IDEAS home Printed from https://ideas.repec.org/a/nos/voprec/y2021id3415.html
   My bibliography  Save this article

Changes in the labor market status during the COVID-19 pandemic and subjective well-being of Russians

Author

Listed:
  • N. E. Soboleva
  • B. O. Sokolov

Abstract

This paper investigates the association between changes in the labor market status and subjective well-being of Russians during the COVID-19 pandemic. The materials of the first stage of the international project “Values in crisis” form the empirical dataset. Regression analysis shows that individuals who lost their jobs or closed their business during the initial period of the pandemic are somewhat less satisfied with their lives than those who did not. Being reduced to part-time work and working from home are not directly related to subjective well-being. At the same time, the strength of the association between subjective well-being and possible changes of the labor market status depends on such factors as the presence of children, as well as the value of self-enhancement (according to Schwartz) and conscientiousness (one of the Big Five personality traits). The job or business loss is associated with a decrease in subjective well-being among respondents without children; this association is not observed among those with children. In addition, the negative relationship between life satisfaction and job or business loss is stronger among individuals with high level of self-enhancement and weaker among those with high level of conscientiousness. Among respondents who had to switch to part-time or remote work, having children reduces the level of subjective well-being; among those without such experience, it is positively associated with subjective well-being.

Suggested Citation

  • N. E. Soboleva & B. O. Sokolov, 2021. "Changes in the labor market status during the COVID-19 pandemic and subjective well-being of Russians," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 12.
    • Handle: RePEc:nos:voprec:y:2021:id:3415
    DOI: 10.32609/0042-8736-2021-12-139-153
    as

    Download full text from publisher

    File URL: https://www.vopreco.ru/jour/article/viewFile/3415/2431
    Download Restriction: no
    File URL: https://libkey.io/10.32609/0042-8736-2021-12-139-153?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nos:voprec:y:2021:id:3415. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: NEICON (email available below). General contact details of provider: https://www.vopreco.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.