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lost job- now what?


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#1 hugsnkisses

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Posted 26 March 2012 - 09:15 PM

SO..due to restructuring, I have lost my job at the casino after 13 yrs of being employed there. I am not sad about it, actually I am happy about it! With the decent wage- it is so hard to leave willingly unless motivated by other factors (better job lined up, becoming a SAHM, moving etc.)

It has only been a few days but I was just wondering a few things and I also would like some opinions :)

I received a buyout- so when should I apply for EI?

I plan on taking at least a few weeks of "family time: before I make any decisions about the future.

Is there a way to invest the buyout money so I don't have to wait longer for EI?

We are able to make it for a little bit as long as spending slooooows down (lol) but should I go back to school in Sept) I have no idea what to take...am almost 36yrs old- have Law and Security Diploma and half of Police Foundations diploma but no longer intersted in either paths. My job experience is mostly office admin for the past 5-6 yrs... BUT I want a job that does not have midnights- nor does it include working holidays. Is it greedy of me?- perhaps...but I have worked far too many holidays and weekends than I can count!

FWIW- I have not gone to EI offices or to St Clair for career counselling yet...

Thanks for any info/advice!

AND- to re-do my resume?! EEEK! NOT looking forward to that!

#2 Trea

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Posted 26 March 2012 - 10:40 PM

You should apply for EI immediately. Your pay-out will count against you for EI no matter what.

As for finding a job with the hours you want, only apply to those places that are open when you want to work. This is the reason I had not set resumes to the 24hr vet clinic (there are 2, but only 1 I'd work at). You are not being selfish wanting to have more family time!

Looking into second career at the unemployed help center may help you. They have a lot of programs there from what I hear. I had planned on going down there but, then got called back. They do have resume writing also!

Also...I don't blame you for wanting to take some time. It took me over a month to just come out of shock lol.

Most of all...good luck!

#3 DivineMrsM

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Posted 27 March 2012 - 07:50 AM

When I lost my job and got a buyout, I filed for EI right away. That way the claim is started, but they tell you when you can start filing. They will make you wait until they think your money has run out, according to how much they would pay you compared to what you got as your buyout.

I planned on taking some time off before finding a new job. It's been 3 years. LOL!!! But in those 3 years, I discovered my passion and have been following that ever since!!

Good luck to you!

#4 Lasergirl

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Posted 27 March 2012 - 09:41 AM

Yup- I filed for EI right away, but didn't qualify to receive bene's until the buyout money ran out. That was a while ago now, and the economy was in better shape, so I put mine in my RSP and gambled that I wouldn't have to pull from it (because we had money in savings to tide us over for a bit). I ended up getting a job just before I needed to dip into the RSP. But with the job market now, I might not take that gamble as you could end up paying more in with holding taxes that you need to.
Funny how sometimes the universe pushes us in the direction we need to go eh? I know I took a few weeks too-- I was devasted when I lost my job and needed the time to get my head in the game.
Good luck in the job hunt!

Edited by Lasergirl, 27 March 2012 - 09:41 AM.


#5 mysticmom

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Posted 27 March 2012 - 09:53 AM

Best of luck. I heard there are going to be more layoffs there in APril also. We are dealing with the closing of OLG Slots in our family. Best of luck!!

#6 tabbs

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Posted 28 March 2012 - 10:24 AM

good luck.....get right on out their and get your name and resume to where you would like to work. Look at training opportunities as well.

#7 hugsnkisses

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Posted 28 March 2012 - 11:32 PM

Best of luck. I heard there are going to be more layoffs there in APril also. We are dealing with the closing of OLG Slots in our family. Best of luck!!



Yes- there will be more layoffs. Casino-style is to lay off mgmt first, then unionized staff. Hopefully not too many people but I am not holding my breath.

SO sorry to hear about the Raceway :(





Thanks for the responses. I am going to apply for EI and go for career counselling I think. School is an option just have to see if EI will pay for it as I am not familiar with the rules/qualifications.

#8 mysticmom

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Posted 29 March 2012 - 09:03 AM

Good luck to you!

#9 scrappy survivor

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Posted 29 March 2012 - 09:38 PM

EI will pay for it since you were LAID OFF it is called 2nd career program. If you google it then ti will tell u if u qualify you need 16 points. I am fairly certain you will qualify. :) HUGS again

#10 hugsnkisses

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Posted 30 March 2012 - 09:23 PM

Thank you :)