Living with a lack of job security can be stressful, but did you know it’s also bad for your health? Job insecurity increases the odds of poor health by 50 percent, according to researchers from Harvard Business School and Stanford University.
This hits home for me. In my career, I’ve been an employee who’s worked for a company that frequently downsized, restructured and laid off employees. Working in that type of environment, I never knew if I was going to be the next one to lose my job. That stress was mentally and physically draining and caused me many headaches and sleeplessness nights.
And I’m not alone in this feeling. The majority of Americans are worried about paying for retirement, affording health care and losing their job, according to a new poll.