"Since the beginning of January 2023, employee happiness has been in freefall, showing a strong correlation between economic conditions and employee happiness and engagement," according to Gallup's "State of the Global Workplace 2023" report. It continues: "Job security and income stability are essential factors affecting micro job satisfaction, as well as macro consumer confidence and economic growth."
This unhappiness is hurting businesses as well as individual employees. Low employee engagement reduced global GDP by $8.8 trillion, Gallup found. "If you're not thriving at work, you're unlikely to be thriving at life," the report explains.
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