The global rise of unhappiness and how leaders missed it
Jon Clifton
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Jon Clifton is the CEO of Gallup.
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Most of the global indicators focus on economics, they never track how people feel. Tunisia economy was growing at 5 % per annum over decades before the Arab spring took over.
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Simon Kuznets the father of GDP said “ The welfare of a nation can scarcely be inferred from the measurement of national income”
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A good measure we look at is how many people are thriving. When Brexit happened, people were surprised because the economy had been doing well but thriving people dropped from 55 % to 40 %, the biggest drop in many a country.
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In the 2016 US elections, more Americans were thriving 55 % in 2016 vs 52 % in 2009, yet America wanted change. This was because democrats had higher satisfaction levels while republicans had lower satisfaction levels and they voted for change.
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Behavioral scientist George Ward looked at correlation amongst four variables- National happiness, GDP growth rate, Unemployment rate and Inflation rate to arrive at election results in Europe.
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Wellbeing is about how someone sees their life and how they live their life. The highest and lowest rated countries on how they see their lives is on the next slide.
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Life ratings averaged 2019 - 2021
Highest ratings Lowest ratings
1. Finland 146. Afghanistan 2. Denmark 145 Lebanon 3. Iceland 145 Zimbabwe 4. Switzerland 143 Rwanda 5. Netherlands 142 Botswana 6. Luxembourg 142 Lesotho 7. Sweden 140 Sierra Leone 8. Israel 139 India 9. Norway 139 Tanzania 10. New Zealand 139 Zambia 139 Malawi
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Risk – Opportunity or danger in the word basis the language used to ask the question • In English language – 27 % see it as opportunity and 67 as danger • In Russian 26 % see it as opportunity, 56 % see it as danger • In Chinese 21 % see it as opportunity, 44 % see it as danger • In Arabic 18 % see it as opportunity, 65 % see it as danger • In French 15 % see it as opportunity,79 % see it as danger • In Spanish 12 % see it as opportunity,85 % see it as danger. Blind Spot book summary Shiv The point is that language matters when you are conducting global surveys.
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If you think of happiness as how people see their lives, then Finns are the happiest, if you see it as how people live their lives, then the Latin Americans are the happiest.
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Many politicians – Sarkozy in France, Cameron in UK etc. thought of moving beyond GDP. That’s when the concept of well being came in.
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What makes a great life?
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There are five aspects to a great life:
work social financial physical community
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Young people rate their lives high, as also old people, however middle aged people rate it low, this is called the U curve of happiness.
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Some discoveries that are compelling • People who love their job do not hate Mondays • Education related debt has an emotional scar even after you pay it in full • Volunteering is not only good for people you help but for you too • Exercising is better at eliminating fatigue than drugs • Loneliness doubles risk of heart disease. Blind Spot book summary Shiv The global workforce is 3.3 billion people. Before the pandemic unemployment was 5.4 %, the pandemic pushed it to 6.6 %
That means 200 million people unemployed -
that’s high, it’s the population size of a large country.
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One of he most significant sources of global misery comes from work.
18 % of workers feel that work consumes most
part of their lives.
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Being miserable at work is worse than having no work at all.
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Stats on great job • 7.7 billion people on the planet • 5.4 billion are adults • 3.3 billion people want a great job • 1.5 billion people have a good job • Only 300 million people have a great job • 3 billion people don’t have a great job
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People rate their lives or happiness vs not a global average but how they compare with their neighbors.
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Money doesn’t buy happiness. In the US, beyond $ 95,000 income people don’t get more happy. That’s true in every country.
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Feeling safe where you live is foundational to a good community, just as much as basic infrastructure.
Broken communities lack basic infrastructure.
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What makes a great community is not infrastructure or basics, it’s the people who trust and help each other.
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Volunteering is another bright spot. However more people give money 32 % vs people who give their time 24 % .
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Food insecurity is now 30 % in the world- that’s high and getting higher every year.
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Only 15 % of people have a real friend at work.
Leaders should encourage friendships at work.
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Workplace relationships are critical to job satisfaction.
The most serious issue for working women is
unequal pay. Women get 12.5 % lesser salary vs men in OECD countries.
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In the informal sector in poor countries, women earn half of what men earn.
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Singapore has the highest misery ratio at the workplace. The study when published caused a furor in 2012.
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Only 2 % of Singaporeans were engaged at work, the lowest percentage in the world.
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Covid 19 infected 431 million people globally but killed 6 million people.
The pandemic wrecked the global economy
which shrunk by 3.5 % in 2020, the largest contraction in 60 years.
32 % of workers said they lost their job and 50
% of workers said they earned less. Blind Spot book summary Shiv Private companies can listen
to their employees to their suppliers to their communities
to enhance engagement and connectedness
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When GDP is released every quarter, it tells us if the economy is growing or shrinking, it never tells us the pain that people go through.
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