Worried about your job? Here’s how to plan for a layoff

You won't have control over whether you're laid off. But you do have control over whether you create a plan to make your life a little easier should it happen. Al Drago/Bloomberg/Getty Images

Federal workers’ experiences this year with layoffs and furloughs may seem extreme. But to anyone who works for a living, they’re a reminder that when you see signs that your job may be at risk, it helps to create a financial plan.

US government workers were laid off in droves during the first several months of the Trump administration, and hundreds of thousands were recently furloughed without pay due to the government shutdown. Last Friday, Russell Vought, head of the Office of Management and Budget , announced a new round of mass layoffs . And in a court filing that same day, the govern