RateItAll: The Opinion Network

It works like a domino effect. Someone unemployed and the lack of his job effects another person and then another and so on. We are all in the same boat.

Nothing like job hunting while barely making payments for your COBRA health insurance.

without a job, you lose a lot of other things. no housepayment equals no house. you cannot pay your utility bills they get turned off. cars are taken back.most are not very sympathetic for long if you cannot pay your bill. so unemployment is a big scare. and with all of the factories closing down along with other businesses that are leaving. or going to another country where labor is cheaper unemployment risks being even worse than ever. scary. one of my worst fears is being homeless and if you do not have money coming in there goes the house. I have known a few people personally who have lost their homes for different reasons. scary not having an income coming in.

It can be slightly scary to not have a job, especially if you need one, but it is more realistic that if you get off your butt and actively look for one....you'll get one.

I personally don't have this fear. I can always go back and work for the old family business. Sure, everybody should be afraid of losing their job (otherwise work would never get done), but to have this rank among the world's top fears? At this moment unemployment is very low in America, and it has been stable for quite a while. Our society as a whole pretty well is employed. This will change from time to time, but in all truth there are far greater things to worry about than this until it actually happens. If you do a good job with your finances (in other words, living within your means), you'll be fine being unemployed for a few months. Most people are unemployed at some point in their life, and most of them seem to make it out alive, even if that means having to turn back to their parents or being on unemployment for a while.