46-year-old jobless PMET suffering from depression and feeling anxious

The following is republished from Transitioning.org, a support site for the unemployed and underemployed.

I’m 46 and a degree holder, but I’m finding it difficult to find a job given that I don’t have the relevant skills and experience in many of the job offerings.

I am also suffering from anxiety, panic, and depression and thinking of whether I should see a psychiatrist or not.

My doctor suggested that I get help from family and friends, and he gave me a referral letter to the hospital for depression treatment. But I don’t even know what is the right thing to do now. Going to hospital won’t solve my problem of unemployment, and I’m afraid of the side effects of the antidepressant drugs.

Is there any website to learn how to cope with depression without medication? I read about psychotherapy and CBT but almost all the websites explained them in general terms as in talk therapy. But I want to use it to help myself.

Going to hospital will be expensive for my current financial situation. But not seeking help is also not right.

And I need a job too. All these thoughts is killing me.