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The Cost of Being Unemployed
If you are unemployed, it is critical for you to understand how much salary you are actually losing by being unemployed.
According to the U.S. Department of Labor (Bureau of Labor Statistics), the unemployment rate is currently above 10%. This represents over 15 million people; the highest national rate since April, 1983. Of those who are unemployed, over 35% have been jobless for 27 weeks or more.
The BLS states the average duration for a job search is 28.1+ weeks.
This means if you were earning $70,000 and it took you 28 weeks (140 business days) to find a new job -- you lost $37,660 by being unemployed!
Professional career assistance can help to reduce the averages above. Trimming just a week or two off your job search can save you a significant amount of money, whether in savings, or in lost income. In most cases, the cost of professional services can be less than one week's lost salary.
Please refer to the chart to see how you are affected.
Salary/Loss of Gross Pay Calculations
| Salary |
Weekly Pay Loss |
| $40,000 |
$770 |
| $50,000 |
$960 |
| $60,000 |
$1,155 |
| $70,000 |
$1,345 |
| $80,000 |
$1,540 |
| $90,000 |
$1,730 |
| $100,000 |
$1,925 |
| $120,000 |
$2,310 |
| $140,000 |
$2,690 |
| $160,000 |
$3,075 |
| $180,000 |
$3,360 |
| $200,000 |
$3,845 |
Fill Out Our >>> Quick Quote <<<
or Call 800-471-9201 for a consultation.
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How We Work With You:
The Five Steps:
Step 1: The first step for
us to prepare your Military Transition Resume, Federal Government
Resume, Resumix, KSAs. Essay Questions and/or prepare you for
online posting is to request a free quick quote. Submit your
resume and federal job vacancy announcement for a free review
and quote. And/or contact us at (800) 471-9201 for a free consultation.
Step 2: In our review of your
quick quote will provide free consultation to determine and address
what we need to do to prepare your Federal Resume package. We
will review your existing resume and up to two positions you
have identified in the Federal Government or private / public
sector that you are considering to apply for FREE.
Step 3: Based on our free review
of your background, previously prepared documents, and requirements
for the position you are applying for, we will propose the appropriate
type of federal resume or resumix to prepare, determine if there
are KSAs or Essay Questions, and if you are indeed eligible to
apply for the respective federal job vacancies you have selected.
You will be quoted a package price either via email or through
a telephone consultation.
Step 4: When we begin the development
of your federal application, we will use the information you
supplied us, and request additional information such as performance
evaluations, awards, college transcripts, DD-214s, and develop
a questionnaire specifically related to extract pertinent information
in order for us to achieve maximum scoring of keywords and core
competencies. Your information will then be integrated with the
general series and grade, or pay band of the federal application.
Step 5: Your project delivery
date will be scheduled and a draft of your federal application
will be delivered to you via email for your final approval. You
will have 14-days to make any changes, additions, deletions,
etc.. to make your application perfect.
Documents and/or Information
that is helpful to submit:
1. Copies of your annual performance evaluations and job descriptions.
2. Copies of any awards, citations, medals, citations you have
received.
3. List of professional training received.
4. Current or older version of your resume.
5. If retired or separated military a copy of your DD-214.
6. Up to two federal vacancy announcement of interest and/or
two private sector job announcements of interest to you.
7. Your current email address and telephone number(s).
Please visit www.usajobs.opm.gov
to locate federal jobs of interest.
These documents can be sent directly to your career coach at
21CenturyResumes.com after you have made contact.
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