Tuesday, August 09, 2011
Overall confidence in the U.S. job market is at its lowest level in two years.
The latest Rasmussen Reports national telephone survey of American Adults shows that 50% of American Adults think the U.S. job market is worse now than it was a year ago. That's up 11 points from June and the highest negative finding since August 2009.
Only 13% of Americans believe the job market is better than it was last year at this time. That’s down from 21% in June and also the lowest finding in two years. This finding ranged from a low of six percent (6%) in August 2009 to a high of 24% in January of this year.
Thirty-four percent (34%) say the job market is about the same as it was a year ago. (To see survey question wording, click here.)
For the second month in a row, 31% of Americans believe the national unemployment rate will be higher one year from now, which ties the highest finding since last June. Twenty-nine percent (29%) think the unemployment rate will be lower, while 32% say it will be about the same in a year’s time.
The survey of 1,000 Adults was conducted on August 4-5, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.Rasmussen subscribers can log in to read the rest of this article.
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