JOB LOSS, UNEMPLOYMENT, AND PERCEIVED JOB INSECURITY: THEIR EFFECTS ON INDIVIDUALS’ HEALTH AND WELL-BEING

2017 ◽  
Vol 5 (2) ◽  
pp. 193 ◽  
2018 ◽  
Vol 64 (4) ◽  
pp. 10-22
Author(s):  
Adewale A. Adekiya

AbstractThe high rate of job loss in most crude oil dependent countries, which may be attributed to the recent drop in the price of this commodity in international markets, has intensified the perception of threats associated with potential job loss among the employees who are still employed. Hence, perceived job insecurity, its associated outcome, coupled with how it can be mitigated has become a global phenomenon, which requires the attention of managers and practitioners alike. In this work, we built upon Hobfall’s conservation of resource theory (CRT) to present a research model that links employee’s self-efficacy and gender to the strength or weakness of the relationship between self-esteem and self-perceived job insecurity. Research data were collected from 153 randomly selected Nigerian Bank employees out of 217 drawn from a total population of 509. Based on the results from relevant statistical analysis, it is discovered that, while increase in self-esteem would lead to a significant decrease in job insecurity perception, such significant decrease is, however, not associated with self-efficacy and gender meaning that these variables are not moderators in the self-esteem/perceived job insecurity relationship. In line with these outcomes, we conclude by recommending that managers should focus on developing intervention strategies aimed at improving employee self-esteem with a view of reducing perceived job insecurity. In addition, important areas in need of future research were also identified.


2022 ◽  
pp. 1-21
Author(s):  
Ethel N. Abe ◽  
Isaac Idowu Abe ◽  
Olalekan Adisa

Capitalist corporations seek ever-new opportunities for trade and gain. As competition intensifies within markets, profit-seeking corporations innovate and diversify their products in an unceasing pursuit of new market niches. The incessant changes and unpredictable nature of capitalism often leads to insecurity regarding job loss. Job insecurity has been empirically proven to have negative effects on individuals and organisations. It associates to reduced job satisfaction and decreased mental health. A longitudinal Swedish study showed an indirect effect of trust on job satisfaction and mental health of employees. The advent of AIs, humanoids, robotics, and digitization present reason for employees to worry about the future of their work. A recent study conducted by the McKinsey Global Institute reports that by 2030, a least 14% of employees globally could need changing their careers as a result of the rapid rate of digitization, robotics, and advancement in artificial intelligence disruptions in the world of work.


2020 ◽  
pp. 0143831X2097547
Author(s):  
Mojca Svetek

Flexicurity is an integral part of the EU Employment Strategy. Flexicurity promises that it is possible to simultaneously provide organisations with greater flexibility and offer workers the necessary level of security. This is achieved by replacing job security, which stems from a permanent employment contract, with employment and income security. The aim of this article is to present an individual-level investigation of the relationships between various elements of flexicurity, examining how they affect psychological well-being and job satisfaction. A heterogeneous sample of 432 adults employed under various types of employment arrangements participated in the study. The results showed that the type of employment arrangement was the main predictor of perceived job insecurity. Moreover, perceived job insecurity mediated the relationship between employment arrangement and psychological outcomes. Finally, employment and income security failed to mitigate the negative effect of job insecurity. The promise of flexicurity is therefore called into question.


2017 ◽  
Vol 75 (3) ◽  
pp. 227-230 ◽  
Author(s):  
Philipp Hessel ◽  
Solveig Christiansen ◽  
Vegard Skirbekk

ObjectiveThis study aimed to quantify the extent to which health characteristics of workers are related to the potential risk of experiencing job displacement due to automation.MethodsLinking the 2015 Norwegian Statistics on Income and Living Conditions survey (n=6393) with predicted probabilities of automation by occupation, we used Kruskal-Wallis tests and multivariate generalised linear models to assess the association between long-standing illnesses and risk of job automation.ResultsIndividuals with long-standing illnesses face substantially greater risks of losing their job due to automation. Whereas the average risk of job automation is 57% for men and 49% for women with long-standing illnesses, the risk is only 50% for men and 44% for women with limitations (p<0.001). Controlling for age, having a long-standing illness significantly increases the relative risk of facing job automation among men (risk ratio (RR) 1.13, 95% CI 1.09 to 1.19), as well as women (RR 1.11, 95% CI 1.05 to 1.17). While, among men, the association between long-standing illness and risk of job automation remains significant when controlling for education and income, it becomes insignificant among women.ConclusionsIndividuals with poor health are likely to carry the highest burden of technological change in terms of worsening employment prospects because of working in occupations disproportionally more likely to be automated. Although the extent of technology-related job displacement will depend on several factors, given the far-reaching negative consequences of job loss on health and well-being, this process represents a significant challenge for public health and social equity.


2020 ◽  
Vol 9 ◽  
pp. 39-52
Author(s):  
Jorge Faria ◽  
Paula Veiga ◽  
João Ribeiro

Objectives The aim of the study was to assess the psychosocial risks to which workers in a wiring firm in Portugal are exposed, and to assess their impact in terms of worker’s health and well-being. The exposure to risks, the risk levels and the health and well-being status were self-reported. Methods Data was collected using the short version of the Copenhagen Psychosocial Questionnaire. Data analysis was descriptive: the scale’s reliability was assessed, traffic light analysis was performed, and relative risk of exposure to psychosocial risks was calculated. Workers perceive exposure to several psychosocial risks, in particular in the production line and women. In general, the deteriorating psychosocial work environment is associated with lower health and well-being. Results The study identifies job demands and job insecurity as the main psychosocial risk factors. However, some of the risk factors that are perceived less frequently, such as Social Relations and Leadership, Quality of Leadership, Rewards, Work/ Family Conflict and Self-efficacy, have a strong impact on the health and well-being of the workers who perceive them. Conclusions The results highlight the need for a multidimensional approach to the assessment and management of psychosocial risks, to facilitate targeted intervention that take into account different risk factors, as well as different groups of workers.


2020 ◽  
Vol 152 (2) ◽  
pp. 421-442 ◽  
Author(s):  
Concetta Russo ◽  
Marco Terraneo

Abstract Drawing on 2011 and 2016 European Quality of Life Survey data from eight European countries, this paper considers the importance of subjective indicators of employment conditions in impacting mental well-being. Among employment conditions, job insecurity has been discussed as having a negative impact on mental well-being by enhancing the worker’s sense of unpredictability. The idea of losing one’s job brings with it the fear of an uncertain or unclear future and the sense of lack of agency—i.e. feeling powerless with respect to the risk of becoming unemployed. Thus, we investigate two dimensions of job insecurity, namely ‘cognitive job insecurity’ and ‘labour market insecurity’. Our dependent variable is mental health well-being, measured using the 5-item World Health Organization Well-Being Index (WHO-5), which is a self-reported health scale validated by several studies and internationally adopted for measuring psychological well-being. We apply a fixed-effects model and use a set of individual control variables to obtain parameter estimates. Moreover, to control for country-level heterogeneity, two macro-level variables are considered: the type of welfare regime and employment protection. The novelty of this research lies in disentangling the concept of precariousness from the dichotomy of open-ended/non-open-ended contract and in including in the analysis subjective categories such as self-perceived job insecurity. The findings of our study suggest that self-perceived job insecurity is negatively related to mental well-being for both permanent and temporary workers, making this stressor an important feature in predicting the emergence of psychological distress (i.e. feelings of anxiety or depression) among the workforce.


Author(s):  
Saija Mauno ◽  
Jaana Minkkinen ◽  
Riikka Hirvonen ◽  
Noona Kiuru

AbstractIn this study, we examined whether maternal perceived job insecurity (JI) affected depressive symptoms in their adolescent children. Specifically, we tested a mediator-moderator model in which we hypothesized that maternal JI was related to adolescent depressive symptoms indirectly via maternal depressive symptoms. Most importantly, we also explored whether this indirect path was moderated by two buffering resources, i.e., maternal off-job recovery and adolescent self-esteem. There is little research on the effects of parental JI on adolescent children from the viewpoint of buffering moderators. Due to growing insecurity in the labor markets we need more information about resources that mitigate the harmful effects of JI within families. We tested the model via structural equation modeling among Finnish mother-adolescent dyads (N = 601, mothers aged 32–60 years; adolescents aged 14–18 years). Our results showed that mothers’ depressive symptoms did not mediate the relationship between mothers’ JI and adolescents’ depressive symptoms, but mothers’ JI was directly related to increased depressive symptoms among both adolescents and their mothers. Mothers’ off-job recovery and adolescents’ self-esteem buffered against mothers’ JI in relation to depressive symptoms. When off-job recovery (in mothers) and self-esteem (in adolescents) were high, the higher level of JI was not associated with increased depressive symptoms. Off-job recovery among working mothers should be improved as it has potential to protect against JI. Moreover, adolescents’ self-esteem should be boosted as it mitigates the effects of mothers’ job stress (e.g., JI) on adolescents’ well-being.


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