Stagpression
Stagpression is the combination of a Stagnant life with mild or deep depression. It is the emotional equivalent to Stagflation in economics. The Stagnant life part of the emotion can be described as constant boredom, a feeling of uselessness, or hopelessness for the future.
Michael used to have hopes and dreams, but with his current inability to find a job coupled with having nothing fun to ever do, Michael is suffering from the effects of Stagpression, feeling that his life is going nowhere and forces beyond his control are causing it to go that way.