Abstract: This study examined the impact of unemployment on respondents' wellbeing and life satisfaction. A quantitative method and comparative descriptive design were used in the study. This method and design are suitable for the study's objective to determine the differences in the respondent's level of wellbeing and life satisfaction according to their sex, age, marital status, educational attainment, and number of dependents. The statistical tests utilized in the study were the percentage, mode, Mann-Whitney U, and Kruskal Wallis. The data for this study was gathered from different barangays of Mandaluyong City, including, but not limited to, Brgy. Addition Hills, Brgy, Barangka, and Brgy. Hulo. The study's results revealed that a significant number of respondents were female. Most respondents, ages 40-50, were high school graduates as their highest educational attainment. Almost half of the unemployed were married with two (2) to four (4) dependents. The respondents' life satisfaction level indicated they were either moderately or delighted with their lives. In addition, most respondents indicated they were slightly satisfied with their lives. Per their level of well-being the majority of the respondents indicated that their level of well-being was moderate. It explains that there is no significant difference in the level of life satisfaction regarding sex, age, marital status, and number of dependents. On the other hand, educational attainment indicates a significant difference to consider when analyzing life satisfaction levels in the examined 151,473 people. However, there is no significant difference in level of well-being in terms of sex, age, educational background, marital status, and number of dependents. With these findings, the researchers recommended giving unemployed people access to mental health resources such as counseling or therapy can be beneficial. Also, the national governments should prioritize education and training programs that equip individuals with the skills and knowledge needed to succeed in the modern job market. Moreover, local governments should work to increase funding for mental health facilities and services that cater specifically to the needs of the unemployed. It can include support groups, therapy sessions, and counseling services specifically designed to address the difficulties unemployed face. Lastly, please encourage students to finish college to help them avoid unemployment. Studies show that those with college degrees are less likely to be jobless than people without degrees because those who have completed college have the information and abilities necessary to succeed in the work market of today, making them more appealing prospects for employers.
Keywords: Unemployment, Life Satisfaction, Mental Health, Well being.
Title: IMPACT OF UNEMPLOYMENT TO WELL BEING AND LIFE SATISFACTION
Author: April Joy Colitoy, Jersey Hedreyda, John Ernie Lubugan, Shaira Jane Malbarosa, Rojul Veloria
International Journal of Thesis Projects and Dissertations (IJTPD)
Vol. 11, Issue 4, October 2023 - December 2023
Page No: 34-57
Research Publish Journals
Website: www.researchpublish.com
Published date: 29-December-2023
