How do you feel about your job security compared to 12 months ago?
|One out of 4 Americans earning more than $50,000 feels more secure about their job than they did a year ago.|
|Twenty-one percent of Democrats feel less secure today, versus 17 percent of Republicans and 11 percent of Independents.|
|Just 12 percent of Americans younger than 30 feel less job security, compared to about 20 percent for those between 30 and 64.|
"People are still tottering on the fence and are still a little bit nervous."The majority of respondents, (more than) 60 percent, feel the way they felt a year ago. I would interpret those numbers to mean that people are still tottering on the fence and are still a little bit nervous. Though most companies have probably slashed as much as they can, if I were working for a major corporation, I would not sit too comfortably because I don't trust where the next wave of problems is going to come from.
- Phil Cioppa, Managing principal and chief investment officer, Arbol Financial Strategies in Norwalk, Conn.