Labor Market Study Shows High Job Insecurity Despite Economic Growth
1 report, 1 independent
Updated Fri 00:00
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What happened
A study of 39,000 professionals found that 78% of employees do not feel safe in their jobs, leaving only 22% feeling secure in their current professions. The leading reason cited for this insecurity is artificial intelligence. This finding occurs while the Atlanta Federal Reserve estimates economic growth at 3.5% and notes record high employment.
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Why it matters
The perception of job security is significantly distant from the reality of the labor market, even during a period of high growth and employment. The high level of expressed insecurity suggests potential shifts in labor demand and consumer confidence.
From iheart.com
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Richard Nixon
president of the United States from 1969 to 1974 (1913–1994)