Pessimistic about the economy and inflation, Americans remain optimistic about employment.

Americans are worried about inflation, pessimistic about the economy in general, and upset about the way their leaders are handling it. But they still feel pretty good about the job market.

Fifty-two percent of Americans say it’s a good time to find a job right now, compared with just 11 percent who say it’s a bad time, according to a poll last month for The New York Times. by online research firm Momentive. . (The rest say that the situation is “mixed” or did not answer the question). 56% say that the labor market is more favorable for employees than for employers, and the majority think that these conditions will continue for at least six months. .

Nor are most Americans concerned that their jobs are in jeopardy. Forty-four percent of those surveyed said they were worried that they or a member of their household would be laid off in the coming months, only a modest increase from 37 percent just before the pandemic.

“People still see the job market as a bright spot,” said Brianna Richardson, a research scientist at Momentive.

The rosy job outlook contrasts sharply with Americans’ overall view of the economy. More than 90 percent of people in the survey said they were worried about inflation, with most saying they were worse off financially than they were a year earlier. Only 17 percent said that general business conditions in the country were fairly good or very good.

Ms. Richardson said the results suggested that bad news on inflation was overshadowing good news on jobs in Americans’ perceptions of the economy. That also appears to be true for people’s own finances: Despite seeing it as an employee-friendly job market, most workers say they haven’t received raises to keep up with rising prices. .

Americans take a dim view of the way the White House and the Federal Reserve have handled inflation, even though the poll was conducted before Sen. Joe Manchin III of West Virginia signed a bill that Democrats say would help to reduce inflation. But those polled don’t necessarily think Republicans would fare better. Forty-four percent of those surveyed said they thought Democrats would do a better job on the economy, compared with 47 percent who preferred Republicans on the issue. Those numbers have changed little since the question was last asked, in May 2019.

About the survey: The data in this article comes from an online survey of 5,881 adults conducted by the polling company Momentive from July 18-25. The company randomly selected the respondents from among the more than two million people who take surveys on its platform each year. day. Responses were weighted to match the demographic profile of the United States population. The survey has a modeled error estimate (similar to a margin of error in a standard telephone survey) of plus or minus two percentage points, so differences of less than that amount are statistically insignificant.

Leave a Comment

Your email address will not be published. Required fields are marked *