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Layoffs have become a fact of American life. When faced with financial issues, companies simply cut workforce, to the tune of at least 30 million adult, full-time workers having been laid off since the early 1980s. But what is the psychological effect, not only of periods of unemployment, but also of the layoff itself? Author Louis Uchitelle examines the damage to self esteem and mental health such situations cause to their victims.
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