Parents might be unaware, or could be intentionally sheltering them, but living in jobless families create a certain psychological imbalance in their children.

Statistics from the Institute of Family Studies revealed a strong negative connection between unemployed parents and their children's wellbeing involving learning, social and physical aspects. And the longer the unemployment, the more pronounced the ill effects.

Australia claimed it is one of the countries with the lowest unemployment rate at 5.3 percent. However, ABS statistics showed a contradictory data to the claim - thousands of children are living in jobless families.

ABS reported there are a total of 96,000 jobless couples with children, as well as 210,000 single parents who currently have no work. From these total of parents, more than half a million, or more than 530,000 children younger than fifteen live with parents who have no jobs.

Experts warn that children living in a jobless family or prolonged unemployment may have traumatic long term effects on their learning ability, health and wellbeing. It could result to poor nutrition or actual hunger impairing a child's physical, mental health and academic abilities, or improper hygiene leading to isolation from peers.

"The impact of long-term family unemployment can be quite traumatic for children," says Salvation Army spokesperson Robbin Moulds said on news.com.au.

While it may be hard for parents to maintain a positive attitude about it, they have no choice but to stick to it for their children's benefit. Parents should not hide the situation but rather involve their children in the family crisis. Parents should explain to kids that some changes may need to be done financially in so to meet the family's basis needs for the meantime. And most of all, children should be assured that it is a temporary situation and that Mum or Dad are doing the best they can to get to find another job.

"Kids find ways to blame themselves for everything, whether it's divorce, unemployment or anything else that's going on," Clinical psychologist Sally-Anne McCormack said on news.com.au.