The Science of Personal Finance

Record Unemployment Fuels Depression & Loss of Identity

Unemployment can cause a loss of identity and stress.
Unemployment can cause a loss of identity and stress.
(Image credit: Dreamstime)

The amount of time Americans go without work has reached a record level, according to data released last month, and today the Labor Department said new claims for unemployment benefits rose unexpectedly last week.

Meanwhile, a new study finds all this joblessness doesn’t bode well for the nation’s emotional health.

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