What is the cost of recession? This is the study that James Laurence, a research fellow and sociologist at the University of Manchester is looking into. He studied it using a sample of 7,000 people in the United Kingdom in order to investigate the psychological effects of being laid off from a job.
Based on the question on what the respondents would say if most people could be trusted or if they would be too careful dealing with these people. Their answers revealed that most people can’t be trusted; others answers they couldn’t be too careful; and the rests said it would vary. The respondents were asked the same question when they were 33, and then after 17 years, when they are 50.
Laurence discovered that the people who had been laid off were at 4.5 percent less likely to trust people even after 17 years. This rate was even higher for those who placed a huge value on their career and jobs, at seven percent. He, therefore, concluded that responses are more likely to be based on someone’s work centrality. Their social trust is more dependent on how they value work.
Well, so, do you agree? Would your judgment on people in terms on how you trust them influenced by being laid off?