Posted 2:33 PM by Blah blah

Public Says Bush Needs to Pay Heed to Weak Economy (NY Times) Yes! Forget about Iraq, dammit:

"A majority of Americans say that the nation's economy is in its worst shape in nearly a decade and that President Bush and Congressional leaders are spending too much time talking about Iraq while neglecting problems at home, according to the latest New York Times/CBS News poll.

The poll found signs of economic distress that cut across party and geographic lines. Nearly half of all Americans are worried that they or someone in their household will be out of a job within a year.

The number of Americans who said they believe the economy is worse than it was just two years ago has increased markedly since the summer. The number of Americans who approved of the way Mr. Bush has handled the economy 41 percent was the lowest it has been in his presidency. Many people said they worried that a war in Iraq which most Americans view as inevitable would disrupt an already unsettled economy."

Study: Depression from Job Loss Is Long Lasting (Reuters). This is SO true, guys. Trust me. I will say more about this later:
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While it may not be surprising that job loss and the resulting financial strain can lead to depression, new study findings show that this and other negative consequences of unemployment can last for up to 2 years, even after a person gets another job.

It is not simply the loss of employment that keeps individuals in a prolonged state of depression or otherwise poor health, the report indicates, but rather the "cascade of negative events" that follows that loss.

"It is the crises that follow job loss that are more damaging than the loss itself," study author Dr. Richard H. Price of the University of Michigan, Ann Arbor, told Reuters Health....

Overall, the financial strain that resulted from the participants' unemployment led to what Price called a "cascade of negative life events."

For example, if someone loses their job, they may have difficulty making a car payment, which can cause them to lose their car, thus hindering their ability to search for a job, the author explained. In addition, losing healthcare benefits due to unemployment will affect the person's ability to care for a family member with a life-long illness, all of which can create a "huge strain on relationships," Price said.

Such negative events seem to have caused the study participants to have higher symptoms of depression and a greater perception that they had lost personal control, including lowered self-esteem, study findings indicate.

Further, this depression and perceived loss of personal control remained evident in follow-ups conducted 6 months and 2 years later, when 60% and 71% of the study participants, respectively, had been re-employed and were working at least 20 hours a week, Price and his team report in the current issue of the Journal of Occupational Health Psychology.

What's more, the study participants' perceived loss of personal control led to reports of poor health and poor emotional functioning in daily tasks, both of which also remained evident in subsequent follow-ups, the researchers note.

"Some effects reflected in disability and depression linger for some people," Price said. Also, the "sense of job security is eroded," which Price says is "another hidden cost of job loss."

Finally, the participants' depression appeared to affect their later chances of reemployment, study findings indicate.

"These people become 'discouraged workers,' not searching for a job, and the personal, family and societal costs are very high," Price said.