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Employment Status and Well-Being Among Young Individuals: Why Do We Observe Cross-Country Differences?
[journal article]
Abstract In this paper we analyse why in some countries the difference in subjective well-being between employed and unemployed young individuals is substantial, whereas in others it remains small. The strength of this relationship has important consequences, hence it affects the intensity of the job search ... view more
In this paper we analyse why in some countries the difference in subjective well-being between employed and unemployed young individuals is substantial, whereas in others it remains small. The strength of this relationship has important consequences, hence it affects the intensity of the job search by the unemployed as well as the retention and productivity of employees. In the analysis we are focused on youth and young adults who constitute a group particularly exposed to the risks of joblessness, precarious or insecure employment. We expect that in economies where young people are able to find jobs of good quality, the employment - well-being relationship tends to be stronger. However, this relationship also depends on the relative well-being of the young unemployed. Based on the literature on school-to-work transition we have identified macro-level factors shaping the conditions of labour market entry of young people (aged 15-35), which consequently affect their well-being. The estimation of multilevel regression models with the use of the combined dataset from the European Social Survey and macro-level databases has indicated that these are mainly education system characteristics (in particular vocational orientation and autonomy of schools) and labour market policy spending that moderate the employment–well-being relationship of young individuals.... view less
Keywords
EVS; well-being; subjectivity; satisfaction with life; career start; law and order; employment situation; adolescent; international comparison; gainful employment; unemployment; young adult
Classification
Labor Market Research
Sociology of the Youth, Sociology of Childhood
Free Keywords
School-to-work transition; EVS 1981-2008 (ZA4804 v3.0.0)
Document language
English
Publication Year
2022
Page/Pages
p. 409-437
Journal
Social Indicators Research, 164 (2022) 1
Issue topic
Geographies of Well-Being and Quality of Life
DOI
https://doi.org/10.1007/s11205-022-02953-2
ISSN
1573-0921
Status
Published Version; peer reviewed