Moreover,

The discussion of unemployment and its growing rate is talked broadly in the media and other
socioeconomic researches. Trading Economics (2018). Society and the media tend to focus on
the obvious effects of unemployment on an individual such as the financial loss of income and
the impact which high levels of unemployment have on government resources rather than the
psychological impact which can be just, if not more important. (CNBC, 2018, the Philippine
Statistics Authority (2017), Trading Economics (2018). There is very little research to date in
Philippines on the psychological effects particular on self esteem and self worth of
unemployment on the individual.. ((Johnson et. al., 2012 Rainer (2014), (Beland, Birch, &
Stoddart, 2002). There are qualitative studies regarding the lived experieces of unemployed
individuals in connectiong to understand how unemployment greatly affects not only their way
living but also how it affects their perception of their selves. (Feather, 2009) Schaufeli (2006)
(Shamir, 2010). many literature entails that deeper psychological impact such depression,
aggression and suicide emerges in themes. ((Al- Marzoqi, 2013, James Lewis ,2014) Morin
(2015))
In the same way, a vast number of quantitative studies have focused merely on the correlation
between of psychological symptoms such as self esteem, self efficacy, confidence and happiness
to unemployment. (Johnson et. al., 2012)., Rainer (2014), Ronnie Schob (2012)

For the most part, what is missing is a deeper understanding of how unemployed especially the
one who has college degrees and had long term employed view their perception towards their
selves especially particularly their worth and how it affects their everyday lives. Rainer (2014)
Miguel Martínez Lucio and Robert MacKenzie (2017) Shob (2012)
Similarly, the association between the various sources of psychological impacts e.g., depression
or aggression and mental illness and the likes, has been well established (Kobus and Jakubek,
2015)).; Gallie, Marsg & Vogler (1994); Winkelmann (2014)), yet the underlying understanding
through which the connection could be describe are not very well understood on a personal
level (Clemens Hetschko, Andreas Knabe, and Ronnie Schöb (2013); Mcgee and
Thompson(2010); Ronnie Schob (2012), Teresa Toguchi Swartz (2009).Therefore, this indicates
a need to understand the various views in unemployement that exist among college graduates.

In addition, by studying it through a qualitative method, I attempt to highlight this issue by

investigating certain aspects of the experiences of unemployed individuals that may help assist
mental health practitioners and concerned authorities in helping their views, behaviors and
improve their overall quality of life and also to emphasise a possibility of a national health
problem a crisis of both the individual and society, originating in the economic recession and
unemployment, which affects not only the whole Filipino society but also people’s mood almost
all over the world. The second reason this article was written was to inspire future researchers to
focus more solely on the worthiness of the individual. More research projects are needed in
Philippines. It would be useful to study the psychological aspects of unemployment and compare
the results with the literature from different countries. Additionally, it may be reassuring and
comforting for the individual who experience unemployment to understand that they are not the
only ones experiencing these feelings, emotions and issues. The study also may act as a stimulus
to push them out of unemployment.