Losing a job has always been understood as one of the most important causes of downward social mobility in modern societies. And it's only gotten worse in recent years, as the weakening position of workers has made re-entering the labour market even tougher. In his recently published book, his dissertation ‘The Impact of Losing Your Job’, Martin Ehlert, Research Fellow of the Research Unit Skill Formation and Labor Markets, shows the effects job loss on income, family life, and future prospects.