How Unemployment Affects People?

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Unemployment affects people by depreciating their economic lifestyle. This increases the rate of crimes, divorce and homelessness as people are unable to meet their demands and needs. Furthermore, it leads to depression and psychological trauma as people see themselves as worthless, therefore diminishing the relationship between people.
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How Does Unemployment Affect People?
Psychologists rank life stressors in a hierarchy of severity and the level of impact the event has in creating stress on an individual. Job loss and the resulting financial hardship rank at the top of the lists. The Department of Human Development and... More »
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