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Unemployment and its Effect on Society and People Essay

Unemployment effects society and individuals alike. When unemployment is out of control, it can greatly affect the economy to a negative degree. When such a debilitating effect on the economy starts to take root, then the possibility that unemployment rates will expand becomes a serious threat. There is also an additional distressing effect that unemployment yield: the debilitating effect that it impacts upon individuals in society. Probably the most significant negative impact unemployment has on people (in addition to the obvious financial problems) is the onset of depression and a growing feeling of frustration.

This is an important and often misunderstood area of concern because when a person starts to suffer from the psychological effects of unemployment, the ability to become gainfully employed once again is difficult. If anything, a person should not allow the negative realm of unemployment become a psychological hell. That is, one can not let the negativity of the depression that will result from being unemployed take over a person and impede their ability to move forward and take the steps required to become employed once again. Unemployment is a negative situation to be in, but it is not a permanent situation.

While it will require a great

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deal of effort to find gainful employment, finding such employment will be very difficult is a depressed, defeatist, negative attitude becomes the dominant personality trait within the job seeker.


Baker,Dean. (November 3, 2003) “Labor Market Protections and Unemployment: Does the IMF Have a Case? ” Retrieved April 8, 2007 from http://www. cepr. net/publications/IMF_unemployment. htm Piana, Valentina. (2001) “Unemployment. ” Retrieved April 8, 2007 from http://www. economicswebinstitute. org/glossary/unemploy. htm

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