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A mid-career crisis can happen to anyone. It causes pain to the individual suffering from it and it also leads to productivity losses for employers.
A group of economists researchers found that mid-career crises are widespread and are not related just to the misfortune of a few individuals. They also found job satisfaction increases again and regularly reaches even higher levels than earlier in the career.
The age-related curve in job satisfaction has been found in more than 50 countries. It affects senior-level executives as well as blue-collar workers, stay-at-home parents, childless couples and single people.
Generally, life satisfaction is high when people are young, it starts to decline in the early 30s and is the lowest between mid-40s and mid-50s. Then it increases again to levels as high as during young adulthood.
At the individual level
At the company level
SIMILAR ARTICLES & IDEAS:
There is increasing evidence that happiness through adulthood is U-shaped.
Life satisfaction falls in our 20s and 30s, then hitting a low in our late 40s before increasing until our 80s....
That midlife slump (not to be confused with a midlife crisis) is often nothing - just a natural transition due to the passing of time.
Those likely to notice it are people that seem to have everything going for them; they're achieving their goals, and nothing much changed, yet they feel less satisfied than they expected and think there must be something wrong with their lives.
According to a study by economists, the U-curve is generally noticed at age 46. It tends to appear in wealthier countries.
However, some economists and psychologists factor in the possibility that those who become happier in the studies are the same people who are content in their early years.
The disappointment with life is often the difference between our expectations for ourselves and what life actually holds for us.
According to research, people's happiness forms a U shape ove...
People’s happiness is the lowest around the ages of 47 to 49. The dip in happiness is the same everywhere: In America, Germany, Thailand, Pakistan, even in countries with a lower life expectancy.
The happiness dip may have to do with getting real - finding that our dreams are not going to happen. That can be a painful reality check.
If we don't use the midlife self-reflection positively, we may become disillusioned and make rash decisions or end relationships that can be damaging to our well-being.