How do unemployment and underemployment affect not only the individual, but also the larger society?

Please provide the best answer for the statement.


1. On the personal side, employment is important for people because it not only sustains
their livelihoods, but is a source of identity and pride. Unemployment has serious
emotional consequences to the individual. Times of high unemployment and
economic recession are also times of higher suicide rates and mental illness.
2. On the societal side, the unemployment rate is considered to be a proxy measure for
the well-being of a society. The lower the unemployment rate, the better the economy,
and the higher the well-being of the population.

Sociology

You might also like to view...

Why is groupthink dangerous to an organization?

What will be an ideal response?

Sociology

According to the text, which of the following is true about the male role in contemporary America?

(a) The male role has not changed. (b) American men are beginning to de-emphasize their work role and emphasize their family role. (c) American men want to retain their dominant position at all costs. (d) There is no room for changes in the male role.

Sociology

In light of recent studies demonstrating that the consumption of genetically modified organisms (GMOs) such as corn have produced life threatening tumors in nonhuman research subjects,

the federal goveThe use of nannies by upper-middle-class families has demonstrated a number of problems including tensions over differences in disciplinary action, parents missing important milestones in the child's life (first step and first words),rnment has passed a law requiring all GMO products be identified as such on their labels. Indicate whether this statement is true or false?

Sociology

Those at the middle and bottom of the class structure have seen their incomes grow at a much slower rate than during the Age of ______, whereas those at the top have seen their incomes soar.

A. Growing Inequality B. Social Mobility C. Shared Prosperity D. Income Inequity

Sociology