Unemployment in Today’s Society Unemployment is a terrible thing, but unfortunately it is an everyday normality. There are plenty of reasons why someone ready and able may be without a job. Every action comes with a consequence however; the causes and effects of unemployment are very potent in life. For example, an individual may lack the proper skills for the hand at task so their job will be terminated. The same goes for if they are absent often or late; that will not be tolerated. A person is considered unemployed if they are fired from their job due to budget cuts and they are in waiting to get their job back. As well, there may be an abundance of workers but not enough jobs to match; or the mirror opposite may occur; there are plenty of jobs but workers do not have the right skills or experience to work for the job. Either way, unemployment will begin to rise steadily, and this will not help the world’s economy get better. Younger individuals tend to have more issues finding jobs, and this aids the unemployment; the younger individuals usually have lack of experience and then they cannot find jobs; in turn they cannot earn the proper experience to receive better jobs. With the younger generation not being able to find jobs, they tend to turn to the streets in a negative way, stealing, become drug dealers and users, alcoholics, etc.
Individuals lose their income if businesses close down, if businesses are declared bankrupt or individuals are too sick to work. Wrong investment plans also cause unemployment; a bad decision can cause one to miss an opportunity of employment. Taking out a loan on the business and failing to pay causes for a bank take over and the close of the business. Taking a loan on the mortgage of the house, failing to pay is even a serious problem, since one will lose the business and even the home. The recent economic crisis has caused real financial strain on the society. With prices of fuel, transportation and raw materials go up, this cause production costs to go up, if production is expensive then the goods and services prices also go up. A bad economy means that at the same time people have little or no money in their pockets and the little they have they are holding on to it. This means that the rate of consumption of products and services goes down. Businesses then have to cut back on production reduce the working hours and even lay down employees; some businesses have even completely closed to cope with this situation. The laying off of employees has caused unemployment, in the society and eventually in the family. Therefore economic problems are a cause of unemployment.
The consequences of unemployment can effect more than the person who was without a job; it can go as far as affecting the family and the income of the family. Living without a solid income is a very difficult way to live. The individual that just lost their job is open to a variety of emotions, anger, sadness, confusion, stress and all these emotions can really break a person down. In the case that finding a job takes longer than originally expected, the individual may not have enough money in the bank to make all their ends met. This only adds stress they are already going through. The person maybe in between odd jobs or is searching for a job, and this also adds stress and strain to relationships. A stressed and worried person will not be one to the party with friends or spend big for a family get-together.
Unemployment causes consequences of an individual and family, and that is they can no longer make payments on a few things that they enjoyed before. It becomes a luxury to eat out, take the car; they have to take the bus or train. Family vacations are reduced or even not taken in the end; trips to the store are reduced. They have to change their eating habits too, where they used to enjoy rich up to three meals a day, with some families enjoying several courses in a meal, they have to make do with fewer courses and fewer ingredients. The children are especially affected if they have to do with eating from the cafeteria at school while they were used to having money for lunch, and in this matter, even some teachers struggle with paying for lunches as well, having to take care of a household with just their income coming in because the spouse or others have lost their jobs or cannot find work. The children are not able to participate in afterschool activities because the family does not have the funds to pay for the items needed, which means the children miss out on those opportunities.
Unemployment also affects the economy itself. When there are jobs available, but not the properly skilled people there for the job, productivity suffers a decrease. Jobs demanding skills and training such as those required in the automotive industry are becoming increasingly scarce. Although the service industry sector of the economy has continued to expand in the 1980s and 1990s, many of the available jobs are low paying with commensurate low skill requirements. As a result, for the worker, plant shutdowns mean lower pay, if work can be found, long periods of unemployment, and eventual loss of benefits such as health coverage and unemployment compensation. This all creates a chain-reaction; everyone involved is affected. The employees may suffer burn out from all the excess work, the clients may feel abandoned if their needs are not met and they will go to other areas for their needs to be met. The company itself will lose revenue.
On the other hand, the lack of the luxuries may cause people to blame the provider for losing their source of income, they also turn edgy as they become insecure, they cannot deal with the fact that now they have to make do with less. The limited budget, the choice the family has to make on what is to be left out of the budget is a trying task, a housewife who has to reduce or stop her visits to the spa, shopping and lunch meetings may get testy. The family splits up on items to be incorporated and left out of the budget. Families have been known to split up and when the loss of income happens, when there is no any other source of income in the near future. The process of looking for another source of income is a hard one, if they are emotionally beaten they may not be enthusiastic in the job hunt, the move to another part of town or city may warrant the breakup of the family. The breakdown of communication at this time because of tensions may also cause the family to break up. The family may have to move to another part of town or the country as they search for income, or as they move to a less expensive house. The failure to pay for mortgage or the repossession of their house causes them to move, either with family, friends or they even become homeless.
Seeing a family fall a part because of the difficulties of finding employment and stress levels rising, is very heartbreaking. Helping people and encouraging them to get jobs, in or out of their fields in what I’m striving to do. Work is definitely necessary in today’s economy.

References
Amadeo, Kimberly. "What Is the Business Cycle Stages and Definition." US Economy and Business http://useconomy.about.com/od/glossary/g/business_cycle.htm

Dalje.com. "The Biggest Number of Unemployed In The World - World - Economy - http://dalje.com/en-economy/the-biggest-number-of-unemployed-in-the-world/17317