work sooner or later, and it may get even harder the longer you wait.
Thanks to the Affordable Care Act, those who lose employer-sponsored health insurance are eligible to purchase individual insurance on a network of exchanges. But depending on your individual circumstances and even where you live, you may find coverage to be expensive or not as comprehensive as what an employer might offer. Though it’s not as much of an issue as it used to be, healthcare can be a reason to go back to work.
Finding a Purpose
Work should be more than a paycheck. If you’re in the right field, it should inspire you and give you a sense of purpose. Many people report feeling sad, isolated, or even depressed when they’re out of work, even if they don’t have financial worries. If this sounds like you, consider whether going back to work might help pull you out of your funk.
Boosting Your Future Prospects
With millions of people out of work, you may not be able to find your dream job right away. But you never know where a particular position could lead. Getting back into the workforce lets you refine your skills, build your network, and prepare yourself for the next steps in your career journey.