US Job Satisfaction 45%, Down from 49% in 2008

EconomyAmidst the times of paucity of jobs in America, those who are employed are unhappy with their jobs, cited a new survey. It revealed that only 45% of Americans are satiated with their work, dropping from 49% in 2008.

"It says something troubling about work in America. It is not about the business cycle or one grumpy generation", says Linda Barrington, CB's managing director of human capital.

The data recorded by the Conference Board research group is the lowest in more than 22 years of studying the issue.

The reason cited for the drop is partly the worst recession since the 1930s, which made it difficult for some people to find challenging and suitable jobs. However, worker dissatisfaction has been on the rise for more than two decades.

The researchers added that the soaring cost of health insurance, incompetent salaries and the lack of interest in the jobs by many, resulting in the emerging affliction among them.

The scenario demands an urgent need for the reversal of this job satisfaction trend, and if it is not reversed, then it could affect US productivity and competitiveness.