Meaning of the word "worse off" in English

What does "worse off" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

worse off

US /wɜrs ˈɔf/
UK /wɜrs ˈɒf/

Adjective

in a less fortunate or more difficult situation

Example:
After losing his job, he was much worse off.
Many families are worse off due to the economic crisis.