The effects and impact of unemployment are not only seen in the economy of the country but also are notable in the individual’s life. Unemployed people have numerous difficulties and these difficulties become more difficult the longer they are unemployed.
Here are some of the effects and impacts of unemployment on an individual that an unemployed person has to face.
Some most common drawbacks include a reduction in income, mental health problems, negative familial effects, and loss of skills.
Let us look at the in-depth details of these five adverse effects of unemployment on an individual’s life below.
The impacts individuals have to face include,
- Reduced income
- Wellbeing and health problems
- Negative familial effects
- Mental health challenges
- Loss of skills and professional abilities
Reduced Income
Of course, when you are earning you have a higher income as compared to the situation when you are unemployed. If you were kicked out of a job, claiming UIF can help you but only for some time. That ultimately makes it difficult for you to get the basic necessities of life like food and housing.
Those unemployed people who have no other source of income usually rely on borrowed funds and their own savings to fulfill the basic needs of life. With unemployment, income is reduced ultimately affecting the life of an individual.
Moreover, those unemployed people who are the sole breadwinner of the family face even bigger challenges and complications when they are unemployed. This is because they must fulfill not only their own needs but also the needs and basic necessities of their family members.
Well-Being and Health Problems
When you are unemployed you are not satisfied and such a situation adversely affects a person’s physical health and well-being. This distressing situation can lead you towards problems like migraines, back pain, sleeplessness, cardiovascular diseases, and even hypertension and diabetes if you are unemployed for longer.
Moreover, there are many individuals who rely on medical coverage given to them by their employers for their health care. Such individuals when become unemployed have no access to healthcare ultimately which puts their lives more in danger.
This happens because they skip medical checkups as they have to pay on their own and because they are unemployed they cannot pay much nor have health care coverage from employers. Furthermore, unemployed people usually do not spend money on wellness routines like getting nutritious foods and taking gym classes which end up increasing the chances of damage to their physical health.
Negative Familial Effects
When someone is unemployed their family also faces problems like psychological issues, limitations of food, and basic necessities of life. Most unemployed people face marital issues and lower family happiness.
Alternatively, they face more family difficulties ultimately affecting the life of every individual in the family. Furthermore, research says that unemployed persons’ stress influences their spouse’s health and well-being quite notably.
Mental Health Challenges
Unemployed individuals have more mental health challenges than those who are employed. Being jobless increases the chance of developing depression symptoms in an individual.
Moreover, unemployed people often suffer from anxiety as their main mental health issue because they are uncertain of their future. Research says that unemployed people have comparatively poor mental health and have a greater rate of bad mental health days as compared to employed individuals.
Furthermore, psychosomatic symptoms, poor self-esteem, bad self-control, and decreased well-being are often seen in unemployed individuals in society. Another research says that unemployed individuals are prone to getting psychological problems twice as compared to employed people.
Loss of Skills And Professional Abilities
Those individuals who are unemployed and are long-term jobless are more prone to losing their skills. This happens mainly in medical and engineering professions.
Important skills, professional abilities, and theoretical knowledge demand continuous usage and updates to stay up to date in the field. In case the professionals are long-term unemployed they usually lose their skills, which ends up them losing their professional ability.
What are the effects of unemployment that an individual has to face?
If an individual is unemployed he has to face loss of professional skills, physical and psychological issues, and negative familial effects. Unemployed individuals also have to face a reduction in income and certain challenges in society.
What are the effects of unemployment on society?
Widespread poverty, political instability, and exploitation of labor are the major concerns that society has to face if there is a higher unemployment rate. Societies with higher numbers of unemployed individuals also face notable reductions in economic development and increased rates of crimes and drug abuse in individuals.
What kind of health problems can an unemployed individual face?
Unemployed individuals can face multiple physical health issues since they live in highly stressful situations. There are chances that they might develop blood pressure, diabetes, migraine, cardiovascular diseases, insomnia, back pain, and mental health issues. Moreover, unemployed individuals usually skip health-related appointments as they cannot pay for regular medical visits which makes them more prone to developing certain diseases and illnesses.
Unemployment is a life stressor that can trigger several adverse impacts in an individual’s life. You need to make sure to cope with unemployment in a better way so that it does not affect you adversely. This article tells you about five basic effects that an individual has to face if he is unemployed.
To deal with those effects you have to make sure that you are not denying your feelings and are reaching out to friends and family members quite often to avoid isolation. You should also take unemployment as a temporary thing and should make sure that you are taking care of your physical and mental health in a better, more effective way.