Unemployment relates to all people who want to work but have been unable to-find jobs-those who have worked but were laid off, recent high school and college graduates, people with disabilities, the poor and uneducated, women returning to the workplace after child-rearing and retirees who need additional income and/or stimulation. Because unemployment often means financial hardship, it can challenge the mental health not only of the people directly involved, but that of their spouses, children and parents as well.
Unemployment is also a source of stress for those who have job but are constantly threatened with losing them. As per the research, most workers are amazingly stress hardy and pragmatic when coping with the uncertainties of corporate world. The research also showed that one measure of a worker's adjustment to today's climate of job instability is that less than half of the workers surveyed expect to spend their entire careers with one company. Among those under age 34, only one-third counted on retiring from their present employer.
As per the famous Writers “unemployment as a fact of life will continue, if not worsen. Current statistics on unemployment and layoffs underestimate the dimensions of the problem. Even with unemployment at 6 percent, there would still be 7 million people out of work. Because government statistics do not include the discouraged job seekers and those who have joined the expanding ranks of the permanently unemployed, these figures vastly underrepresented the number of people actually out of work”.
Other opinions about unemployment are given below
“The higher workers perceive the unemployment rates in their communities and/or professions to be, the more pessimistic they will be about the prospects for finding new jobs, especially ones at equal pay”.
“Now when unemployment is still an important problem in many parts of the country, idle hands are making more work for physicians. People who are out of work make more visits to their physicians for a variety of complaints. Areas of high unemployment also report a higher incidence of alcohol use, and more marital and family abuse and violence.
