Category: job security

Arrows -- unemployment harms health, recession improves it

Unemployment Makes Health Worse. Recession Makes It Better?

Getting laid off, job insecurity, and long-term unemployment are hazardous to your health. So why do health measures for statewide populations tend to improve during economic downturns? Job loss is associated with a 73 percent increase in mortality risk — the equivalent of adding 10 years to a person’s age, according to a 2014 study from Drexel University. Yet the same study found that  each percentage-point increase in state unemployment rate reduced the mortality risk of a resident of that state by 9 percent, about the equivalent of being one year younger. In other words… Joblessness strongly increases the health risk for people who are jobless. But… Periods...

Getting Axed Is Hazardous To Your Health

You look to your job not only for income and benefits, but also for purpose, social interaction, and daily routine. These influence your health, and the loss of them — or the threat of losing them — can suck the life right out of you. Every day, millions of Americans either look for work or go to work. Their success at finding and/or maintaining a decent job with good benefits will, to a large degree, determine their current and future health. — Robert Wood Johnson Foundation Job loss, long periods of unemployment, and job insecurity have all been linked to...