FDI Unemployment and Its Effects Term Paper

Total Length: 832 words ( 3 double-spaced pages)

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Marie Jahoda said that employment is a social institution with objective consequences that occur for all effected by it, overriding individual differences in feelings, thoughts, motivation and purpose (Fryer, 1995). Some of these, like earning a living, are intended or manifest. Others are unintended or latent.

According to Jahoda (Fryer, 1995): " employment makes the following categories of experience inevitable: it imposes a time structure on the waking day; it compels contacts and shared experiences with others outside the nuclear family; it demonstrates that there are goals and purposes which are beyond the scope of an individual but require a collectivity; it imposes status and social identity through the division of labour in modern employment; it enforces activity..."

For many people, the stress of being unemployed is devastating (Woolston, 2002). A recent study of more than 500,000 people in Great Britain revealed that people who said they were unemployed in a 1981 census were approximately three times more likely than employed people to commit suicide in the next decade.

Job loss seems to result in a serious erosion in people's sense of control and self-esteem," says William R. Avison, Ph.D.
, professor of sociology and leader of the University of Western Ontario study (Woolston, 2002). Because control and self-esteem are two limitations of mental health, it is understandable that unemployment affects people so deeply, he argues.

Avison observes that some of the people in his study may have had mental illnesses before they lost their jobs; in fact, the illnesses may explain why they were fired. "I see it as a chain of events," Avison says (Woolston, 2002). "Many people have their first mental health problems of their lives after losing a job. And because of their illness, they may be more likely to lose future jobs."

It is clear that the impact of unemployment goes far beyond mental health. Extreme stress can make a person susceptible to many problems, from headaches to heart attacks (Woolston, 2002). Research indicates that people who have been unemployed suffer more than their share of heart disease and strokes. In fact, recent research estimates that every 1% rise in unemployment rates in the United States leads to 6,000 extra deaths per year......

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"FDI Unemployment And Its Effects", 27 April 2005, Accessed.20 May. 2025,
https://www.aceyourpaper.com/essays/fdi-unemployment-effects-64271