Underemployment and Wellbeing Among Late Career Workers: What's Leisure Got to Do with It?
Using data from Community Wellbeing Surveys conducted by the Canadian Index of Wellbeing (N= 2,562 full-time workers), we drew a subsample of 587 participants age 55 years and older. About one in five were underemployed based on subjective assessments of a mismatch between job requirements and their education/skills. Following a Conservation of Resources (Hobfall, 1989) framework, where people actively seek and conserve resources to withstand current and future stressful situations, we first examine differences between under- and adequately employed participants. Using linear regression with mediation and moderation, we found that reduced access to leisure-related resources including time for self and socializing, recreation and cultural opportunities in the community, as well as lower perceived income adequacy contributed to diminished wellbeing. Only perceived income adequacy moderated the relationship between income adequacy and employment status.