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5 minute read

May 30, 2025

Caught in Between Jobs? Here’s How to Stay Financially and Mentally Afloat

If you’re currently in between jobs, remember: It’s not the end. This is just a turning point. Discover how to take charge, stay hopeful, and build your next opportunity with purpose and support.

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jobseeker managing stress between employment phases, a lady trying to stay afloat on water

Losing a job or feeling stuck between roles can feel like the ground has shifted beneath your feet. In a city like Singapore, where the pace is fast and expectations are high, being jobless, temporarily or unexpectedly, can weigh heavily on your wallet and well-being.

But here’s the truth: This moment, as challenging as it may seem, is not the end of the road. It might even be the start of a more intentional and empowered chapter in your career journey. You’re not powerless — and you’re definitely not alone.

First, take a deep breath

When you’re in transition, it’s easy to spiral into worry. Will I find another job soon? Will my savings last? Will I lose touch with my skills?

It’s normal — and completely acceptable — to feel all of this. But don’t let those thoughts consume you. Taking a breath — literally and mentally — is your first step to regaining control. This pause can be a powerful pivot.

Focus on what you can control

You may not be able to speed up interview callbacks or change the economy overnight, but you can take practical steps to stay financially and mentally afloat during this period.

Start by reviewing your finances. Prioritise essential spending and explore temporary sources of income, if needed — think freelance gigs, tutoring, or short-term contract work. Small wins can buy you time and peace of mind.

More importantly, treat this time as an investment in yourself. Upskilling isn’t just about boosting your resume — it’s about building confidence and resilience, while staying relevant in the job market.

Seeking employment help? Make an appointment to see a career coach to help with your job search.

Tap into support that’s built for this

The Singapore government offers several support schemes to help jobseekers, including the SkillsFuture Jobseeker Support scheme (JS scheme), designed for those involuntarily unemployed and actively looking for work. 

Two key phrases to take note of here: Involuntarily unemployed. Actively looking for work.

But hold the phone, if you think this scheme is simply a cash handout, we want to set the record straight. 

The JS scheme offers a structured programme that aims to equip you with the guidance and resources to bounce back stronger.  At the same time, you are rewarded with monthly payouts to tide you over the challenging period of a job loss. 

The SkillsFuture Jobseeker Support scheme
The SkillsFuture Jobseeker Support scheme is not about getting free money.

As such, with the JS scheme, you can receive monthly cash payouts for attending career coaching sessions and actively participating in job search activities.

So, how much financial support can you receive? It depends on your previous income, with two different payout tiers based on how much you earned in your last job.

The first is, if you earned a gross monthly income of $5,000 or more in your past employment. You can receive temporary financial support of up to $6,000 over six months.

Maximum monthly payouts

The second is, if you earned a gross monthly income lower than the amount listed in your past employment. You will receive an amount equal to your past gross monthly income instead. 

Maximum monthly payouts

For example, a jobseeker with a past gross monthly income of $900 will not receive more than $900 in the monthly payout.

This temporary financial support under the JS scheme gives you the breathing space to focus on building your next career step without panicking over every dollar. 

But how it works is that you will need to earn points by completing career activities such as coaching, skills upgrading, applying for jobs, or attending interviews. These help you stay actively engaged in your career and motivated throughout your journey.

It’s a dignified approach that acknowledges your potential and encourages action, rather than passivity.

Looking for a job? Explore a range of career opportunities with CareersHorizon. Connect with hiring employers at various career events such as walk-in interviews, virtual job interviews, virtual career fairs, and many more!

Keep your mind in shape too

Of course, financial support is not the solution to everything. The emotional toll of being between jobs is real. You might feel like you’ve lost direction, identity, or momentum. But remember: This setback is just a small chapter, not your whole life story.

1. Seek emotional support from your trusted inner circle

It’s important to seek emotional support from people who uplift you, so reach out to trusted peers or mentors. At the same time, make space for meaningful alone time. Reconnect with what grounds you, whether it is writing, volunteering, or quiet morning walks that help clear your mind. 

A healthy mind will carry you much further than when you’re weighed down with a heavy heart.

2. Seek professional support from a career coach

If you’re feeling stuck and need professional help with your job search, talking to a career coach (also part of the JS scheme’s offerings) can help you untangle your thoughts and gain clarity on your next steps.

You’re not starting from scratch

The skills you’ve honed, the challenges you’ve overcome, and the insights you’ve gained all count. This isn’t a career reset. It’s a chance to realign yourself with what truly drives you at work. Use this time to reflect on your career aspirations: 

  • What kind of work excites you? 
  • What kind of impact do you want to make?

Although being between jobs can feel uncertain, it also gives you the freedom to shape your next move with intention. It’s not just about finding any job; it’s about creating a path that reflects who you’ve become and where you want to go.

So take that next step, not out of urgency, but with clarity. Your next opportunity isn’t behind you. It’s ahead, and it’s yours to shape.

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