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Job Security Equals Job Satisfaction

If you want to feel satisfied with your job the most important thing is job security according to a new Wall Street Journal article (on Yahoo) about people facing a mid life crisis.
Similarly, you are likely to be more satisfied if you take a job where your work schedule is flexible, you don't have a long commute, you work fewer hours or you have a more senior position.

"The most important thing, if you can pull it off, is to get job security," says Andrew Oswald, an economics professor at England's Warwick University. "In international data and U.S. data, it is the single strongest correlate with overall job satisfaction."

Yet none of these changes is a cure-all. While a promotion or a more secure job is desirable, it's unlikely to bring a large, permanent increase in your level of happiness. As with a big pay raise, you will quickly adapt to your improved circumstances -- and you may end up only marginally happier than you were before.
Unfortunately, job security is much easier wished for than done in today's job climate. The economy lost 35,000 jobs in September according to latest report from the Labor Department. It was the first decline since May, 2003 and was mostly blamed on Katrina.

Posted on October 7, 2005



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