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Jun 10, 2009 -- A quarter of laid off workers emerge in better jobs

One of the most-viewed stories on The Chicago Tribune website recently had an eye-popping headline that read, "Laid Off? You'll Likely Never Make as Much."

The reality is that many people end up happier following a layoff than they were before. They're often more stimulated by their new work or earn more money. Even The Chicago Tribune's otherwise pessimistic article grudgingly admits that this happens to about 1 in 4 people.

It's a sign of the times that an article like this would get so many eyeballs. But economies go in cycles and things will get better down the road -- as scary as it may be to get laid off today.

Clark himself got laid off in college at a time when he was paying his way through school. It took him time to find another job. But he did eventually land on his feet.

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What others are saying

  • Laid off
    This is the second time in my career that I've been laid off. Last time it was called "down sized." This time I received no severance at all and I'm 10 years older (58) plus the economy is much worse now than it was then. Clark Howard getting laid off while in college is nothing. He didn't have to face the bias and prejudice that older workers face. Plus he didn't have a family that relied on him to provide food, shelter and health insurance.
  • Create Alternatives to Wage Slavery
    That means 75% do not.
  • Heartwarming
    Learning of Clark recovering from the loss of his college job has given my family and I new hope after job loss and foreclosure.
  • Now better off!
    I was terminated in 1985 after 25 years to save the company in the mid west my wages and benefits. I was able to find a new great job in Florida in 1986. Since then my old company got into financial problems and has been bought out. So hang in there folks you can always find a job if you want to WORK!
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