Americans lose 3.5 Million "Good" jobs since 2000

The Center for Economic and Policy Research has released a paper where they have studied "jobs" in the last three business cycles in the US,starting with data from 1979, comparing "good jobs" and "bad jobs" and the relative increases and decreases. A "good job" is one defined for this purpose as one paying at least $17 inflation adjusted dollars, along with employer provided healthcare and a pension plan. Over-all, in the last "cycle", the one we are in now starting in year 2,000, they have calculated a rough loss of 3.5 million "good jobs".

Job loss is emotionally traumatic. A natural consequence is loss of self--‘esteem. What you go through after losing your job is similar to the stages of grief, often causing feelings of anger, anxiety, and hopelessness. People's feelings will vary enormously depending on whether the job loss is the result of a sacking or a redundancy. One way to lighten the blow of job loss is to focus on the less fortunate. Job loss is a fact of working life in America, even in the best of times. The reason for decline in wage and job loss is sluggishness in the US economy characterised by rising inflation, slow growth and a high unemployment rate. If job loss is inevitable, however, there are ways to minimize its impact.

A sudden job loss or medical problem can push a person or family into a financial crisis. An established home based business will be of enormous psychological help if you face a sudden job loss. Remember that nobody is immune from sudden job loss anymore, and everyone should be prepared for the possibility. Surviving sudden tramatic times requires balance. The key is in understanding it's not personal. A sudden job loss may feel like an unexpected loss of a loved one, because the emotional support from her co-workers is severed or strained. In the same vein, when you are financially prepared, a sudden job loss or other drop in income won't be as much of a stressful, scary time.

Coping with job loss is more than conducting a job search.

Low-skill workers also have something of an advantage on the job-loss front. A minimum wage increase would raise the wages of millions of workers. Just under half (47%) who do not fear job loss believe that they would have difficulties finding a new job. Common misperceptions about older workers ability to weather job loss exist but social workers are actively providing a range of services to dislocated workers and in assisting individuals to cope with their job loss. Last month, a Hudson survey found that 39 percent of workers were very or somewhat likely to look for a new job in 2007. Workers in Idaho and Montana lead the nation with the lowest risk of job loss, with Idaho leading for the fifth consecutive month.

Job loss is one of the most difficult work-related situations that a company or an individual will encounter in the course of a career. Job loss is a temporary situation and it will change. One of the top concerns after a job loss is the ability to pay bills and make ends meet until you find a new job, according to CareerJournal. The actual figure for job loss is almost certainly far worse than the government figures suggest.

Regardless of circumstance, involuntary job loss is a hard thing to grapple with whether it was known to be on the cards or not.