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Job Outlook Inspires Gloom

By Dennis McCafferty on 2010-07-20


Americans are increasingly pessimistic that the current employment picture will turn around anytime soon, according to a new survey from Harris Interactive. Maybe they've heard the phrase, "jobless recovery," too many times on the evening news, or they've had too many out-of-work friends e-mail too many resumes without ever getting a response from a prospective employer. Even Vice President Joe Biden recently conceded that not all the jobs lost in the past few years will be coming back. The Harris survey reveals that pessimism remains high everywhere. So if you're relatively secure in your IT job, should you care? Yes, you should. Because an extended lack of confidence among Americans in general is bad for businesses everywhere, and often leads to a domino-effect with respect to decreased sales and other negative consumer behaviors. What's troubling is that the sense of hopelessness isn't just focused on the present — it will linger into the immediate future, and perhaps beyond, according to the results. Some 2,227 American adults took the Harris Interactive survey.
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Just ten percent of Americans say the job market in their region is good.

66 percent of survey participants say their regional job market is bad, up from 53 percent in June 2008.

Western states, where 71 percent say the job market is bad, have the gloomiest outlook.

68 percent in the East and Midwest say the job market there is bad; 60 percent say it's bad in the South.

53 percent of Americans say the regional job market will remain the same over the next six months.

21 percent of Americans say the regional job market will get worse over the next six months.

26 percent believe the regional job market will get better over the next six months.

40 percent of Americans say the job market will not improve for another year, or longer.

20 percent of those surveyed say they're not sure at all when the job market will improve.

Just 11 percent of survey participants say the job market will start to improve within the next six months.

Only 8 percent of Americans believe the job market is already improving.

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