Financial Security Index
Financial Security Index
smart spending
May 2011: Job security

May 2011 Financial Security Index » Job Security

Q:

How do you feel about your job security compared to 12 months ago?

There was broad improvement in feelings about job security compared to April, when only 17 percent felt more secure and 25 percent were less secure.
Men were much more likely to feel greater job security than women, 25 percent to 17 percent.
Those whose education ended with high school were far more likely to feel greater security than college grads, 28 percent versus 16 percent.
Emily Bennington

"The number of people who feel more assured in their job security is definitely a sign of improving confidence in the economy."

A 4 percent increase in the number of people who feel more assured in their job security in April versus May -- from 17 percent to 21 percent, respectively -- is definitely a sign of improving confidence in the economy. It's interesting to note that those who had the most dramatic increase in confidence according to the survey are those with a high school diploma or less. This could be because temporary jobs are picking up again, which is a real ground-level indicator of progress at the national level.

- Emily Bennington, employment consultant and author of "Effective Immediately: How to Fit In, Stand Out, and Move Up at Your First Real Job"

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