[JoeMayoBot]

If you think of the market as working in cycles, option 2 won't be a problem. Right now, demand is low and it's okay. On the same note, when the market is hot and employers need to hire, you would naturally raise your standards.

Option 1 is something you might want to do continuously. If you assume that you'll eventually be laid off (market cycle), at least you didn't wait until the last minute to have picked up a few new skills.