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The psychological effect of job insecurity can last a lifetime.
Studies have shown a causal relationship between unemployment and mental health. However, the effect of job insecurity has been less researched. One large-scale study suggests job insecurity over a prolonged period can change your personality.
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Personality is not constant but changes over time. For example, self-confidence, warmth, self-control, and emotional stability tend to increase with age.
Earlier studies suggest more autonomy at work can increase a person's ability to cope with new situations, while a demanding and stressful job can make someone more neurotic.
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As we mature, we generally become more emotionally stable, agreeable, and conscientious. But chronic job insecurity can stunt this emotional growth.
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