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Lower
job security linked to lower life satisfaction – Media release

12 May 2021

People who feel their employment is insecure
are more likely than other employed people to rate their overall life satisfaction
poorly, Stats NZ said today.

New survey data from the March 2021 quarter
shows that 26 percent of employed people who thought there was a high or
almost certain chance of losing their job or business in the next 12 months,
rated their life satisfaction poorly, at 0–6 on a scale from 0 to 10.
This compares with just 9.3 percent of those who felt there was almost
no chance of losing their job or business.

“Overall life satisfaction tended to increase
along with job security,” wellbeing and housing statistics manager Dr
Claire Bretherton said.

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