What does job loss mean?

What does job loss mean?

Job loss refers to the disappearance of jobs because of fundamental structural economic changes as distinct from transient fluctuations in demand.

How stressful is losing your job?

Job loss often ranks among the highest in stress on a list of life-altering events such as a death in the family, divorce, and serious illness. … There is a typical cycle that most people experience when they go through the loss of a job. It includes denial, anger, frustration, and eventually adaptation.