What is the root cause of job dissatisfaction?
That’s a question I’ve been pondering for quite some time. In fact, I’ve been thinking about it off and on since starting the blog and being introduced to the concept of FIRE (financially independent, retire early).
By 2000, job satisfaction had dipped to 50.7%, where it ebbed and flowed until just after the recession in 2008. Job satisfaction hit its lowest in 2010 at 42.6%, and has been climbing ever since to the most recent survey in 2016, where it was at 50.8%.
According to The Conference Board this dip was due to several long-standing trends in the labor market. These trends include:
– Weak earnings growth
– Rising income inequality
– Declining job security
– An increase in work intensity