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Some of the problems are: 1) financial losses of the unemployed worker, 2) burden on the tax payers providing benefits to the ex-worker, 3) national economy suffers because of lower output, 4) desperate people resort to crime to have basic necessities of life, 5) health, self-esteem, depression, illness, brought on by the trauma, etc. The list could go on and on.
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CoachUnemployment can lead to financial strain, increased stress, and mental health issues for individuals. It can also contribute to social disparities, erode community cohesion, and strain social services as more people may require assistance. Additionally, long-term unemployment can lead to decreased job skills and opportunities, perpetuating a cycle of poverty and inequity.
well i think it has a major negative effect because this lead persons to go to illegal activities such as drugs. It also contributes to the poverty population as unemployment leads to no source of income and without money the basic needs would not be reached and they themselves and those who are depending on them will indeed suffer.
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