The emotions of unhappy and psychologically exhausted workers reduce global GDP by $9 trillion, or 9%, the study found.
This is stated in report Gallup State of the Global Workplace, containing results from the latest annual Global Workplace Survey. How tells CNN Business, last year's study surveyed 128,000 employees in more than 140 countries.
One in five, or 20% of workers worldwide, reported feeling lonely, sad and even angry on a daily basis. And almost half, or 41%, admitted to feeling stressed.
Those feeling lonely include younger workers (22%), telecommuters (25%), and those who felt uninvolved at work (31%). The report says:
“Although work is not always the cause of a person's negative day-to-day emotions, employers should still be concerned. This is because work can make or break workers' well-being.”
Researchers have found that disengagement at work can negatively impact a person's well-being as much as unemployment or even more. In 2023, only 23% of employees were actively engaged in their work and performed their duties with enthusiasm. 63% of workers, that is, more than half, admitted that they do not feel attached to their job or company and perform the tasks assigned to them without much enthusiasm.
The highest percentage of engaged employees, the report found, was in the US and Canada (33%). Australia and New Zealand had the highest percentage of satisfied workers (60%). The lowest level of engagement was recorded in South Asian countries (13%).
Is it any wonder that Global economic growth is expected to be 2.4% in 2024 and 2.7% in 2025, the weakest start to the decade in 30 years.
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