Daily grind? Work makes us happy!
IT may be hard to believe if your partner is the type who constantly grumbles about their 9-to-5. But the key to happiness really is holding down a stable job, say experts.
Of all economic indicators, a high employment rate is most likely to correlate with greater happiness, according to researchers.
The London School of Economics consulted 29 academics, of whom 24 agreed that employment backed by a welfare system was the biggest factor in promoting public well-being.
The findings are a boon for Theresa May and the Tories, who have overseen falling unemployment since 2010.
Latest figures show more than 32 million are in work – the most ever. More than three-quarters of the working-age population were employed and just over one in 25 adults were out of work – both levels unmatched in the past 40 years.
At the same time, well-being surveys led by the Office for National Statistics show happiness levels continuing to rise. Figures are up three percentage points since 2012 and have climbed steadily since the 2016 Brexit referendum result.
One of the researchers, John Helliwell of the University of British Columbia, said inflation was another useful predictor of happiness but unemployment had twice as powerful an effect.