Americans are still optimistic about job security
Add Axios as your preferred source to
see more of our stories on Google.
U.S. workers aren’t too worried about their job security.
Why it matters: Despite all the headlines (including ours!) chronicling the wave of layoffs hitting the tech industry, most Americans work in other sectors and still feel pretty good.
State of play: Across all income groups, the share of U.S. adults who fear they could lose their job in the next month ticked down during November — and is sitting near series low points, according to polling for the Morning Consult/Axios Inequality Index dating back to May 2020.
Yes, but: When Americans put their consumer hats on, they’re less optimistic. Consumer sentiment is also near series lows.
- That disconnect has been playing out all year — Axios’ Neil Irwin wrote about it back in February.
The bottom line: “Despite consumers being pessimistic, economists being pessimistic, and the Federal Reserve intentionally reducing demand — workers remain very optimistic,” says Jesse Wheeler, economic analyst at Morning Consult.
