Many studies document a large negative effect of unemployment on happiness. Recent research has looked into factors … related to impacts on happiness, such as adaptation, social work norms, social capital, religious beliefs, and psychological … resources. Getting unemployed people back to work can do more for their happiness than compensating them for doing nothing. But …

Measures of individual happiness, or well-being, can guide labor market policies. Individual unemployment, as well as … the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and … unemployment benefits can contribute to happiness - though when such policies prolong unemployment, the net effect on national …

their happiness when they lose a job, but they report a smaller fall when they are surrounded by unemployed peers, an effect …