Gallup informs us:
Even as Gallupโs underemployment measure shows that more people are getting full-time jobs, 21% of American workers think it is โveryโ or โfairlyโ likely that they will lose their jobs or be laid off during the next 12 months. That is nearly twice the 12% pre-recession level of 2007 and about the same as the 19% recorded in late 1982, during another deep recession.
Further reflecting todayโs lack of job security, 38% of Americans employed full- or part-time say they are โnot at all likelyโ to lose their jobs over the next year โ down 19 points from April 2007, and by far the lowest level of self-professed job security Gallup has measured since 1975.
But as Tim Geithner assures us, some parts of the economy are โvery strong.โ
I presume he means the government parts.
The stimulus is working!






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