"Since the beginning of January 2023, employee happiness has been in freefall, showing a strong correlation between economic conditions and employee happiness and engagement," the survey report said. "Job security and income stability are essential factors affecting micro job satisfaction, as well as macro consumer confidence and economic growth."

This unhappiness is hurting businesses as well as individual employees. Low employee engagement costs the global GDP $8.8 trillion, Gallup's State of the Global Workplace 2023 found, saying, "if you're not thriving at work, you're unlikely to be thriving at life"

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