Although you would expect American citizens to be enthusiastic about the economy picking up, it seems that the unemployment rate is no longer reflective of America’s mood. On Friday, reports showed that the jobless rate (which has been steadily declining) has dropped 5.8 percent. And compared to five years ago, when the unemployment rate was 10 percent, this gauge of economic strength is … [Read more...]
Long-term Unemployment associated with Depression in Americans
The job status largely affects any individual’s mindset. A new study about unemployment has found scientific evidence into it. A recent survey, conducted by Gallup, has found that Americans who have been without a job for a long time are more likely to be clinically depressed than those who are working. Out of the 3, 56, 599 Americans involved in the study, 18,322 of the individuals were … [Read more...]