Unemployment,
if it is high enough, can have many impacts on society. These impacts can be economic, but they
can also be seen in areas like crime and the family.
The most obvious impact
of unemployment is that it hurts the economy. People who are unemployed have less money to
spend. They are able to buy fewer goods and services, thus making businesses less profitable.
This can lead, in turn, to even more unemployment. High unemployment, then, has very negative
economic impacts.
Unemployment can impact society in ways that go beyond its
economic impact. For example, unemployment can be very psychologically hard on a worker. It
can make that person doubt his or her value as a person. This can lead to stress within that
persons relationships. Unemployed people are less likely to get married and more likely to get
divorced as their lack of work puts stress on them. Stress can also lead to poorer health in
the unemployed, which is exacerbated if they have less access to health care than they
previously did. Finally, unemployment can potentially lead to crime. A person who has no job
still needs the necessities of life. Such a person may turn to crime to be able to get the
things he or she needs.
There are many other ways in which unemployment
impacts society. In general, it can have both an economic impact and an impact that is more
social than economic.
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