Acta Universitatis Danubius. Œconomica, Vol 12, No 5 (2016)

Abstract

Abstract: Satisfaction with life is a dynamic factor which merits ongoing research takes into consideration all contextual influences. Objectives: This study assessed the influence of four economic factors, namely employment status, rural/urban residence, public service delivery and poverty on satisfaction with life amongst the urban poor in South Africa. Prior Work: Although satisfaction with life is a well-research concept in most environments, no consensus exists on the results, which prompts the need for continuous research. Approach: A survey design was adopted involving 402 purposively selected residents of Sebokeng Township in Gauteng Province. Results: Regression analysis revealed that employment status, public service delivery and poverty significantly predicted satisfaction with life. Residing in the rural areas was statistically insignificant. Implications: The study provides current insights on the association between economic factors and satisfaction with life amongst poor people in urban societies. Value:  The study may be used by governments in developing countries to develop policies for improving the socio-economic well-being of poor societies.