(BlackDoctor.org) — November’s unemployment rate edged up to 9.8 percent, up from 9.7 percent in October. However, the unemployment rate for African-Americans is nearly double that rate, at just under 17 percent, the highest of any ethnic group in the country, based on recent reports.
While many may speculate why this number remains so high, the fact of the matter is that regardless of race, if you are one of the 15 million Americans who are unemployed, it matters not what the obstacle is. Losing your job can be a traumatic and unsettling event, especially in tough economic times when the prospect of finding new work seems slim.
With unemployment rates rising and stories about layoffs, downsizing, and cutbacks in the news every day, the stress from losing a job may build to the point where your mental health suffers and you experience depression.
A job loss means a major change in your daily routine, losing contact with people from work, and perhaps a change in how you see yourself. For some people, losing a job may be as devastating as losing a loved one or going through a divorce, and you might even experience the same type of feelings, including anger, denial, and depression. Depression can be the result of many contributing factors that can sometimes be difficult to distinguish, but if you are unemployed and living with financial insecurity, your situation may be serious enough to bring about depression.