By | Adam Hardy | money.com
Job satisfaction is at the lowest level ever recorded by the financial services firm MetLife.
On Monday, MetLife released its annual employee benefits report, noting that job satisfaction is at a 20-year low — with young workers feeling the brunt of the blow. The firm began releasing the survey in 2002, at a time when the country was reeling from the terrorist attacks of Sept. 11, 2001, and gearing up for war with Iraq and Afghanistan. When it comes to mental and financial health, the new data suggests, employee morale is even worse in 2022.
Two years into the pandemic, 23- to 28-year-olds, referred to as “Zillennials” in the report, are experiencing the impacts of isolation and burnout most acutely. Of this age group, more than half say their unfulfilling job is a top source of stress. Women, people of color and manual laborers were also among the least satisfied with their jobs, MetLife found.
Of all workers, MetLife’s study shows 66% are satisfied with their jobs in 2022, down sharply from pre-pandemic 2019, when 74% of workers reported they were satisfied.
“It’s clear we’ve reached a critical inflection point in the workplace,” Todd Katz, an executive vice president at MetLife, said in a statement.