Home Link

For Businesses

Business Services

Helping the Businesses in our Community.

Regional Services

Everything you need to know to grow in Yavapai County.

Grant Assistance

From grant research to writing services.

Data and Analytics

Research for sustainable business growth.

Quest Grant

Learn for free and earn certificates with QUEST!

About Yavapai County

Everything you need to know about commerce Yavapai County.

For Employees & Job Seekers

Career Resources

Personalized training, career counseling, scholarships, and more!

On-Demand Courses

Learn new skills and get ready for your next career move.

Job Fairs and Events

Connect with employers through local job fairs and career events.

Hot Jobs

Top Jobs, Occupations, and Skills in Yavapai County

Job Postings

Browse current job openings from local employers

Events

Loading upcoming events...

On-Demand Training

On-Demand Course Options

See and compare the different course bundles and trainings available through the BWS

On-Demand Industry Training

On-demand courses tailored to the fastest growing industries in Yavapai County

Leadership Ladder Course Bundles

Course bundles that teach technical and soft skills to current and future leaders

A la carte Courses

Choose your own individual courses.

Subject Matter Expert

Train employees and businesses in leadership, professional development, communication, and more

Back to Blog

How Happy Are You? A Quick Dive into the Global Happiness Index

happiness index

As economists, we often focus on metrics like GDP and job creation to gauge a country's success. But as we dive deeper into what makes people truly happy, we must also consider other aspects of life beyond monetary gains.

Enter the Global Happiness Index (GHI). This annual report measures a country's overall happiness based on factors like social support, generosity, freedom, and perceptions of corruption. While these factors may not seem directly related to economic prosperity, they play a crucial role in people's well-being and quality of life.

Global Happiness Index

Take Finland, for example, which has topped the GHI for four consecutive years. While it may not have the highest GDP or lowest unemployment rate, it excels in areas like social support and trust in government institutions. People in Finland have access to universal healthcare, free education, and ample parental leave. These policies not only contribute to people's happiness but also to their overall productivity and contribution to society.

On the other hand, countries like the United States, which rank lower on the GHI, may have high GDPs and low unemployment rates, but they also have higher levels of income disparity, social isolation, and distrust in institutions. These factors can contribute to a lower sense of well-being, even if people are materially better off.

As economists, we must expand our focus beyond just dollars and jobs. While economic growth is important, it's not the only measure of a country's success. The GHI reminds us that policies aimed at promoting social support, trust in institutions, and overall well-being can lead to happier, healthier, and more productive societies.

While social support and trust in institutions are important, they should not come at the expense of economic growth. By promoting policies that encourage entrepreneurship, investment, and innovation, we can create a more prosperous society that benefits everyone. Furthermore, policies that create economic opportunity can help address social issues like inequality and social isolation, which can contribute to lower levels of happiness.

In conclusion, the Global Happiness Index is an important reminder that as economists, we must look beyond just dollars and jobs to measure a country's success. By prioritizing factors that contribute to overall well-being and social support, we can create a more inclusive, equitable, and happier society for all.

Home LinkThe BWS is a Division of Yavapai College.Go to yc.edu

Sign up for the BWS Newsletter

Stay in touch with the BWS and learn how we are impacting our community!
Contact Us