Published in Health Economics Review, a new study has found that working fewer hours is associated with higher life satisfaction, which is mediated by one’s level of health. Other factors that contribute to higher life satisfaction include social inclusion, social trust, feelings of safety, and digitalization.
One’s amount of income has an impact on their satisfaction of life. Typically, people with higher incomes report higher life satisfaction and those who have less income report lower life satisfaction. Another area of interest is the relationship between time spent working and well-being. Previous research shows that both partnered men and women report higher levels of life satisfaction and well-being when working part-time compared to working full-time. Other research suggests that time spent working is correlated with happiness.
Categories: Economics/Class Relations