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For many people, job loss can be a catastrophe with far-reaching negative psychological and economic consequences. Unemployment leads to lower earnings, worse physical and mental health, and lasting unhappiness for those directly affected. The negative psychological consequences of unemployment can even spill over to spouses and children.
Unemployment can have damaging consequences for individuals and their families. Job loss often means lower income, increased poverty risk, and worse future employment prospects. Evidence from around the world shows that those who are unemployed have worse life satisfaction, happiness, and mental health than the employed.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.