Unemployment in times of financial crisis, increased sharply. Unemployment is a consequence of the financial crisis, which most directly affect ordinary people. In times of financial crisis, unemployment has increased significantly in all countries of the world's top economies. Unemployment is associated with economic growth. The conditions for stable economic growth in the world are uncertain ( unrest in North Africa, the earthquake with tsunami in Japan and the growth of food and oil prices). Economic growth is slower in developed countries than in developing countries. Both have the greatest difficulties in addressing unemployment in North American and European countries.
Est. unemployment rate
US 2006: 4.8%, 2007: 4.6%, 2008: 5.8%, 2009: 9.3%, 2010: 9.7%
EU 2006: 8.5%, 2007: 8.5%, 2008: 7.1%, 2009: 9.0%, 2010: 9.5%
Source: CIA World Factbook
The number of unemployed is in the U.S. 13.7 million and in the EU 22.8 million.
From the data we see that unemployment has a significant impact on society. Unemployment has a direct impact on the unemployed person and an indirect impact on the family and wider society. Without a job, life is different.
Loss of employment has on people a very large negative financial, social and psychological impact:
Financial impact: Loss of income has an impact on the lives of whole families. People due to loss of revenue cannot hang out with friends at social, sporting and cultural events. They become even more socially isolated. Adults may feel uncomfortable and can have serious health problems resulting from psychological and sociological situation of job loss. Particular vulnerable are unemployed young people. Young people without income can't satisfy their material needs, so some search solution in crime.
Social impact: The fact is that people with no money are socially isolated. They cannot participate in social, sporting and cultural events that allow gathering of people. They also do not have colleagues with whom to socialize at work. Unemployed seeking socializing between unemployed, which makes them even more socially isolated. Unemployment also has significant negative impact on mutual relations in the family and wider society. Unemployed young people in such situation cannot see the future and may be subject to the influence of alcohol and drugs.
Psychological impact: Loss of employment has a major psychological impact on humans in the form of sleep disturbance, impaired concentration, stomach problems, loss of self-esteem and depression. Loss of job acts on some people very stressful. This is much more difficult, if unemployment lasts for a long time. All this affects on relationships in family and wider society. An unemployed person need help and support of family and friends. Unemployment has much larger implications than just loss of revenue from the individual.
How to act in case of loss job? Think positive!
Visit Unemployment insurance office. Apply for unemployment benefits if you are eligible. Inquire for possibility of education and job search assistance. Do not be afraid to ask friends or other people for help.Try something new. Maybe this is an opportunity for a new career. If you are inexperienced in job search, make you plan for successful job search campaign. Current labor market is small and uncertain. Search for guides to help you find job. This guides help you to prepare yourself to be best candidate for job. You must learn how present your best image and what employers really looking for. Professional first impression is very important. Stand out of the crowd, success is up to you.
Visit the web site http://www.mirrorofrecession.com/unemployment.html for job seekers guides.
On web site http://www.mirrorofrecession.com you can also find practical advice for the crisis times.
IN THESE CRISIS TIMES, I WISH YOU SUCCESS IN FINDING JOB!
Article Source: http://EzineArticles.com/?expert=Bojan_Cehte
http://EzineArticles.com/?Unemployment-and-Its-Impact-On-People-Who-Lost-Their-Jobs&id=6272353
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