American workers' confidence in the economy and their economic stability has still not returned to pre-recession levels. But it's getting closer.
Gallup has been polling Americans on their confidence levels over the years and, looking back 10 years, folks were pretty confident their wages would at least remain level if not improve.
But all that was shattered by the recession. The "worry factor" over wage reductions shot up from 14 percent in 2007 to more than 30 percent during the recession. Fears remained strong among nearly one-third of workers through 2013, when many surveys continued to report an unease with the recoveryamong workers and employers.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
