Abstract
This study examined the negative effects of job insecurity perceived by the younger generation in the unexpected environment of a pandemic by comparing them with the older generation. Based on total 581 persons obtained from the empirical research. The hypotheses were identified through structural equation modeling. The study showed a significant negative effect of perceived job insecurity on psychological well-being and life satisfaction. This result is consistent with previous studies that reported that the perception of instability or insecurity about employment status reduces an individual’s emotion/sentiment and life satisfaction. Moreover, life satisfaction was found to significantly increase when psychological well-being increased and that the negative effect of perceived job insecurity on psychological well-being was stronger among the younger generation. Limitations and future research directions are also discussed.
Published Version
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