Job loss refers to the situation when a person no longer has a job, often due to reasons like company downsizing, layoffs, or poor business performance. This can be a challenging experience, as it affects not only the individual's income but also their sense of purpose and stability. Many people may feel stressed or anxious about finding new employment opportunities. When someone experiences job loss, they may need to adjust their budget and explore different career options. Support from family and friends, as well as resources like career counseling or job training programs, can help individuals navigate this difficult time and find new paths to success.