Wellbeing Consequences of Unemployment and Working with a Job Dissatisfaction in Turkey

This study aims to answer the following two questions. First, are unemployed unhappy compared employed? Second, individuals even unhappier people who unsatisfied with their job? We utilize Life Satisfaction Survey’s individual level data between 2004-2020 period. The LSS survey is a nationally representative more than 324,000 observations in 17 years. Firstly, after controlling for household income, have considerably lower wellbeing employed. However, employed dissatisfied job, unemployed’s statistically significantly higher. Thus, it appears that unemployment negative life event Turkey as elsewhere, but so working toxic job. Moreover, we find strong gender effects males and particularly married suffer from unemployment. Also, quarter of report they feel social pressure due These findings suggest approval plays some role impact Our imply societies similar terms labor market would be better off insurance program signals potential quitters tolerated by society.