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A young woman sits at a table by the window and looks out, lost in thought. There is a cup, a cell phone and a potted plant on the table.

Young workers’ life satisfaction during the Covid-19 pandemic in Germany

Young workers were less likely to receive short-time work allowance and their income developed less favourably than the income of older workers.

Adverse effects on workers’ employment situation are highly unequal for different groups. Young workers were particularly affected by the pandemic. They were less likely to receive short-time work allowance and their income developed less favourably than the income of older workers. While financial concerns and job insecurity decrease life satisfaction, it appears that additional threats and restrictions coming along with the pandemic—as approximated by incidence rates—had a much more substantial influence on young workers’ life satisfaction than labour market-related disadvantages.

The complete article can be found in the Online-Magazine IAB-Forum: Younger and less satisfied? Young workers’ life satisfaction during the Covid-19 pandemic in Germany