Job loss refers to the situation when an individual is no longer employed, often due to factors like company downsizing, economic downturns, or personal performance issues. This can lead to financial stress and uncertainty, as losing a job means losing a steady income. Many people rely on their jobs to support their families and pay for essential needs, making job loss a significant life challenge. When someone experiences job loss, they may need to seek new employment opportunities or consider retraining for different roles. Support systems, such as family, friends, and career counselors, can play a crucial role in helping individuals navigate this difficult time and find new paths forward.