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Job satisfaction in U.S. falls to record low
By Noreen Kelly | January 5, 2010
According to a new survey published by the Conference Board, only 45 percent of Americans are satisfied with their work, the lowest level ever recorded by the Conference Board research group in more than 22 years of studying the issue. When the Conference Board first conducted the survey in 1987, most workers — 61 percent — said they were happy in their jobs. In 2008, 49 percent of those surveyed reported satisfaction with their jobs.
The reasons cited:
* Fewer workers consider their jobs to be interesting.
* Incomes have not kept up with inflation.
* The soaring cost of health insurance has eaten into workers’ take-home pay.
Economists say a drop in job satisfaction could stifle innovation and hurt America’s competitiveness and productivity. Also, a lessened sense of teamwork is linked to low job satisfaction. And, it could make unhappy older workers less inclined to take the time to share their knowledge and skills with younger workers.
Topics: Employee engagement, Trust, Workplace | No Comments »