是 worker's life 还是 life of workers

哪一个所有格是正确的？还是都可以，请老师延伸讲解一下。谢谢。

the workers' life

=The life of the workers

 All this directly affects the life of the workers and peasants and prevents any improvement.
这些情形,立即影响到工农的生活,使工农生活不能改良.