Describe the concept of job insecurity.

Economics Unemployment Questions



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Describe the concept of job insecurity.

Job insecurity refers to the fear or uncertainty that individuals experience regarding the stability and continuity of their employment. It is a subjective perception that arises when workers perceive a high risk of losing their jobs or facing adverse employment conditions in the future. Job insecurity can be influenced by various factors such as economic conditions, technological advancements, organizational restructuring, and changes in labor market dynamics. It can have significant psychological and socio-economic impacts on individuals, leading to increased stress levels, reduced job satisfaction, lower productivity, and decreased overall well-being.