Extract from an article by Eva Selenko and Chris Stride
“Will I lose my job in the near future?” For most people this is an unpleasant scenario to ponder, and for many it is a real and pressing concern. Since the financial crisis, more than half of all jobs created in the European Union have been through temporary contracts.
This high level of job insecurity doesn’t just have an economic effect on people, making financial planning extremely difficult. Our research shows how the precarious nature of the job market has a huge impact on how people feel, too. In fact, job insecurity strikes at the core of who we perceive ourselves to be – our identity – and this can have much wider ramifications for society.
Psychologists rank job insecurity among the most prominent work place stressors. The worry of not knowing whether you will be laid off, whether you will be able to pay your bills, and whether you still have a future within an organisation, is, of course, very stressful, especially when it is out of your hands. Job insecurity implies a potentially adverse future, and one which you cannot control…(continues)
SOURCE: Eva Selenko and Chris Stride, “Job insecurity cuts to the core of identity and social stability – and can push people towards extremism”, The Conversation, 20 Feb 2017
BroCAP is produced by the two librarians at the Brotherhood of St Laurence in Melbourne, Australia.