Low-wage workers are gloomy about future, survey shows [View all]
Source: AP
March 20, 2013 at 4:50 PM
WASHINGTON -- While lower-wage American workers have accounted for the lion's share of the jobs created since the 2007-2009 Great Recession, a new survey shows that they are also among the most pessimistic about their future career prospects, their job security and their finances.
The two-part Associated Press-NORC Center for Public Affairs Research survey of both employers and employees found high levels of anxiety among those earning $35,000 annually or less. Many of these workers say they're worse off now than they were before or during the recession.
And there's no question that workers see the world differently than do their bosses.
Seventy-two percent of employers at big companies and 58 percent at smaller ones say there is a "great deal" or "some" opportunity for worker advancement. But, asked the same question, 67 percent of all low-wage workers said they saw "a little" or "no opportunity" at their jobs for advancement.
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