One psychiatrist, Sudeepta Varma, said the following in the CBS article: "Spouses are fighting more often, people may turn to drugs or alcohol, smoking, overeating. Losing the job... isn't so much the problem, but the anxiety and the depression and the substance abuse [that can follow]... are often extremely more damaging than the job loss." Varma said suicide rates can also increase during an economic hardship.
Family and friends who know of a recently unemployed person should look for signs of behavior, physical and emotional changes and try to help the best they can. Making a person with psychological issues aware of help and love can only improve the situation.
If problems are more severe and the person does not learn to recover from the slump after losing a job, the unemployed person should see a mental health professional.