What are th noneconomic effects of unemployment?
Non economic effects of unemployment include severe cyclical unemployment, a social catastrophe. Unemployment means idleness and idleness means loss of skills, self-respect, plummeting morale, family disintegration, and sociopolotical unrest. Widespread joblessness including overty, heightens racial and ethnic tensions, and reduces hope for material advancement. Additionally, unemployment can lead to rapid and sometimes violent social and political change. Relatively high unemployment among some racial and ethnic minorities has contributed to unrest and violence in the US and abroad. On an individual level, research links unemployment to increasing suicide, homicide, fatal heart attacks and strokes, and mental illness.