We take a closer look at the emotional and physical toll of being out of work.
Another devastating report on the state of the nation’s job market. 14.5 million Americans out of work, almost half of them more than six months.
New research shows the longer Americans go without work, the greater the risk not only to their economic futures but to their well-being. No money for doctors or medicine. Feelings of sadness and anger. Family problems, marital discord, kids acting out.
We look at the relentless worry and debilitating stress of unemployment.
Henry Farber, professor of economics at Princeton University. He is an expert on the U.S. labor market.
Rina Dubin, psychologist in private practice for more than 25 years.
Dwight Frazee lost his job as a construction worker in 2008. He has exhausted his unemployment insurance and now is in the process of losing his home. His wife lost her job a year ago. They have a five-year-old daughter.
Leslie Mulcahy, co-owner with her husband of the Rabbit Hill Inn in Lower Waterford, VT. For more than a year she has invited couples who received pink slips to spend an all-expenses-paid stay at the Inn. So far the Inn has hosted 15 pink-slip couples.