Well-being of unemployed people: relations with work values and time of unemployment

Abstract This study aims to analyze the moderating power of time of unemployment in the relationship between work values and psychological well-being. The sample consisted of 265 unemployed individuals, 77 men and 188 women with an average age of 27 years (SD = 7.21), with complete secondary education in 48% of the total sample. The following data collection instruments were applied: Positive and Negative Affect Schedule, the Flourishing Scale and the Work Intrinsic Values Scale. The results of hierarchical regression analyses show that time of unemployment acts as a moderator in the relationship between the work values and the psychological well-being, so that the longer the unemployment duration the greater the individual’s psychological well-being. Consequently, the shorter the period of unemployment, more intense is the feeling of negative emotions. The result yield three important contributions: demonstration of the association between work values and psychological well-being of unemployed; identification that the period of unemployment is an important moderator to understand the unemployed well-being and review of the issue of unemployment in the social and political field in times of recession.