Monday, April 30, 2012

Job Situation Still Precarious

According to a Gallup poll released last week, the employment situations remains highly precarious in the minds of many Americans. Even as the unemployment rate has been inching downward, 21 percent of all Americans still think it is highly or very likely that they will lose their jobs in the next 12 months. In 2007, before the recession hit, that same number was just 12 percent.

Only 38 percent of all employed Americans say they are not at all likely to lose their jobs in the next year. That's the lowest that figure has been in all the time Gallup has been asking the question, ever since 1975.

And if people do get thrown out of work, they are very pessimistic about landing on their feet. Less than half of all people, just 42 percent, say that they could find just as good a job as their current situation if need be. As recently as 2007, that same figure was 64 percent.

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