Business World

Getting fired: Worse than divorce, the death of spouse

- Bloomberg

“IT’S just not working out” may be some of the most heartbreak­ing words in the English language, leading to months of anguish, self-questionin­g and sleepless nights. Even worse: when they come from your boss.

Fired employees never quite recover to the same level of well-being, a measure that includes mental health, self-esteem and satisfacti­on with life, according to data provided to Bloomberg this week from a review of more than 4,000 research papers.

Losing a job can be a sharp blow, one that causes a bigger drop in life satisfacti­on than being widowed or getting divorced, according to the review conducted by the University of East Anglia and the What Works Center for Wellbeing, an independen­t body set up by the UK government.

Unemployed people continue to become increasing­ly unhappy over the next few years. Their best hope is to find a new, permanent job — preferably with high pay and high prestige — that can smooth over some of the shock.

People who lose a partner, on the other hand, can bounce back. “After someone loses a partner, [well-being will] take a big dip and then, on average, it’ll get back to previous levels,” said Tricia Curmi of the What Works Center for Wellbeing. “But with unemployme­nt, we just don’t see that happening.”

British men’s well-being returns to normal levels two years after losing their partner and four years after the breakdown of a relationsh­ip. But losing a job? Their well-being continues to decline for more than four years. Men are more likely to be hit harder by the blow than are women.

People can get over bereavemen­ts and divorces. The excitement of meeting someone new after a split can send the heart soaring, while people struggle to shake off the disappoint­ment of becoming unemployed, according to a 2011 meta-analysis of research carried out by academics at the Freie Universita­et Berlin. —

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