Q: I've been made redundant from a headhunter's, where I have spent most of my career. I'm fortunate that I am in my early thirties and can rely on my husband's income for the short term. I'm considering using this break as an opportunity to try a career change, perhaps something in the charity sector, but I'm worried that my husband's job might also be insecure (he works for an architect's practice). How bad is this recession going to be? Should I take the opportunity to work for a charity for not much money or should I try to get a similar paying role in case he loses his job too?
A: No-one, of course, knows with any certainty how bad this recession will turn out to be, but there seems to be universal agreement that unemployment is set to get worse. I imagine this was presented to you, at least in part, as a reason for your redundancy; headhunters seem likely to face particularly lean times.
This being the case, I think you should make every effort to get yourself another paying job - and just as soon as possible. Even if your husband's architectural practice continues to flourish, and even if the credit crunch miraculously sorts itself out, financial security is going to be more than usually precious for at least the next couple of years.