Businesses Temporarily Closed

Of all the issues impacting society lately, (Covid-19, social distancing, social unrest, business closures, political turmoil, etc.), the topic that is likely of greatest concern to most Americans is jobs, (or loss of jobs). According to the Bureau of Labor Statistics, as of Aug.7, 2020, the total number of non-farm unemployed people in the country was 16.3 million (10.2%). No job = no money = no ability to improve living standards. In fact, without a source of income, many Americans’ living standards will automatically and continuously worsen because of existing debt that can not be serviced. Without making monthly payments on credit cards, subscriptions, or loans, late fees will be assessed, increasing the debt burden and making it more difficult to get ahead.

It is becoming increasingly clear that our country is rapidly changing, although no one seems to know what is in store for the nation’s future. Currently, millions of Americans are scrambling to figure out how to make ends meet. Unemployment benefits may be keeping some heads above water, but those benefits are not intended to be long-term substitutions for wages and will eventually cease. The uncertainty of finding steady employment is a heavy weight on the shoulders of millions of people who fear they won’t be able to take care of their families in the “new normal” that is yet to be defined. Changes are coming, no doubt about it…good or bad, we’ll find out in time, but things will be different from what we’ve come to expect.

Image of temporarily closed plaza cinema sign
Businesses that were once a thriving part of American culture are now becoming obsolete.

Unfortunately, change that is inflicted upon you, as opposed to change that results from a personal choice, is difficult to accept. We resist accepting it because we had no control in the decision to alter circumstances in our worlds…we were comfortable and happy with the way things were. People generally associate change with loss, which is scary and unwelcome. Processing loss is like grieving; with feelings of anger, denial, sadness, and nostalgia. It is difficult to fully accept loss, as the brain rejects change and resists adapting to the new version of what your life will be.

However, change doesn’t have to be a negative experience. To successfully transition from the “old normal” to the “new normal”, you’ve got to be willing to adapt. This means you might need to alter the way you think about the changes in your life. Example: If you consider yourself an unhappy victim who had change “inflicted” upon you, then you aren’t showing a willingness to adapt to the new circumstances in your life. But, if you remain positive about the future and open to trying new things, you’ll be in the right mindset to attract success.

Picture of tiled floor with word IMAGINE in center
Envision success before trying new experiences.

Prior to the stock market crash in March 2020 and the Covid-19 pandemic that began around the same time, (both of which contributed to the unemployment crisis we’re currently facing), there were a couple of emerging industries that were doing well and just might survive into the economy of the future. The first was “all things digital”, the second was “Gig economy”. If traditional jobs become obsolete in the “new normal”, perhaps we can figure out how to prosper by being our own boss in the digital age.

These are just some thoughts to consider as we “boldly go where none of us have gone before”. Try to go with the flow and be well, while finding something to smile about every day…it helps. Trudy

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