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Better Life Lab: The New Unemployment

Slate Daily Feed

Slate

News, Society & Culture, Business

3.91.1K Ratings

🗓️ 10 May 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

Being unemployed in the United States is bad for you. It’s bad for your mental, physical and emotional health. Bad for your family stability. Bad for your ability to survive. It’s just bad news, period. The research shows that 83 percent of laid-off workers develop a serious stress-related condition. And as we look at the future of work, that’s a problem for the American economy. Because one of the big questions about the American workplace is:What if, in the a future, we actually have less work … and more unemployment? Guests Kiarica Shields, hospice nurse in Georgia who lost her job early in the pandemic, and eventually lost her home and her car. Her unemployment insurance stopped inexplicably, and after she her appeal, she was told she was ineligible for coverage because she worked a single day on another job. Mark Attico - furloughed at the start of the pandemic in his job planning business travel. Was on unemployment for months, and with the pandemic supplement his income was actually enough to pay his bills, and gave him time to reconnect with his teenage son - and hold out for a better job that fit his skills and paid well. Dorian Warren, co-president of Community Change. Sarah Damaske, author of The Tolls of Uncertainty: How Privilege and the Guilt Gap Shape Unemployment in America. Resources Reforming Unemployment Insurance: Stabilizing a system in crisis and laying the foundation for equity, A joint project of Center for American Progress, Center for Popular Democracy, Economic Policy Institute, Groundwork Collaborative, National Employment Law Project, National Women’s Law Center, and Washington Center for Equitable Growth, June, 2021 A Playbook for Improving Unemployment Insurance Delivery, New America New Practice Lab, 2021 A Plan to Reform the Unemployment Insurance System in the United States, Arindrajit Dube, The Hamilton Project, April 2021 How Does Employment, or Unemployment, Affect Health, RWJF, 2013 Single transitions and persistence of unemployment are associated with poor health outcomes, Herber et al, 2019 The Toll of job loss, Stephanie Pappas, American Psychological Association, 2020 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Being unemployed in the United States is bad for you.

0:08.4

It's not just bad for your financially.

0:10.3

A lot of research shows that the stress of being unemployed is also bad for your mental,

0:15.4

physical, and emotional health.

0:17.1

It's bad for your family stability, bad for your ability to survive.

0:21.3

It's just bad news, period.

0:23.3

Just the thought of being unemployed stresses people out.

0:26.5

Yeah.

0:28.1

Yeah, I know.

0:28.6

I don't like the sound of it either.

0:30.3

That's Penn State sociologist Sarah Damisk.

0:33.0

She studies unemployment.

0:34.8

The research shows that laid-off workers are 83% more likely to develop a stress-related condition.

0:41.3

83%.

0:42.8

So, along with your pink slip, you could also face a higher risk of stroke, diabetes,

0:48.6

cardiovascular disease, depression, or even suicide.

0:52.6

But what we don't realize is that lots of people are losing their jobs every month

0:57.7

because it's the way our economy is built now.

1:01.7

Our economy is predicated on there being a number of people who will lose their job every single month.

1:09.5

Companies have figured out that people are one of their most expensive costs, right?

1:16.1

And so, if they can get rid of that cost when times are tough,

1:21.2

it helps the books look better, right?

...

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