Unemployment, What a Bummer

by Mattevan on February 28, 2017 - 10:51am

The world may seem flawless on hot sunny days spent at the beach, however, whether it’s hard to believe or not, there is an abundance of issues that are occurring in this very moment. One of these serious problems is unemployment. Unemployment is the phenomenon of an individual who is currently out of work. For those who are unemployed, experiencing this crisis may cause them numerous personal problems. Unemployment can also damage a society. For example, if the number of unemployed civilians in a society is high, this can decrease the overall spending which reduces its GDP affecting its economy drastically. Also, the longer someone is unemployed, the more difficult it becomes for that person to get another job because according to Tom Ryan; “…the longer you are unemployed, the less attractive you might be to potential employers.” (Ryan, 2017). This article will elaborate the importance of improving unemployment as a priority to consider by observing the economic and psychological defects it has on individuals and societies.

The first element of society, that will be discussed, which is greatly affected by unemployment is the economy. One issue that high unemployment creates is a drainage of government wealth. The government provides monetary assistance to those who are unemployed. If the unemployment rate is exceedingly high, this can cause the government to be forced to slow down economic growth in order to pay for their unemployed civilians. Another problem that occurs in an economy when unemployment rates are high is a slowed down flow of money coming in and going out. When money is not circulating much in an economy, growth becomes sluggish. This phenomenon took place in both the United States and Canada during the housing crisis in 2008. As stated in a research paper written by Saki Bigio & Jennifer La’O; “As unemployment rose, this further pushed down aggregate demand: consumption fell among laid-off workers.” (Saki Bigio, 2011). This decrease in consumption stunted the economies, which lowered Canada’s and the United States’ GDPs. The GDP of Canada went down to a shocking -2.8%. the GDP of the United States went down to -2.9%. This information is illustrated in the diagram below. Wage inflation may also occur due to unemployment. This is caused due to the increase of job competition. This issue harms those who are currently employed because their salaries are reduced severely.

The second element of society, that will be elaborated in this article, which is highly affected by unemployment is the psychological effects it has on individuals. Losing a job can sometimes be a really rough thing to accept for some. It has the potential to “… leave someone stripped of their economic identity” (Young, 2012) resulting in them having a search for a sense of failure and filled with doubts about their future. Those without a job come to feel unworthy, incomplete and inferior. All these negative thoughts that the unemployed undergo does a number on their psyche. These thoughts may manifest negative emotions. These individuals may feel depressed and anxious about their situation.

Unemployment is a problem that every country in the world faces. It is impossible to eliminate this issue permanently but there are ways to reduce it. The main thing that governments should look out for is a decrease in GDP. Usually when GDP is falling, not only unemployment will be at risk but other social science aspects such as the environment, culture and the well beings of civilians.

 

Open-Ended Questions:

1.      What are some strategies that can be used by a country to increase job opportunities for those unfortunate enough to have been laid off of their prior career?

 

2.      How do you think a country can improve on ensuring its civilians long-term careers without having the fear of them potentially losing their jobs due to economic slow downs?

 

3.      What are constructive ways of thinking that can change the thought behaviours seen in those unemployed that can potentially gain them confidence, happiness and a job sooner than later?

 

Link to a video:

            https://www.youtube.com/watch?v=rpXFhjqoGeM

Bibliography

Pokharna, U. (2011, December 29). How Does Unemployment Affect the Economy. Retrieved from Buzzle: http://www.buzzle.com/articles/how-does-unemployment-affect-the-economy....

Ryan, T. (2017). The Overal Effects of Unemployment. Retrieved from Chron: http://smallbusiness.chron.com/overall-effects-unemployment-37104.html

Saki Bigio, J. L. (2011). The 2008 Financial Crisis: Institutional Facts, Data and Economic Research. August.

Waring, D. (2013, May 30). Canada GDP Current and Historical Data. Retrieved from Forexnews: http://www.forexnews.com/blog/2013/05/30/canada-gdp-2/

Young, C. (2012). Losing a Job: The Nonpecunitary Cost of Unemployment in the United States. Stanford: Stanford University.

 

 

Comments

Very informative and interesting article, there was a lot of detail and information that went into it. However, I think it would be beneficial if you were to add more in depth quotes and more statistic to give the reader even more of an understanding on the current situation. I can’t even imagine psychological effects unemployment would have on someone’s family, the only experience I have is that my uncle was unemployed for a little and in this short span of about a moth there was a lot of stress and anxiety going on at home with his family. Here is an article that expresses my opinion and relates to the topic. http://quod.lib.umich.edu/m/mfr/4919087.0002.207?rgn=main;view=fulltext

1. Perhaps they could take into consideration the previous jobs experience the certain individual had, I believe thus is a crucial aspect in any job and it should give a person more of an advantage in acquiring a job.
2. Maybe to insure employees of long term enrolment in the job, and this will cause the employee to fell secure in his career.
3. You can maybe ensure them that they many years of job experience and this projects them ahead of the competition.

Firstly, this article is well structured and easy to understand. Through the use of relevant and recent references, this article was able to provide concrete information that aids comprehension. The content was equally original and provided different opinions for each topic. The definitions given on the issues such as “unemployment” and “GDP” were clear and made it simple to understand the current issues. The economic perspective was well detailed to fully be aware of the problems related to unemployment. However, further development on the psychological trauma of unemployment would have been beneficial.
Personally, we can relate to this issue because of our current status of unemployment. Similar to many other students of our age, we are willing and able to work but have run into obstacles along the way. For instants, both Peter and I have applied to several jobs over the course of several semesters. This is due to our minimal experience in the workplace but it is hard to get experience in the first place if no one is to hire us to begin with. Also, if by chance we were to attain a job, this would be very difficult to manage between school and working. It will affect our grades and impact our future careers.
To have your article to continue to impact others in a positive way and aid them in their research on unemployment or even their quest to conquer their negative past experiences from unemployment, we highly recommend that you view this website to gain more knowledge on the treatment for those affect of unemployment: https://www.helpguide.org/articles/stress/job-loss-and-unemployment-stre...

Question Responses

#1 To increase the job opportunities for those that are unemployed and qualified, the government can create more jobs in the public sector and invest more funds in infrastructure and community services.

#2 Through an investment in pension funds and ensuring that companies provide insurance policies for their employees, then the job security of the workers will be further guaranteed for the future.

#3 With participation in group counseling and by encountering other that have faced the same struggles as yourself then you can gain the qualities necessary to seem as a qualified candidate for the position.

Very informative and concise article! I particularly found the title effectively and humorously communicates the motif of the piece. Nevertheless, the article could greatly benefit from an analysis of unemployment through a gendered perspective. That is, separate examinations of unemployment as experienced by both men and women.

For example, discussing the influence the mommy track – a dilemma whereby women must choose between career success and domestic care – has on women in the labour may elaborate that unemployment reduces cash flow and causes economic slowdown. Women are sometimes forced to contemplate the mommy track because it is impossible to maintain both options. Consequently, women must usually settle for lower paying jobs, or worse unemployment, which as discussed in the article decreases cash flow.

To further read about the mommy track, The Economist posted an interesting article about the phenomena: http://www.economist.com/node/21560856

Meanwhile, the psychological impact of unemployment on men can also be mentioned. Hegemonic masculinity is the typical societal expectation for men’s comportment (personality, physique, sexuality, etc). By this standard, wealth is directly connected to success – and men are expected to be successful. This gendered expectation of men could highlight how unemployment can lead to the development of mental health illnesses.

The way that this article has been written is exquisite. Provision of facts and statistics attracts the reader as the information given by the graph provides a supporting base to your main argument. You are giving the reader a very detailed information as to why unemployment is a major threat to a nation's economy.

If we see this article by using a gender lens filter, then one thing that comes to my mind is women unemployment. I would like to introduce you to a concept called MOMMY TRACK. It refers to the diminishing opportunities women face in work force after having children. Women have to face a strong choice between having children or a career. After having babies, many women have to leave their jobs just because of the fact that they have to take care of the baby. This is one of the major reason as to why unemployment rates are high.
In our society, considering men on the other hand, tells us that when men become fathers they are promoted or are congratulated because of the fact that there is a feeling that men become more responsible after becoming fathers, whereas women on the other side have to divide their time between the baby and their job.
Possible solutions to this problem could be:
1) Flexible working hours
2) Considering the possibility of providing the option of 'Work from home'
3) Better maternity and paternity leave

Link- http://time.com/3430120/mommy-track-nothing-wrong-with-it/

This article explains very well the impact of unemployment on the society and individuals. All the definitions and citations help prove the point of the article. Moreover, the graph is a powerful visual component which lets the reader to have a better understanding of the growth in real GDP% in Canada and USA for the past years. However, the article can be greatly improved through a gendered perspective.
In the article, it is assumed that men and women are unemployed in equal proportions. Nevertheless, this assumption is completely wrong as it can be seen in the following article:
http://www.women.gov.on.ca/owd/english/economic/women_work.shtml
This article shows that women are less likely than men to be employed. This phenomenon happens because women have more difficulties than men in the workplace. One of the most obvious problems women have is the “Mommy Track.” This term refers to women who have children and must choose between being fully devoted to their jobs as men are, or, taking care of the children and diminishing the opportunities of a good career. Since women usually choose the domestic environment over their career after having children, their unemployment rate increases. On the other hand, men do not suffer from the “Mommy Track.” If anything, men have a better reputation in the workplace after having children.
This phenomenon makes the unemployment rate for women and men to differ significantly. Some possible solutions to improve the employment rate of women are to have more flexible working hours for men and women and to have better child care options, including paternity leave.

To start off, I would like to say that I agree with you about the unbelievable rates of unemployment. The article is well written and includes a lot of related details and statistics that help the readers have a more comprehensive view of unemployment. Unemployment has become a serious issue and solutions are needed in order to save the economy. Therefore, to further your analysis I would like to point out that gender plays a big role in unemployment. The mommy track which is usually taken in action by women greatly affects this issue.

When women give birth to children they are to face a very challenging dilemma. They are to decide between two important paths, keeping their job and salaries or staying home to raise their child. As most mothers rather take care of their babies, this creates an increase in unemployment. This phenomenon is known as "The Mommy Track". The following link is helpful for further concerns about the mommy track. https://en.wikipedia.org/wiki/Mommy_track

Though, in order to solve this problem there are several solutions I will introduce to you. If there were more flexible hours and conditions of labour mothers may balance out between doing their job and raising their child, which would slow down the increase in unemployment. A better maternity or paternity leave would also solve a big part of the mommy track. Lastly, the expansion and the facilitation of child care systems would allow mothers to get to their jobs without worrying about who's staying home with the baby.

This article tackles a very important issue that is important to many people. Unemployment is a very serious issue that needs to resolved to boost the economy. However this article can be improved if we look at unemployment through a Gender perspective.

Unemployment is disproportional between Men and Women. The main reason for this is because Women have to make choice when they have a baby. They either have to stay home to take care of the baby or still be completely devoted to their job like their Husbands. This phenomenon is known as the "Mommy Track" More information about the "Mommy Track" can be found here http://www.economist.com/node/21560856

There are several possible solutions for this issue. One solution is more social programs that take care of young children. If we look at Europe for an example who have government subsidized daycare. With free daycare a mother can easily make the choice of going back to work and continuing on with her career. In Canada daycare is not completely subsidized as the costs depends on the family's income level. Another solution is to have flexible working hours or to have an option to work at home. This would help women keep their job while taking care of their baby. Ideally it would be nice to be paid in full salary but the most realistic solution is to pay them a percentage of their original salary.

Hi. Your article is very informative and it brings attention to the serious problem of unemployment and its impact on society. However, I think it could lead to a deeper analysis of the problem if we consider the role of gender with this problem.

For example, you mentioned the psychological impact that unemployment has on an individual. Of course both genders would be affected. However, it might be more serious for men considering their masculinity depends on financial wealth and success. The man-box of the patriarchal world view polices men into being successful and rich and when this criterion isn't met, they are policed and criticized. For further information on men and masculinity you can visit this site: http://www.wps.colostate.edu/men-and-masculinities

Another point that the gendered world views brings up is the issue of women's expected role in society. Women are expected to be the house-wives who take care of the children. So they tend to have more difficulties in obtaining a job because they are expected to quit once they have children. Even once they are professionally engaged, when they have children they are forced to choose between either their children or their professional career. This phenomenon is called the "Mommy Track." The rates of unemployment are much bigger in women due to this issue. For further information on mommy track you can visit this site: https://en.wikipedia.org/wiki/Mommy_track

This article is fascinating and informative. I have done some research about an organization whose goal is to educate people in low-income families, as well as, people who are unemployed about how to do their taxes and how to manage their funds. The Notre-Dame-De-Grâce Community Council offers free tax clinics for the community. Their mission is to provide an opportunity to those who need the help with understanding how the taxes themselves work and to have a professional fill them out with them for free. The core values are education, community, and management. The type of volunteers they need is people to work in the four different centers that they set up around Montreal to ask questions and help organize the people who come in. They only need volunteer around March because this is when the clinic will be open being that this is when the taxes come in. To become a volunteer, you need to contact Annick Munyana, who is the Community Organiser. You can contact her by email annickmunyana@ndg.ca or by telephone at (514) 484-1471 ext. 229. For questions, you can visit their website http://www.ndg.ca/en/tax-clinics-ndg-coordination-committee/.

About the author

Matthew Lindy. 6'3" 21 year old Jewish male currently studying Commerce at Centennial College.