As the current economic crisis and pending recession lead to rising unemployment, research by Arthur H. Goldsmith, the Jackson T. Stephens Professor of Economics at Washington and Lee University, warns of the devastating, and possibly permanent, psychological effects of joblessness. [continue reading…]
UNEMPLOYMENT
In the midst of an economic crisis that’s sparked massive layoffs, new research by a University of Toronto professor shows that even optimists get the blues when facing a pink slip.
It’s a long-standing belief that some people are just born optimists, bouncing back with relative ease from disappointment and dismay. But, according to an article in the most recent issue of Social Indicator Research, even those who tend to be optimistic find it difficult to look on the bright side of things when unemployed. [continue reading…]