• Depressed affect, negative mood, and hopelessness (Winefield, Tiggeman, & Winefield, 1991)
• Anxiety and loss of confident (Theodossiou, 1998)
• Suicide (Brenner & Mooney, 1983)
• Health effects, including heart disease (Brenner & Mooney)

Unemployment also reduces the economic resources of the worker, which in turn can have negative ripple effects, such as on well-being of the family of the unemployed worker.

However, it also seems likely that various factors may serve to moderate or buffer the relationship between unemployment and such negative outcomes. For example, if the worker can attribute the reasons for his or her unemployment to external factors that are unstable and that he or she can reasonably expect to overcome through a marshaling of effort, unemployment may not have a major negative impact. Also, individuals vary in the degree to which they allow unemployment to bring them down; individuals vary in vocational resilience. The movie Cinderella Man portrays an American professional boxer during the great depression, whose resilience and courage help him to overcome both periodic unemployment and other hardships and regain his title and social status.