Study Shows Psychological Impact of Unemployment

An American study shows the impact of unemployment on people’s mental health

For the nearly 15 million Americans currently unemployed, this year’s Labor Day holiday may be less a celebration of a brief respite from work and more a cruel reminder that, despite glimmers of hope in the U.S. economy, there remains scant opportunity for many to rejoin the workforce. Very few people don’t know someone—a friend, relative, or former colleague—who has lost a job amid the recession: The economy has shed some 6.7 million jobs since December 2007, according to the U.S. Bureau of Labor Statistics (BLS), and some experts fret the U.S. could be in store for a “jobless recovery” in 2010.

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