What are the effects of job loss on my family? Job loss is one of the greatest trials we can endure. The effects of job loss are often long lasting.
Perhaps since the beginning of time, there was a job to do, and a man or woman who performed it. The results of this work—food, goods, money—belonged to human beings. It is also true that it has always been time-consuming, occupying the time one could probably spend with family, or on hobbies and other activities.
The latter Effect of jobs essay with the ever-existing pursuit of increased productivity caused scientists and inventors to think whether work could be performed on its own, without the participation of people—in order to use their time and energy for something more pleasant, interesting, etc.
And in the 21st century, automation and robotic engineering have become the answer to this search; supposedly, almost any manned job can be performed by a machine. Unfortunately, along with the new industrial revolution, the increase of work efficiency, and other benefits, automation will also most likely cause several critical issues to emerge—mass unemployment probably being the major one.
Erik Brynjolfsson, a professor at the MIT Sloan School of Management, and his colleague Andrew McAfee believe the rapid progress in computer and robotic spheres for example, the usage of robots in heavy industries, or the widespread usage of automated translation services, and so on do not correspond with the slow rates of employment growth.
In other words, technologies take more jobs than a modern society can produce; this is not to mention that automation reaches, or is about to reach, not only such spheres as manufacturing or retail jobs, but also education, finance, law, and medicine.
This is a worrying sign, because such a spread of automation means qualified people gradually losing their workplace in favor of machines; all this can lead to the stagnation of the median income, as well as the growth of inequality—this regards the United States and other technologically-developed countries MIT Technology Review.
The question arising in relation to this is which jobs are under threat? Generally speaking, automation mostly affects physical labor, such as driving or vending.
InCarl Benedikt Frey and Michael Osborne published a study in which they researched around professions in terms of them possibly being automated. For example, such spheres as transportation including taxi and delivery serviceslogistics, services sales, technical support, telemarketers, accountants, etc.
Yet another study involving 1, experts required them to answer the following question: As it can be seen, the automation of jobs is not by default beneficial for modern society. It is true that it can increase the efficiency of work in a number of professional areas, but the cost is expected to be high; according to studies conducted in this direction, automation will leave countless competent specialists unemployed mostly in transportation, logistics, sales and services spheres.
This is expected to increase income inequality dramatically, and disrupt the existing social order—societies of technologically-advanced countries and gradually, all over the world will have to adapt to new conditions, seeking to create innovative workplaces and occupations.
So far, this looks more important and dramatic than the anticipated possibility to have more time for leisure and hobbies.
Works Cited Rotman, David. The Economist Newspaper, 25 June Smith, Aaron, and Janna Anderson.Free jobs papers, essays, and research papers. The Negative Impact of Low Wage Jobs - What if one had to work long hours, with countless hours of no sleep, a stress level that was skyrocketing, earning money that could barely support a family.
However, the term of job insecurity as an individual stressor has been constructed on the basis of a 30 year old researches and literature reviews. As job insecurity is defined the expectations that one has for the continuation of his occupational status (Davy, Kinicki & Scheck, ).
Personnel Management and Organizational Behavior Job Satisfaction: It’s Effects on an Organization Faculty Use Only Job Satisfaction: It’s Effects on an Organization Kevin Sanders October 30, OM Employee retention is a very important issue for many companies to consider. It can have negative implications on organizational performances and customer overall experience. Free jobs papers, essays, and research papers. The Negative Impact of Low Wage Jobs - What if one had to work long hours, with countless hours of no sleep, a stress level that was skyrocketing, earning money that could barely support a family. Cause and Effect: Losing a Job Having a job is one of the reasons for a person to be stabilized, especially when you are having or planning for a family. When you have a job, you make money that can be used for your needs, also to provide for your spouse and for your whole family.
The effects of losing a job can affect the whole family a lot. The most immediate and devastating impacts of job loss are loss of normal income, grief and deep anxiety, inability to . THE EFFECT OF LEADERSHIP STYLE ON EMPLOYEE SATISFACTION AND PERFORMANCE OF BANK EMPLOYEES IN BANGKOK Rochelle Joy Belonio1 Abstract: This paper aims to determine the effect of leadership styles on employee job satisfaction and the effect of employee job satisfaction on employee job performance.
The effects of job loss are often long lasting. This is largely due to the fact that society trains us to identify ourselves by how we provide for our family.
A job loss can lead to the loss of one's identity, which can result in the loss of a purpose in life. Published: Mon, 5 Dec New flexible type of employment and organizational changes that have been introduced during mainly the last decade have brought the term of job insecurity to light and led researchers from various field to examine the work related phenomenon (Budworth, ).