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New York Times Study Examines Emotional Impact of Unemployment

Unemployment Is Hitting Americans Where It Hurts

The recession has affected us all in one way or another — if you haven’t experienced salary freezes or cuts, layoffs, or home foreclosures over the past year or so, odds are someone you know has.

But, what about the recession’s less tangible effects? A New York Times/CBS News poll released this week explores the emotional fallout of being unemployed, and the results are sobering. To see some of the results,

.

As a result of being unemployed:

  • 69 percent are more stressed
  • 55 percent have had trouble sleeping
  • 48 percent have experienced anxiety or depression
  • 46 percent have felt embarrassed or ashamed
  • 60 percent have taken money out of savings or retirement
  • 53 percent have borrowed from family or friends

Are any of these results surprising to you? Have you or has anyone close to you experienced any of these unemployment-induced effects?

Source: Flickr User Alyssa L. Miller

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