Anxious Workers Aren’t Waiting for Layoffs to Make Sure They Have a Backup Plan

Worried workers are coming up with a Plan B in case they get laid off.

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Even though the unemployment rate in the US is at a 53-year low, many workers are still preparing for layoffs as a matter of when, not if.

A growing number of employees are making sure they have a plan B — or C — to fall back on in the face of mounting job cuts and pessimistic outlooks across industries. That might look like trying to save a little extra money each month, taking on a side hustle that could become a full-time job or being more open to switching career paths if necessary.