Main Effects of Losing a Job

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In life, each individual has a set of goals that he wants to reach. One of those goals is having a good job. In fact, according to an expert, having an employment is the only thing that helps the person develops his life. In contrast, the act of losing a job impacts negatively on the person’s life. Because of normal causes, the employee can be removed from his occupancy. In addition, he starts to fall in troubles. For that, financial problems, health problems, and career problems are three effects that are caused by job loss.

The first effect is financial problems. Money is considered important for people because of its influence on their personal lives. As known, people work seriously in their employments in order to get a good income that can lead them to satisfy all their needs. However, by losing a job, you lose your income immediately. Then, loss of that wage makes the person suffer from the financial side. The person who has a family will try to perform the obligatory bills in order to escape from problems. Because of the successive financial constraints, the victim will seek solutions to solve his problems. To conclude, losing a job by someone will make him suffer a lot.

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Another effect of losing a job is health problems. Health, as defined by the World Health Organization (WHO), is “a state of complete physical, mental and social well-being and not merely the absence of disease or infirmity”. Job loss is a normal act; however, this has a significant impact on a person's health. It causes many problems, such as stress and pressure. In addition, the frequent thought of finding solutions to escape from financial problems leads the person to fall in health problems. In fact, because of job loss, a huge number of persons had suicide as a result of negative thoughts that promote in their minds.

The third effect of job loss is career problems. In the event that you lose your employment when the contracting market is tight, it can take months or even a year or more to find another position. Contingent upon your industry, your position and where you live, it might be important to take an occupation at a lower level or even a totally extraordinary industry to procure a salary. Taking such a position can influence your vocation. Except if you find a way to remain current on the progressions and development inside your industry. Losing your activity can influence your capacity to compete with different candidates. Then, if you are fired from work for reasons, it is likely that you will not be able to use the employer as a reference to other candidates.

In a nutshell, we can consider the three effects of losing a job, as mentioned before, as financial problems, health problems, and career problems. In addition, there are many effects, but these are the general ones. In contrast, there are also serious solutions that should be applied in order to avoid these effects. The victims of job loss should seek the best ways to solve their positions instead of falling in thoughts that impact negatively on their personal lives. According to my personal idea, the government is also participating in these problems because it is the main responsible for that.

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Main Effects of Losing a Job. (2022, December 15). Edubirdie. Retrieved May 30, 2024, from https://edubirdie.com/examples/main-effects-of-losing-a-job/
“Main Effects of Losing a Job.” Edubirdie, 15 Dec. 2022, edubirdie.com/examples/main-effects-of-losing-a-job/
Main Effects of Losing a Job. [online]. Available at: <https://edubirdie.com/examples/main-effects-of-losing-a-job/> [Accessed 30 May 2024].
Main Effects of Losing a Job [Internet]. Edubirdie. 2022 Dec 15 [cited 2024 May 30]. Available from: https://edubirdie.com/examples/main-effects-of-losing-a-job/
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