728x90
my iParenting
From Our Sponsors
e-newsletters
Sign up to receive our free weekly e-newsletters

new terms of use
new privacy policy
award-winning products
The iParenting Media Awards program helps parents find the best products for their families.
Home › Articles › Financial Fitness › Recession Depression

Recession Depression

Dealing With Layoffs and Downsizing

By Carma Haley Shoemaker

Pages:  1  2  3  4  

Recession Depression-Dealing With Layoffs and Downsizing

The discarding of workers in times of corporate belt-tightening – or the complete collapse of a company such as Enron – may signify that the talk of a new economy may be more myth than reality. For workers without jobs, it's the same economy as always. Fathers, being the "traditional" breadwinners and responsible for supporting the family, can suffer from the trends of today's economic climate and very easily may go into a depression.

A Downsized Dad
According to the Department of Labor, the national unemployment rate is 5.4 percent, with approximately 7.7 million people unemployed, an increase of .5 percent since the September 11 tragedy. While the primary effects are well-known – financial strain – there are other effects of a more personal nature that can last far past re-employment.

Recession Depression-Dealing With Layoffs and Downsizing "I followed 50 men as research while composing an article for Psychology Today," says Dorothea Braginsky, professor of psychology at Fairfield University in Fairfield, Conn. "Nearly all of the men I studied, men who had lost their jobs, had dramatically lower self-esteem than those still employed and held very cynical views regarding society. After re-employment, their self-esteem never rebounded entirely and their level of cynicism toward society remained the same. Once a person has been made to feel 'surplus' and expendable, they are forever scarred."


Pages:  1  2  3  4  

Want to see more?

Comments

There are no comments for this article yet.Be the first to add a comment.

Post As:
Enter your comment below:
Title
Comment Text
CAPTCHA
Please note that any comments submitted become the property of Disney Family / iParenting and can be edited and posted at our discrection.