This article explores how labor market trends and current employment assistance policies affect reemployment opportunities and emotional well-being in a sample of female dislocated apparel workers. The study follows the displaced women from the time the plant closed for 6 months to assess their financial and emotional well-being as they reentered the job market or enrolled in training programs. Average wages of the reemployed women were less than their former plant wage; 14% lost their health insurance, and only half the women in training were in programs leading to higher paying jobs. Although some emotional recovery occurred, single parents still showed signs of depression after 6 months. Continued financial difficulty over time was strongly correlated with depressive symptoms. Depression, in turn, was significantly related to satisfaction with spouse and children's behavioral problems. In a multivariate analysis, baseline depression, financial difficulty, and single parenthood predicted depression 6 months later.