Below is a report that DML News gives a 4 OUT OF 4 STARS trustworthiness rating. We base this rating on the following criteria:

  • Provides named sources
  • Reported by more than one notable outlet
  • Does not insert opinion or leading words
  • Includes supporting video, direct statements, or photos

Click here to read more about our rating system.

As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WSJ.com:

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.

To weigh in on this information provided by WSJ.com, engage in our LIVE CHAT below. Scroll down.

LEAVE A REPLY

Please enter your comment!
Please enter your name here