Workers are the unhappiest they've been in 3 years—and it can cost the global economy $8.8 trillion

Socialism@beehaw.org – 100 points – 1 years ago

Workers are the unhappiest they've been in 3 years—and it can cost the global economy $8.8 trillion

Just remember, any time the media says "the economy" they mean "rich people". Workers being exploited and abused is an issue, but clearly the problem is its impact on the economy and not, y'know, people.

If being sad is going to cost rich people billions, I guess I can be depressed just a little while longer. Take one for the team.

Same. I guess I'm finally useful.

Oh no, knowing that being sad makes "the economy" worse makes me even sadder! Baawww, I'm so sorry, "the economy"! For realsies!

::: spoiler TL;DR of the linked article

Workers are unhappier in their jobs now than at any point since the start of the COVID-19 pandemic, with job satisfaction declining steadily since 2020. A survey of over 60,000 employees found a sense of resignation and apathy among many. Unfair treatment, lack of control, inflation, layoffs and uncertainty around return-to-office policies are troubling workers. Additionally, remote employees often feel disconnected from their company's mission. Meaningful work is important for happiness yet many lack a sense of purpose in their roles. Engaged employees boost business performance through higher profits and less turnover. However, disengaged staff costs the global economy an estimated $8.8 trillion annually in lost productivity.

While improving every problem may be difficult, managers can help by making time for understanding conversations with their teams weekly.

Archive.today link to www.cnbc.com

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Engaged employees boost business performance through higher profits and less turnover. However, disengaged staff costs the global economy an estimated $8.8 trillion annually in lost productivity.

The fact that this report states unhappy workers are bad for business because they're not as productive is part of the reason people are unhappy. People being unhappy should be enough of a reason to change things.