Richard Lawrence was the CEO of a non-profit company in the medical field before losing his job due to the COVID-19 pandemic.
Since then, he has applied for 136 jobs, without success.
“What we are facing with the new withdrawal of funds is a time when we are really going to have a hard time moving from one bill to another,” he said.
“Over time (we will have) to face the reality that those bills will simply be too much for us.
“It only takes one expense, like a new pair of glasses, and your entire budget is ruined.”
Your payments will drop from $ 760.80 per person per fortnight to $ 660.80 per person per fortnight, an amount that, according to Mr. Lawrence, is less than the old-age pension.
Lawrence described the job search process as daunting.
“For starters, you come out with a kind of confidence (and you think) that I’ll get my next job reasonably quickly, then three months later, you realize it’s not happening as fast as you thought,” he said.
“By the time you reach five months, you realize that it is time to go unemployed.”
He said that it is not “precious” when it comes to looking for work, but that it is difficult to get the right position.
“There is a solution, I’m not saying no, but my skill set is quite specific, so finding the right job in the right area is difficult,” he said.
The information provided on this website is general in nature only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information on this website, you should consider the suitability of the information taking into account your objectives, financial situation and needs.