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Rutgers Survey: Americans Worried About Economic Future

Carl Van Horn

A national survey by the Heldrich Center for Workforce Development at Rutgers finds that a majority of Americans believe the economy is improving, but they’re worried about future job prospects.

Carl Van Horn is the Center’s director. He says even though unemployment is low, 57 percent of those surveyed consider the federal government’s handling of the job situation as only fair or poor.

7 in 10 Americans are worried that the country is being run for the benefit of the rich rather than for workers.

“Many workers don’t think they’re benefiting and in fact for the average American their wages have not increased more than inflation for more than a decade. So, while they may have a job, it’s not necessarily a job that gives them the opportunity to advance economically.”

Only 10 percent of those surveyed say they’re extremely confident they could get a new job if they were laid off.

“They’re concerned about what’s happening in Washington, that the government may spoil the future economic growth by its activities. And they’re concerned that corporations are still thinking about moving more jobs overseas and taking them out of the United States.” 

Van Horn says 52 percent of Americans surveyed worry that the economy will not be better for the next generation.

“I teach students and they’re concerned about this. They worry that they can’t pay off their debts. That they’re not going to get a job that gives them enough money to afford to do that. They may not be able to have a family when they want to or buy a house.”