This iReport is part of an assignment:
Signs of the economic times
About this iReport
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Posted February 9, 2010
by
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Location
Agawam, Massachusetts
Agawam, Massachusetts
Assignment
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The Psychological Impact of Unemployment
Since December 2007, the American workforce has shed millions of jobs. Evidence of the financial setbacks experienced by suddenly unemployed individuals is all around us, but there is also a profound psychological impact that shouldnt be overlooked. Studies show that more than 40% of unemployed individuals suffer psychological distress. More alarmingly, the stress created during unemployment not only affects the individual, it alters or ends their career path and brings uncertainty and anxiety to their family. Thomas Fox, Community Outreach Director of Cambridge Credit Counseling, offers advice on how you can develop a positive mindset for dealing with unemployment.
- TAGS:
- unemployment,
- stress,
- economy,
- recession
- GROUPS:
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