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Causes of Unemployment;
People can be unemployed for many reasons:
Quitting their position
The need for their skill set has gone down, and there are limited
positions available, which may lead to unemployment until they train for
a new position.
Technology has reduced the need for their type of position
Effect of Unemployment;
The consequences of unemployment can effect more than the person who was
without a job, it can go as far as effecting the family and the income
of the family. Living without a solid income is a very difficult way to
live. The individual that just lost their job is open to a spectrum of
emotions, anger, sadness, confusion, stress and all these emotions can
really break a person down. In the case that finding a job takes longer
than originally expected, the individual may not have enough money in
the bank to make all their ends met. This only adds stress they are
already going through. The person maybe in between odd jobs or is
searching for a job, and this also adds stress and strain to
relationships. A stressed and worried person will not be one to party
with friends or spend big for a family get-together.
Please let me know if you need any clarification. I'm always happy to answer your questions.