Has anyone here been unemployed for 3+ months?

I'm literally going crazy sitting at home -- got let go a few months ago.

I have had at least 6-7 in person interviews (with decent companies) -- and at least double that in phone screens but have gotten no return offers. Has anyone been here before? Am I terrible at interviewing or something?

It probably doesn't help either I have a few 1 year tenure at places in a row. IT sales if that helps.

It's getting to the point where I'm considering saying fuck it and learning to code or something. What the hell am I doing wrong...

Comments (56)

Jun 4, 2019

Took me 4 months out of undergrad to get a job. Not a job I wanted but it paid, got to the point where I took what I can get. I know friends who had longer layoffs. Sometimes timing isn't right. I've been there before.. countless interviews and nothing. Just keep your head up, while at home all day try to work on other projects. take the SIE, sign up for CFA. Something proactive that an employer might like. Keep your head up, something will bite eventually.

Jun 7, 2019

Are you still working that same job? If not how was the transition out of it?

Jun 7, 2019

So the job was a contract role so once my contract ran out I had to leave. While working there I made sure to gain some skills that an employer I would want I work for would like.. VBA, Modeling and I took the SIE. I'm actually interviewing for various roles in asset management, trading.. so things are looking up. Not there yet but I know I will be soon. Just keep working, don't let anything stop you

Jun 4, 2019

what has been your work history?

just google it...you're welcome

Jun 4, 2019

Generally 12-18 months at tech companies for 2-3 jobs. It got my salary up to a high point really quick.

Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

Jun 4, 2019

what were the actual jobs....what were you doing?

just google it...you're welcome

Jun 5, 2019

OP - hang in there. I'm trying to make a change (after a voluntary sabbatical) and it is not easy at all. That said, try to keep busy. In addition to applying for jobs, it may be worth considering exploring interests/hobbies. If you are in a city, that could mean free museum days/activities, volunteering and community service or joining a sports team, or just a lot of reading. You may pick up or notice skills you never knew you had and you'll be growing personally. Things like volunteering mean you meet a lot of people and you never know where that next lead will come from. When people ask what you do, tell them the truth. "I got laid off and its been tough but I'm doing x and y etc." You'll be surprised how often someone random will say "oh I know x, send me your resume" or "I have a friend that..."

More individually pursuits that you never had time to do may be another idea. Wanted to learn to swim? Watch some youtube videos and go to the public pool and start in the shallow end/kiddie pool (no joke). Go for a run and work out. You'll be surprised how positive you feel afterwards and that will come off in interviews and meetings. Going into an interview and saying "I got laid off and have been on the beach for 6 months but in that time my running mile is down by a minute and I've volunteered and done x, y, z" shows you have initiative and are getting after it.

Any other questions, PM me.

Good Luck

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Most Helpful
Jun 5, 2019

Classic World of Warcraft is releasing on August 28th, perfect time to be unemployed.

On a more serious note, you say you were in sales. Use your sales skills, build a list of leads either manually or buy one, you can typically get a solid list of 1,000 company decision makers for $0.2/lead. Put them in a CRM - I'd suggest Pipedrive, its super cheap and easy to customize and integrate with your email, and put in the work.

Intro email
Follow-up next week
Call the third week

Depending on your budget you can also do a letter drop to the companies addressed to the decision maker for $1-2/lead and put in some witty writing about how you sourced the lead and reached out and why this makes you good at sales.

Do this 5hours every day in the morning like its a job and take the rest of the day off to workout, play videos, read a book, study for CFA, start a drop shipping business, learn to code or whatever.

That's what I would do.

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Jun 5, 2019

Yeeeup it's all a numbers game GREAT advice. Just keep typie type type until someone type back. Unless your resume or approach sucks, then you're wasting your time. I'd just copy format standard for your field and remember personalization of intro notes goes a long way.

Classic WOW, WC3 Reforged, Apex, Rooftop bar SZN - Lotta great reasons to be excited about your significant freedom that you have today! You're not worth less because it takes forever for companies to hire people. Everyone has or will be there. Put in systematic work to an application process for 2 hours a day then go do something that lights you on fire inside.

Jun 5, 2019

This is good advice. Hell, I'd quit my job and do this right now.

Jun 5, 2019

Can also hire a virtual assistant from a place like UpWork to mine leads and data for $3/h.

Jun 6, 2019

+1 for hiring a VA.
I have a couple in the Philippines that do great work.
Worth every penny.
Save so much time.
I have them look up people's contact info for me at hunter.io

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Jun 5, 2019

I thought about doing this -- and would be a good idea if I wasn't getting plenty of interviews. I'm getting through HR just fine -- just not getting the job. Sent out 20ish resumes ("black hole" online postings and got 3 phone screens yesterday.

I'm learning how to code. I came from engineering background so I might get a job at Facebook at this point before I get one in sales.

If anyone needs a jr dev to help work on algo trading things let me know, that's really my dream job. I can start tomorrow in FiDi and won't bitch about long hours or a low starting salary.

Jun 6, 2019

keen to learn more about how to use Pipedrive to sort job applications.
That is, what are the headers, the way to track.
I've not used Pipedrive this way. If you prefer, I can DM.

Jun 6, 2019

Pipedrive is fairly intuitive, you can get a free demo to play around with it and I think a subscription is like $10/month. You basically have a funnel and a profile for each lead that can include whatever you want. In the case of recruiting I would put the company name and division as the lead and the people to contact tied to the lead. I would build the following pipe.

Leads --> First Contact Sent --> Follow-Up Sent --> Cold Called || Traction / Declined

Set it up to upload the list into the Leads with all relevant info for each lead. Once setup and email is synced with pipedrive just send first email and move to the First Contact pipe, the week after follow up on everything in the First Contact pipe and the week after cold call all of those. Anything that gets traction move to traction and anything that gets declined put into declined.

This is basically my instagram DM strategy, ugh I mean, lead gen strategy.

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Jun 5, 2019

I wrote a long post on this here: https://www.wallstreetoasis.com/forums/unemployed-...
we got into a healthy banter here but this is exactly how I'd go about finding a job.

the short answer is yes, I was laid off during the financial crisis (the week after Thanksgiving btw) and spent 5 months looking for work and failing, it fucking sucks but there is light at the end of the tunnel.

also my last comment here: https://www.wallstreetoasis.com/forums/i-really-ne...

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Jun 8, 2019

Thanks for posting those links.

My own 2 cents: hustle. It keeps the money flowing and there is nothing worse than sitting at home doing nothing.

Starting your own thing is not that hard, look at the skills you have. My wife stopped working after kid number one - we started a small property management business. Agents are so shit that it was very easy to pick up friends and families at first. We don't have many clients but it's kind of nice for her to earn her own cash. Some guys are trying to get something off the ground and need help, go do it without a salary for a bit while at the same time pro-actively looking for jobs. Go work for habitat for humanity or other charitable organisation. Key is get out of the house.

In Finance it's not a question of if you will be let go, but of when you will be let go. It's a highly elastic job market. The economy might crash, your bank might have had a bad year, your group might have had a bad year, you might have had a bad year. So many variables that are completely out of your control. The great thing is that it's never a black mark (unless you are a complete ass hole and keep being fired for being a dick, but then your best bet is to just work in a job with no interaction with humans)

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Jun 15, 2019

He's in Tech Sales.

Him and I have joked a bit about Digital Marketing.

There is light at the end of the tunnel... Not sure what the source of the light is right now.

Jun 5, 2019

I have been there, happy to coach you along. Feel free to DM me. You will be fine, NEVER GIVE UP.

Jun 6, 2019

One thing that has not been as fully mentioned here, is the fantastic opportunity for self-education that this sabbatical offers.

You can study financial modeling, value investing, get your GMAT / GRE done, etc.

That takes months anyway.

You can use the time to make yourself the most badass finance professional you can be.

That will improve your chances of getting a job.

Jun 6, 2019

This is great advice but thats the paradox of looking for a job, super tough to make those things are priority when you're grinding on the networking circuit.

Looking for a job is a full time job.

Jun 6, 2019

Hi @differentialequations12, Everybody goes through this phase at some point in their life. Make sure you are utilizing the gap for developing yourself with some free online courses out there. Definitely, you will get into work or maybe start an own if stars are on your side!

Jun 6, 2019

Yes, I have been in this situation before and made the mistake of not taking advantage of it. I was constantly stressed about landing my next role and not bringing in money. The most important thing is too look at it as an opportunity. You have the unique opportunity to put a pause on your career and refocus if you want, get in really good shape, and fucking sleep. At the same time you will want to talk to as many people as possible and network heavily. In my experience, this is not too time consuming, so you will still have a good amount of free time. Use this free time to button up all those things in your life that are hard to get to when working full time. You want to make sure that you continue to progress even though you are not working full time. When you land a role you might even find that you were better off for have a 3+ month break.

Jun 6, 2019

Yup. Been there. It really sucks. Hang in there, OP and try to come up with a story to defend the gap.

Jun 6, 2019

So sorry for the long message. This hits so close to home so I had to create an account to answer. I was employed in management consulting in the UK on a tier 2 visa and was let go despite being a high performer due to the boss getting along with the other associate over me (which i should have worked better at admittedly), there were some other things they did wrong but I dont want to blame so as to not seem bitter even though I am due to their actions.

It came with no notice and they screwed me over for some reason. They basically let me go without telling me and kept me "employed" until 1 week till my visa expired. Basically in the UK if you are let go you have one month to find a new job and they didn't let me know until one week until my visa was cancelled. My friends insisted it was a racial issue (I'm black) and I am currently planning to move back to the UK and sue because IDK why they chose to do that!!!!!!!!!!!!!! Fuck man

I moved back to america and it was impossible from October 2018 to May 2019 to get a job, interview or call back from over 100 applications and I admittedly listened to my friends and thought it was an ethnic name thing so I had the idea to move to africa without a job to find something to do with one of the multinationals. Long story short after an incredible jobless journey in africa for a month I got a job this June in one of the massive consultancies in a major african financial hub and I am planning to make a return to the USA or UK (UK preferably to take up my firing in court).

But those months unemployed were the most horrible, demeaning and hopeless moments of my life. I considered suicide, tried drug use for some reason and felt so ashamed because I couldnt even afford an MBA so I thought I would be stuck forever.

But I would say please do not lose hope and maybe plan an MBA if you can afford it. Also consider starting over again in another country since people there appreciate foreign experiences but chose a safe country.

Jun 8, 2019

FYI - you have 3 months from the date of your dismissal to sue for unfair dismissal.
Keep that in mind or do some research. If your dismissal was racially motivated it might be a different issue, but look into this. A simple letting them know you intend on fucking them over might be enough, but take some advice

Jun 11, 2019

Yeah I am aware of the time constraints, however I would not pull the race card because it kinda feels like a dick move and could ruin future opportunities for minorities. I think the owners were a-holes and I genuinely hate them to the core of my soul but they were (probably) not racist. I think doing that would be similar to girls lying about r*pe when they dont get their way, doesnt sit well with me. With that being said I would love to sink them into the ground and make them pay bro.

Jun 7, 2019

Happened to me during the financial crisis....spent 6 months unemployed, sent 500 resumes, got about a dozen interviews, and felt very lucky to accept an entry level finance job at about $36K per year with no benefits.

Just keep adapting and improving your resume, cover letters, etc. If you're getting interviews, you're on the right track. You just need to tweek something a little bit. Hard for me to say what that is without knowing the details of your applications, interview style, etc. You'll just have to be very self-critical and pinpoint what part of the interview is making you lose points...

Jun 11, 2019

Woah 500 resumes. I guess this is why support groups work, reading about you over coming your struggles after we were in a similar place makes me feel a lot more hopeful. Almost like ive seen how my journey would end. Then again going back to america isnt top priority now since I am in one of the top consultancies in the world working in an exotic location. I feel like I have a bit more patience in moving

Jun 7, 2019

I was unemployed for several months. Luckily i had savings to live for

Jun 8, 2019

it's tough man, luckily there are hundreds of AE roles in NYC - apply to all of them.

I feel your pain though, I've also struggled really bad with getting offers myself. I've gotten dinged for BDR roles while having 1.5 years of success in the role already. Even without closing experience I made it to about 4 final rounds for AE roles. I've interviewed at Oracle twice and SFSC once too (InMailed Sales Manager for an interview) but didn't receive any offers.

It just seems to be a super competive field to be in, even with the abundance of opportunities.

Jun 11, 2019

Yeah but I guess its the life we chose unfortunately, thankfully consulting is a bit safer when it comes to job security

Jun 26, 2019

I'm starting to think SaaS sales has become more competitive over the years as people knew how much money was to be made.

Jun 11, 2019

It's a job seekers market in tech (sales) right now...you might be doing something wrong. Do some internal reflection and try to evaluate your strengths and weaknesses.

What market(s) are you looking for jobs in? Hit up https://bettsrecruiting.com/talent-sales-roles/
...having said that, stay positive and don't give up. A lot of us on this board have been in the same position (myself included).

Jun 15, 2019

You can always teach English somewhere in SE Asia or be an International School Teacher pulling in six figs working around the world and get the Summers off.

Mike Rowe says these are good career options:

  • Boilermaker
  • Welder
  • Electrician
  • Plumber
  • Lawn Mowing Service

You could also join the Military and make good money provided you are healthy enough to get through OCS.

Or...

Go to the dark side and do Affiliate Marketing or some Tai Lopez/Alex Becker/Grant Cardone/Tony Robbins/Tim Ferris/Frank Kern/Russ Ruffino type stuff. Take out the money, flaunt it, sell it, cash out, and Flex on IG to build creds. Pay Russell Brunson and Alex Becker or Tim Ferris some $$$ to do a Testimonial video... done.

Check this out:

If it has a Lambo in the video, it must be good. Six figure agency in no time? Easy.

Jun 15, 2019
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Jun 16, 2019
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No pain no game.