Today marks the end of my 90-day mandatory notice period after being laid off from my corporate finance role. I will be receiving a severance package that amounts to about 12 weeks of wages, which will help me financially in the short term. I'm 50 years old and have spent the last 15 years in this field, but the current job market seems really tough. I'm actively applying for new positions while also taking the time to upskill myself during this transition. I'm feeling a bit overwhelmed, as this is the first time I've had to navigate unemployment. I'm considering whether I should apply for unemployment benefits now or wait until my severance runs out, which could be a few months from now. I’ve heard conflicting advice on this, and I'm trying to figure out the best approach. If my job search takes longer than expected, I want to know how to effectively use unemployment benefits as a resource. Any insights would be greatly appreciated.
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