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Advantages of entering workforce in a recession

Date:
March 26, 2014
Source:
SAGE Publications
Summary:
Despite the well-documented disadvantages of graduating from college during a recession, could graduates actually be happier with their jobs in the long run? A researcher examines whether earning a college or graduate degree in a recession or an economic boom has lasting effects on job satisfaction.

Despite the well-documented disadvantages of graduating from college during a recession, could graduates actually be happier with their jobs in the long run?

A new article from Administrative Science Quarterly examines whether earning a college or graduate degree in a recession or an economic boom has lasting effects on job satisfaction. Across three studies, well-educated graduates who entered the workforce during economic downturns were happier with their work than those who first searched for jobs during more prosperous times. In fact, they were happier with their jobs both early and late in their careers, even when they earned less money.

Author Emile C. Bianchi wrote, "people who entered the workforce in bad economies were less likely to entertain … thoughts about how they might have done better, and more likely to feel grateful for their jobs, both of which mediated the relationship between economic conditions at workforce entry and job satisfaction."


Story Source:

The above story is based on materials provided by SAGE Publications. Note: Materials may be edited for content and length.


Journal Reference:

  1. E. C. Bianchi. The Bright Side of Bad Times: The Affective Advantages of Entering the Workforce in a Recession. Administrative Science Quarterly, 2013; 58 (4): 587 DOI: 10.1177/0001839213509590

Cite This Page:

SAGE Publications. "Advantages of entering workforce in a recession." ScienceDaily. ScienceDaily, 26 March 2014. <www.sciencedaily.com/releases/2014/03/140326092631.htm>.
SAGE Publications. (2014, March 26). Advantages of entering workforce in a recession. ScienceDaily. Retrieved October 23, 2014 from www.sciencedaily.com/releases/2014/03/140326092631.htm
SAGE Publications. "Advantages of entering workforce in a recession." ScienceDaily. www.sciencedaily.com/releases/2014/03/140326092631.htm (accessed October 23, 2014).

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