Losing a job, or being out of work for any reason, is hard financially. Many people who have become unemployed or are struggling financially will experience stress associated with not having enough money to pay for daily necessities. However the effects of long-termunemployment can far exceed the impact on your finances.
The impact of unemployment on physical and mental wellbeing
The most common psychological problems associated with unemployment are anxiety and depression. A study by the Department of Work and Pensions (DWP) established a positive association between unemployment and poor mental health. The study also found thatunemployment is also associated with an increased risk of suicide.
Other factors to consider relating to unemployment and mental health are drug and alcohol abuse. Because of the depressed and stressed feelings people can have during difficult financial times, there is an increased chance for detrimental behavior.
In addition, those who are unemployed experience poorer physical and general health, including cardiovascular disease, lung cancer, as well as ME, Fibromyalgia and Somatic Disorders.
Returning to the workplace after unemployment
The same DWP study established when an unemployed person with mental or physical health problems does find work, re-employment improves health. And there was no evidence that people – even those who suffer from mental illness – are made more ill by work.
Regular work can give individuals a sense of value and purpose, develop confidence and responsibility. Other benefits include increased confidence, a wider social network and a sense of belonging.
Returning to the workplace after a period of time requires a proactive approach, especially if you are looking to find work that has meaning for you. You may wish to start by reviewing your life goals to establish what is important to you and how you see yourself adding value. This can give you a good indication of what types of organisations to approach and the types of skills you can offer. Thinking laterally about your job search can also offer fresh perspective, for instance you could look at what skills are currently needed in the job market and what unique qualities you to offer, from the skills you have gained in all aspects of your life.
How we can help with unemployment
If you or someone you know is experiencing some of the negative effects of unemployment as described above, you may wish to contact us to discuss the ways in which we can help.
This might include Counselling or Psychotherapy, Stress Management, Life Coaching, Neuro Linguistic Programming (NLP), or Relaxation Techniques.
MoneySavingExpert.com are offering a free guide to managing debt, which you can download here.