Labor market regulation: An analysis of household budgeting and job stress in times of crisis
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Cristian Calle-Tarrillo 
, Jhersin Jhonatan Bustamante-Obando , Juan Félix Quispe-Gonzales
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
The economic crisis generated by the COVID-19 pandemic has significantly affected the financial stability of Peruvian households, exacerbating work stress in shopping mall employees. This study aims to analyze the relationship between household budget management and work stress in this context. A non-experimental correlational design was used with a sample of 384 employees. These findings are consistent with previous studies, such as that of Vosloo et al. (2014), which highlight the impact of financial stress on work well-being. The results show a significant correlation between poor household budget management and elevated levels of job stress. In addition, it was found that fixed expenses are related to emotional exhaustion and that the ability to save is associated with greater personal fulfillment. It is relevant for future research and labor policies, as it provides a deeper understanding of the link between personal finances and work stress, and how their management can influence organizational productivity and well-being (Bedford et al., 2022).
Keywords: Family Budget, Job Stress, Economic Crisis
Authors’ individual contribution: Conceptualization — C.C.-T., J.J.B.-O., and J.F.Q.-G.; Methodology — C.C.-T., J.J.B.-O., and J.F.Q.-G.; Validation — C.C.-T., J.J.B.-O., and J.F.Q.-G.; Formal Analysis — J.J.B.-O. and J.F.Q.-G.; Resources — C.C.-T. and J.J.B.-O.; Data Curation — J.J.B.-O. and J.F.Q.-G.; Writing — Original Draft — C.C.-T., J.J.B.-O., and J.F.Q.-G.; Visualization — C.C.-T. and J.J.B.-O.; Supervision — J.F.Q.-G.; Project Administration — C.C.-T., J.J.B.-O., and J.F.Q.-G.
Declaration of conflicting interests: The Authors declare that there is no conflict of interest.
JEL Classification: E24, J38, J60
Received: 02.05.2024
Revised: 16.08.2024; 24.09.2024; 26.03.2025
Accepted: 22.04.2025
Published online: 25.04.2025
How to cite this paper: Calle-Tarrillo, C., Bustamante-Obando, J. J., & Quispe-Gonzales, J. F. (2025). Labor market regulation: An analysis of household budgeting and job stress in times of crisis. Journal of Governance & Regulation, 14(2), 118–124. https://doi.org/10.22495/jgrv14i2art12
