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Tags: Biden Administration | Financial Markets | Polls | employment | shortage | labor | covid-19

Gallup Poll: 74 Percent Say Better Job Opportunities Available

an illustration showing stick figures jumping off the word jobs
(Julian Addington Barker/Dreamstime)

By    |   Wednesday, 27 October 2021 10:44 PM

While most Americans believe the economy is faltering, almost three quarters surveyed in a recent Gallup poll think it is a good time to find a quality job.

The poll, conducted from Oct. 1-19 with a random sample of 823 adults in all 50 states found 74% think it is a good time to find a quality job, while about the same percentage are dissatisfied with the way things in the country are going.

The new record number of those believing it is a good time to find better employment opportunities has remained constant since August when a prior record-setting 72% said the same thing, according to Gallup.

The new numbers are much higher than previous polling where those optimistic about seeking better work fell from 68% in January 2020 to just 22% in April of that year as the COVID-19 pandemic lockdowns forced massive layoffs.

Comparatively, the numbers even during the pandemic never reached the lows of 8% and 10% during and after the Great Recession in 2009-2011.

Even as people are wary of the faltering economy with supply chain and labor shortage issues, as well as the ripples caused by the pandemic, leading to a sharp rise in inflation, the U.S. Department of Labor reported 11.5 million workers quit their jobs from April to June, Inc. reported in August.

The Inc. reported 74% of workers responding to a LinkedIn survey said they were "re-thinking" their employment picture after being at home or working remotely during the pandemic.

Others in the survey expressed dissatisfaction, burnout, and fear of job loss after pandemic-related business shutdowns and slowdowns.

But even as the unemployment rate has fallen from double digits during the height of the pandemic to around 4.8% now, a 13-year record-high inflation rate is causing more and more Americans to place the economy and governmental policies at the top of their concerns.

Although economic confidence rose from the -33 rating in April 2020 to a -1 in November 2020, and a +2 in April, it has steadily dropped again during the summer to -25 in October, with 68% of those polled saying the economy is getting worse, according to the Gallup poll.

The top reasons Americans blame for the eroding confidence in the economy are poor government leadership (21%) and COVID-19 (15%).

According to Gallup, the number of Americans citing any economic issue as the most important facing the country has not been this high since April 2017.

The poll has a margin of error of plus or minus 7 percentage points.

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US
While most Americans believe the economy is faltering, almost three quarters surveyed in a recent Gallup poll think it is a good time to find a quality job.
employment, shortage, labor, covid-19, economy, jobs, gallup poll
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2021-44-27
Wednesday, 27 October 2021 10:44 PM
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