Unemployment How it Affects the Individual Adults that found themselves to be under unemployment for longer terms that 6 months were twice as likely to fall to depression than those under 6 months (Finnegan, 2015). To make it more visual, a 2014 Gallup Poll found that among those who were unemployed for 27 weeks, 18% of them suffered from depression. At the time that the poll was taken, there were 3.4 million people, meaning that approximately 442,000 Americans had suffered from depression in correlation to long-term unemployment (Rosen, 2014). With depression comes a higher likelihood of suicide. In the gap between the years 2000 and 2011, 1 in 5 suicides were committed because of unemployment. The study conducted included sixty-three countries with the rate of suicide due to unemployment being between 20 and 30 percent of total suicides (Pianin, 2015). And even if the individual does not become suicidal, the repercussions of not having any income would adversely affect their health. The likelihood of premature death increases with the lack of medical insurance which usually comes with the loss of employment (Nichols, 2013). It is affected so greatly that the likelihood of death the year after becoming unemployed goes up by 50-100% (Sullivan, 2009). How it Affects Children When the provider of a family goes through unemployment, their dependents are at risk. Not only would the person who is unemployed suffer the physical and psychological repercussions of not having any
Although many citizens typically make enough to live and support a family, there are still cases where individuals lack the financial support needed to administer aid to their household. A few factors that hinder members of the workforce are job availability, child care necessities, transportation, and educational requirements. For example, there are people that want to work, but after expenses are paid for transportation, childcare, etc. there is very little left
Unemployed and working hard. Well that is quite a sentence isn’t it? That gets the gears rolling. How it is that one can be unemployed and working hard? In this essay I have read a lot of new interesting facts about homeless that myself I would have never assumed to be true. I read of a boy the author Simon Wykoff whose own father was homeless for many years and mainly whom the essay is written about, Wykoff often stayed on the streets with his father.
Unemployment is currently measured in the United States by counting those who "do not have a job, have actively looked for work in the prior four weeks, and are currently available for work" (Leonhardt). This means that a great deal of people are not counted as unemployed because they are discouraged and have not looked for work in the past four weeks. Or, the person was injured in some way and they are "not currently" available for work. This does not mean that the people in either of these groups do not actually wish to find work, but it does mean that they are not counted because of an archaic system that has been used by
The unemployment rate has gone so high that it leaves families to deal with psychological and economic effects of the impact of unemployment. Unemployment has caused many people to have to foreclose on their homes. The vast majority are hit hard in the black communities.
The largest cause of unemployment can be attributed to recession. The term recession refers to the backward movement of the economy for a long period. People spend only when they have to. (Nagle 2009). With people spending less there would be less money in circulation therefore, enterprises would suffer financially and people would suffer too. This is so because recession reduces the fiscal bases of enterprises, forcing these enterprises to reduce their workforce through layoffs. These enterprises lay off their workers in order to cut the costs they incur in terms of wage and salary payments.
Meltzer et al., (1995) argues that the unemployed and unskilled have more mentally unstable symptoms compared to those in employment. Also, the fear of being unemployed and job insecurity has a disadvantageous effect on health (Bartley et al., 1996).
Since the early 2000’s the unemployment rates of the United States have been constantly changing. For most of this time unemployment rates were increasing at a quick pace as the country was dealing with internal financial issues of its own. When people are out of work the rates of depression and crime seem to skyrocket. This is due to the lack of funds coming into a home which result in some less than admirable acts being committed. There are many causes of unemployment and many effects that unemployment can have on not only our economy, but our personal lives as well.
Consequently, the economic impact of completed suicides in 2010 falls around $44 billion annually. This is because the economic burden tends to effect working age citizens more often than those who commit suicide (2015). However, non-fatal suicide attempts cost around $2 billion annually for hospitalization costs, and another $4.3 billion is spent on indirect costs such as the loss of wages over an extended period of time (2015). Although these costs seem to be more of a private trouble rather than a
According to, Miller, Piper, Ahern, Tracy, Tardiff, Vlahov & Galea, “Characteristics of the social environment, such as relative income distribution, also may be important determinants of suicide risk…A number of ecological studies have shown that characteristics of the social context, including unemployment rates, economic deprivation, and social fragmentation, are associated with population suicide rates.” Some may believe that suicide is a drastic approach to have economic difficulties. However, money plays a key factor in our society today. So, they stress of not being able to afford the basic needs for themselves or their family can push a person over the edge. Another reason that people resort to suicide is due to life insurance money. A lot of people take out life insurance just in case something happened to them, so that they know that their family will be supported. So, if a person’s job does not provide them with enough money to support their family, they may believe that suicide is really the only option. Even though they are gone, their family will be able to support themselves financially and not need to worry about money anymore. Also, someone might take their own life due to guilt and stress. The poorest twenty percent in NYC still has families to look after, just like the top five percent. Except the difference between the two is that the top five percent do not have to worry as much as the poorer people. The top five percent have enough money to sustain themselves and anyone else. Those in the bottom twenty percent may see the fact that they cannot support themselves or their family as a shame and feel immense guilt that he or she is not able to provide for their family as much as a someone else can. As a result, he or she feels that they are not valuable to society and their family will be better of without them and they get very depressed (Breed 2010). A second effect of the income
K.Moser found that unemployment was a key factor in health issues in society, mortality rates were higher for those who were unemployed and the prospect of unemployment is detrimental to the health of an individual. M.H.Brenner (1977) suggested loss of a job is like bereavement but isn’t seen or respect as such (7).
Sociologists study human society. Their studies include human behavior in many social contexts such as social interaction, social institutions and organization, social change and development (Abraham). Because of the broad spectrum of social circumstances that are studied, unemployment is an issue in which sociologists thrive. Conflict in the areas of age, race, gender, and disability is common among the employed as well as the unemployed. From a sociological perspective, unemployment can be studied through both the Functionalist Theory and Conflict Theory. It also touches upon the results of unemployment in societies and institutions such as family, education, government, and health. Unemployment affects almost everyone to some extent
Specific Purpose: To persuade my audience that extending unemployment benefits strains an already overused and failing government program.
( Gurney, 1980; Prause and Dooley, 1997), increased incidence of depression ( Patton and Noller, 1990; Winefield et al, 1993; West & Sweeting, 1996), stress related symptoms ( Hammarstrom, 1994) and higher levels of anxiety ( Morrell et al, 1994; West & Sweeting,1996). In their study, Morrell et al (1998) find a strong association between unemployment in young 15 to 25 year olds and youth suicide.
Unemployment has always been something that Americans have worried about since the great depression in which one in every four people was unemployed. High unemployment has an impact on every one even those whom are still currently employed. For example if the unemployment rate is particular high then even those with jobs get worried. Unemployment is also separated in to distinct categories base on which group is the focus of the study. The categories can be by race, age or location, for example the unemployment rate of those between the age of sixty and sixty-five could be compared those between the ages of thirty and thirty-five. These categories allow economist to see which groups are the best and which groups are worst off. One group
Money is an important component that can help ones to function properly in this society. However, money defines our self-worth and value in this society. For decades, unemployment has become a big issue in our community. The younger generation are the one who suffers the most from the crisis. In 2009 alone, 6.7 million youths joined the ranks of the unemployed, and compare this with an average annual increase of 191,000 in the 10 years before the crisis 1997 to 2007(Elder,2010). Youth unemployment is a crucial issue in our society. Unfortunately, a lot of young people are going through that situation. When it comes to find a job, young people are the less fortunate for many reasons. For instance, some employers might be biased on ages and believes that young people do not have skills or enough experiences to perform at the level required for the jobs. The problem of youth unemployment has many causes and consequences in our society. Youth unemployment can affect the economy, family relationship, increase crime rates and, mental health.