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Why unemployment can feel worse when there is less of it around

(Version anglaise seulement)
par Peter Howley, Professor of Economics and Behavioural Science, University of Leeds
Unemployment levels will be an important test of the economic impact of COVID-19. Some sectors have seen employees furloughed en masse, and the longer-term effect on businesses could mean that many lose their jobs permanently.

Aside from causing financial difficulties, unemployment can take its toll emotionally and psychologically. Research my colleague and I conducted suggests that the negative effect on mental wellbeing varies depending on where you live.

You might expect this…The Conversation


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