Job Insecurity, Work-Related Flow, and Financial Anxiety in the Midst of COVID-19 Pandemic and Economic Downturn

During the COVID-19 pandemic, every domain of industry has experienced a severe economic downturn with concomitant stress throughout the economy. Employees working in government and private sectors are experiencing different psychological problems. The current study was conducted to investigate the...

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Main Authors: Sawzan Sadaqa Basyouni, Mogeda El Sayed El Keshky
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-07-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2021.632265/full
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author Sawzan Sadaqa Basyouni
Mogeda El Sayed El Keshky
Mogeda El Sayed El Keshky
author_facet Sawzan Sadaqa Basyouni
Mogeda El Sayed El Keshky
Mogeda El Sayed El Keshky
author_sort Sawzan Sadaqa Basyouni
collection DOAJ
description During the COVID-19 pandemic, every domain of industry has experienced a severe economic downturn with concomitant stress throughout the economy. Employees working in government and private sectors are experiencing different psychological problems. The current study was conducted to investigate the role of work-related flow in the relationship of job insecurity with financial anxiety in the employees working in private and government sectors of Saudi Arabia. The sample comprised 1,195 employees, 886 females, and 309 males. The participants' ages ranged from 25 to 60 years. The Financial Anxiety Scale, Work-Related Flow Inventory, and Qualitative Job Insecurity Measures were found valid and reliable. Structural equation modeling was applied to test the associations. As hypothesized, the results indicated that job insecurity was positively related to financial anxiety, work-related flow was negatively associated with financial anxiety, and work-related flow mediated the relationship between job insecurity and financial anxiety. All these associations were significant regardless of gender, age, marital status, sector of employment, income, self-rated health, and COVID-19 infection status. Further research is needed to understand the impact of job insecurity on financial anxiety in-depth through the paths of work-related flow, especially in the midst of COVID-19.
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spelling doaj.art-c78af0736bea4d2fac0023d65490e8282022-12-21T22:06:09ZengFrontiers Media S.A.Frontiers in Psychology1664-10782021-07-011210.3389/fpsyg.2021.632265632265Job Insecurity, Work-Related Flow, and Financial Anxiety in the Midst of COVID-19 Pandemic and Economic DownturnSawzan Sadaqa Basyouni0Mogeda El Sayed El Keshky1Mogeda El Sayed El Keshky2Department of Psychology, Faculty of Education, Umm AL-Qura University, Mecca, Saudi ArabiaDepartment of Psychology, Faculty of Arts and Humanities, King Abdulaziz University, Jeddah, Saudi ArabiaDepartment of Psychology, Faculty of Arts, Assiut University, Asyut, EgyptDuring the COVID-19 pandemic, every domain of industry has experienced a severe economic downturn with concomitant stress throughout the economy. Employees working in government and private sectors are experiencing different psychological problems. The current study was conducted to investigate the role of work-related flow in the relationship of job insecurity with financial anxiety in the employees working in private and government sectors of Saudi Arabia. The sample comprised 1,195 employees, 886 females, and 309 males. The participants' ages ranged from 25 to 60 years. The Financial Anxiety Scale, Work-Related Flow Inventory, and Qualitative Job Insecurity Measures were found valid and reliable. Structural equation modeling was applied to test the associations. As hypothesized, the results indicated that job insecurity was positively related to financial anxiety, work-related flow was negatively associated with financial anxiety, and work-related flow mediated the relationship between job insecurity and financial anxiety. All these associations were significant regardless of gender, age, marital status, sector of employment, income, self-rated health, and COVID-19 infection status. Further research is needed to understand the impact of job insecurity on financial anxiety in-depth through the paths of work-related flow, especially in the midst of COVID-19.https://www.frontiersin.org/articles/10.3389/fpsyg.2021.632265/fullCOVID-19job insecurityfinancial anxietywork-related flowSaudi Arabia
spellingShingle Sawzan Sadaqa Basyouni
Mogeda El Sayed El Keshky
Mogeda El Sayed El Keshky
Job Insecurity, Work-Related Flow, and Financial Anxiety in the Midst of COVID-19 Pandemic and Economic Downturn
Frontiers in Psychology
COVID-19
job insecurity
financial anxiety
work-related flow
Saudi Arabia
title Job Insecurity, Work-Related Flow, and Financial Anxiety in the Midst of COVID-19 Pandemic and Economic Downturn
title_full Job Insecurity, Work-Related Flow, and Financial Anxiety in the Midst of COVID-19 Pandemic and Economic Downturn
title_fullStr Job Insecurity, Work-Related Flow, and Financial Anxiety in the Midst of COVID-19 Pandemic and Economic Downturn
title_full_unstemmed Job Insecurity, Work-Related Flow, and Financial Anxiety in the Midst of COVID-19 Pandemic and Economic Downturn
title_short Job Insecurity, Work-Related Flow, and Financial Anxiety in the Midst of COVID-19 Pandemic and Economic Downturn
title_sort job insecurity work related flow and financial anxiety in the midst of covid 19 pandemic and economic downturn
topic COVID-19
job insecurity
financial anxiety
work-related flow
Saudi Arabia
url https://www.frontiersin.org/articles/10.3389/fpsyg.2021.632265/full
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