How to Navigate and Rise During a Recession

She’s Back! Guest columnist Leslie Campos of Well Parents posts another one of her practical and timely pieces designed to assist readers with the challenges of life and career—this time with a possible recession looming.

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How to Navigate and Rise During a Recession

No one signs up for a recession. It shows up uninvited, hits like a cold wind, and makes everything feel just a little less certain. Layoffs hover, prices climb, and fear starts breathing down your neck like it has a right to be there. But the truth is, while recessions are real and raw, they’re also a strange kind of classroom—teaching you how to stretch, shift, and sharpen your instincts in ways you may have never considered.

Rethink Survival as a Skillset, Not a Reaction
You’re not just trying to outlast a downturn; you’re learning how to be nimble in the face of shrinking certainty. The people who make it through with more than just their heads above water aren’t always the wealthiest—they’re the ones who lean into adaptability. That might mean trading pride for practicality, picking up a freelance gig you’d once scoffed at, or temporarily living a little smaller so you can stay in control. Resilience isn’t just endurance—it’s strategic flexibility disguised as survival.

Cut Deeper, But Smarter
Budgeting sounds basic until it becomes the only thing between you and sleepless nights. But here’s the thing: during a recession, it’s not enough to just trim around the edges. You have to get surgical, yes—but thoughtful, too. Cancel what you don’t use, pause what can wait, and renegotiate everything else. Most people underestimate just how negotiable expenses can be until they’re forced to make a call they were dreading—and suddenly, their internet bill is $50 cheaper a month.

Shield Your Finances with a Home Warranty
When you’re tightening the reins during a recession, the last thing you want is a busted water heater or a broken HVAC unit draining your emergency fund. That’s where the quiet power of a home warranty kicks in—offering a financial buffer when essential systems suddenly fail. These annual renewable contracts can help you handle breakdowns to your heating, cooling, electrical, and plumbing systems, while also covering major appliance repairs that would otherwise throw your budget into a tailspin. Learn more about how home warranties provide coverage.

Embrace Skills That Don’t Sink with the Market
Jobs get cut. Industries wobble. But certain skills, the ones that travel well across sectors, don’t just survive—they stay in demand no matter the economic weather. Think communication, problem-solving, digital literacy, and even empathy (especially in leadership roles). These are your recession-proof tools. And no, you don’t need to go back to school—half of the most valuable skill-building now lives online, and a lot of it is free or close to it.

Rely on Your Network
There’s a myth that financial survival is a solo sport, but that’s just hustle-culture nonsense repackaged as advice. During a recession, relationships become your real capital. Whether it’s a friend sharing job leads, a neighbor offering shared childcare, or a colleague letting you know which industries are still hiring, your network isn’t just moral support—it’s a living, breathing safety net. You don’t have to know everyone; you just have to stay connected enough to not be invisible when opportunities move quietly.

Turn the Slowdown Into a Strategy Window
When the world is whirring fast, it’s easy to go on autopilot. But recessions? They force a pause. And while that’s uncomfortable, it also opens up space for clarity—if you’re willing to sit with it. Maybe this is the time to pivot industries, build something on the side, or finally test that idea you’ve been shelving since the last “busy season.” Opportunity doesn’t always scream; sometimes it whispers when the noise dies down.

Reframe the Hustle
If your income’s been clipped or capped, it’s tempting to chase anything that pays—even if it burns you out. But thriving in a recession isn’t just about cashflow; it’s about balance. This might be the moment to reset your health, rework your routines, or deepen relationships you’d been putting off. It’s okay to pause the pressure and invest energy where the ROI isn’t measured in dollars. You’re still growing, even if the growth looks different right now.

Watch the Patterns—Then Break Them
Recessions follow cycles, and so do people. You can study how past downturns played out, but the more powerful move is looking inward: what patterns do you fall into when things get tight? Panic spending? Isolation? Freezing up? Recognizing your default reactions gives you the power to rewrite them. Awareness is underrated during hard times, but it’s often the first step toward doing something different—and better—the next time the pressure rises.


Yes, recessions are brutal. They take things—jobs, routines, illusions of security—and leave you sitting with questions you didn’t ask for. But you’re not stuck. You’ve got tools, choices, and the ability to shift gears when the road gets rough. This isn’t about sugarcoating the pain; it’s about respecting your own capacity to adapt and build, even when the world feels like it’s shrinking. Because somewhere in the middle of all this contraction, there’s still space to expand in ways you never expected.

Explore a world of insightful essays and career reflections at Bill Ryan Writings. Don’t miss out on the Compose Your Career ebook for a deeper dive into career development!

Employment Struggles for Older Workers

It’s happening again. One of the perverse hallmarks of the Great Recession ten years ago was the expulsion of many older workers from the workforce. A significant number of experienced employees found themselves forced into sudden unemployment or premature retirement. Many never fully recovered financially or emotionally and their careers were left scarred and lacking in dignified closure. 

The current Covid-induced recession is again presenting similar employment hardship for mature workers. Since March, the labor market has shed many senior-aged men and women, who possess both high and low skill levels. In other words, this elder layoff is widespread. 

Unfortunately, this is not turning out to be simply a temporary furlough for these workers, but rather a longer-term separation marked by an acceleration of egregious trends. Again, as during the last recession, newly trending labor shifts are weakening older workers’ employment security. 

Previous examples included labor-saving technologies and increased workloads for younger and less expensive staff, which combined to lessen the management need to restore previous personnel levels. Once again, mature employees find their bargaining power diminished when facing dismissal and rehiring. Weak or non-existent unions, the rise of the gig economy, and continued lenient enforcement of age-discrimination laws, not to mention the harmful economic disruption from Covid, leave senior workers feeling increasingly insecure and inadequate. 

The New School’s Retirement Equity Lab studies the factors impacting the quality of retirement, which necessitates an examination of when a retreat from work is chosen or forced. Their assessment of the plight of older workers is sobering. Even for those older workers who have not yet been laid off there is considerable uncertainty about their futures. This cohort more and more knows they are less employable than younger workers. Those over age 55 often realize that if they were to quit their current jobs the chances of transitioning to a job that is comparable or better is doubtful. For many, it becomes prudent to stick with a less than satisfying job, then to risk unemployment. 

Relatively robust earnings have traditionally been an expectation for long-term commitment to a profession and/or an employer. Seems fair, right? However, these days when an older worker is rehired after a job loss hourly wages are typically lower than with the former job. Workers aged 50-61 receive 20% less pay with their new job while workers 62 and older see a decrease of 27%. In addition, once a worker hits their fifties, periods of unemployment after a layoff are longer than for workers aged less than 50. 

The growth in ambiguity and low confidence older workers face add to the weakness of their bargaining power. Employers know in most cases that they have the upper hand with older workers, except for those situations in which the worker possesses a unique or hard to find skill. This is unfortunate. A lifetime of work deserves value and respect. Retirement in the modern era should be a reward for the toil, dedication, and achievement for decades of work, not an imposed isolation or banishment due to the vicissitudes of employment economics. 

As the Retirement Equity Lab points out, policy makers may need to intervene with schemes designed to lessen the hardships for prematurely laid off older workers. For example, employers could offer rainy day or emergency savings plans through payroll deductions, which become available when needed to augment unemployment benefits. Or the federal government could step in with a guaranteed retirement account savings option to supplement what retirees receive from Social Security. Of course, more stringent enforcement of The Age Discrimination in Employment Act of 1967 would help immensely. 

Careers for many are a vocation and a calling to develop mastery and contribute to society. For others, work is simply a means to a paycheck. Either way, growing old should not be viewed as a liability or a deficiency to take advantage of.