The Far-Reaching Impact of Job Loss and Unemployment
By Jennie E. Brand. The Annual review of sociology, 2015
602 citations recorded by the source corpus.
Job loss is an involuntary disruptive life event with a far-reaching impact on workers’ life trajectories. Its incidence among growing segments of the workforce, alongside the recent era of severe economic upheaval, has increased attention to the effects of job loss and unemployment. As a relatively exogenous labor market shock, the study of displacement enables robust estimates of associations between socioeconomic circumstances and life outcomes. Research suggests that displacement is associated with subsequent unemployment, long-term earnings losses, and lower job quality; declines in psychological and physical well-being; loss of psychosocial assets; social withdrawal; family disruption; and lower levels of children’s attainment and well-being. While reemployment mitigates some of the negative effects of job loss, it does not eliminate them. Contexts of widespread unemployment, although associated with larger economic losses, lessen the social-psychological impact of job loss. Future research should attend more fully to how the economic and social-psychological effects of displacement intersect and extend beyond displaced workers themselves.
Subfields: Demography, Economics and Econometrics, General Health Professions
View Paper: https://www.semanticscholar.org/paper/62d2f20b8834f42c64cd8126f8f4bd3c54ddeb8b
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- J. Soland
- Monica M. Trieu
- Beth Tarasawa
- Jing Liu
- Kevin Stainback
- Erik A. Ruzek
- Megan Kuhfeld
- Brittany N. Hearne
Citations in the corpus
- COVID-19 and the 24/7 News Cycle: Does COVID-19 News Exposure Affect Mental Health? (2020, background): “In sociology studies that have used the stress process model, macrostressors have included economic recessions (Brand 2015; Buffel, Missinne, and Bracke 2016) and terrorist attacks (Richman et al. 2008).”
- Projecting the Potential Impact of COVID-19 School Closures on Academic Achievement (2020, background): “Additionally, unemployment is associated with residential mobility that increases family stress and often disrupts children’s schooling and peer networks (Brand, 2015).”