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A Blotch on the Resume is Harder to heal than a broken heart: Survey

Fired employees never quite recover to the same level of wellbeing, a measure that includes mental health, self-esteem and satisfaction with life.

A Blotch on the Resume is Harder to heal than a broken heart: Survey
"It’s just not working out" may be some of the most heartbreaking words in the English language, leading to months of anguish, selfquestioning and sleepless nights. Even worse: when they come from your boss.

Fired employees never quite recover to the same level of wellbeing, 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."

People can move on from bereavements and divorces. The excitement of meeting someone new after a split can send the heart soaring while people continue to struggle from unemployment, according to a 2011 meta-analysis of research carried out by academics at the Freie Universitaet Berlin.
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Not enough evidence exists to definitively say why getting a pink slip is so damaging, but researchers connect it to the importance we place on having a meaningful job.
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