In case you haven’t heard, the economy isn’t doing too hot. (Shocking, I know).
New job numbers out late last week showed that U.S. employers added the fewest jobs in nine months, possibly signaling the economy is heading into a weak spring. The country’s unemployment rate has been dipping slightly, but that’s just because more people have stopped looking for work.
The percentage of Americans working or looking for jobs fell to 63.3 percent in March, the lowest such figure in nearly 34 years.
On a related note, a new Harris poll out found that American workers (gasp!) don’t have a sense of security about their employment status. Fourteen percent of employees worry they will lose their job in the next three months, and one in five say it’s likely they will have their salary or hours reduced.
Nothing about this signals happy news about our economic state. However, none of this is surprising.
We all know people who have been laid off or are struggling to find a new job (for many of us, that person is us). But the one thing I’d like to point out about the Harris poll findings is this: The struggling economy isn’t just making Americans worry about their job security, it’s making them worry about their benefits security.