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Just more than half of U.S. workers—51%—said they were satisfied with their jobs in 2017, the highest level since 2005, according to a new report from The Conference Board, a business-research group.
Over the past seven years, Americans report feeling better about their pay along with a greater sense of job security, both features of an economy with a low unemployment rate and a long decline in layoffs. In July, jobless claims continued an extended post-recession slide and hit their lowest level in nearly 50 years.
“These are higher-skilled workers, managers, and they tend to have more control over their day-to-day work activities,” said Rebecca Ray, leader of The Conference Board’s human capital practice. “Having more control can drive a lot of how you feel about the job.”
The article goes on to state the following:
The group surveyed approximately 1,500 workers about 23 separate topics, from paychecks to commutes. On the wage component, the satisfaction gap is much bigger between those who make more than $75,000 a year and those who make less. Around 58% of households with incomes of at least $75,000 were satisfied with their pay, similar to the rate of their overall job happiness. In contrast, 29.4% of people surveyed with household incomes below $75,000 reported they were satisfied with their pay.
The numbers tell “a tale of two economies,” said Rick Wartzman, a director at the Drucker Institute, an organization focused on leadership and management, and author of “The End of Loyalty: The Rise and Fall of Good Jobs in America.” In 2016, nearly half of American workers earned less than $30,000 a year, according to Social Security data reported by employers.
— The Conference Board (@Conferenceboard) August 29, 2018
Just more than half of US workers – 51% – said that they were satisfied with their jobs in 2017, the highest level since 2005, according to a new report from
The Conference Board. https://t.co/E6BFdmHBES
— Captivate (@Captivate) August 29, 2018
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