US – Workers were less secure about retaining their jobs in 2010 and 2012 than in 1977 and 1978 BLS finds

Workers were less secure about retaining their jobs in 2010 and 2012 than in 1977 and 1978; they also were less secure about the ease with which they would find a comparable job if they were separated. As might be expected, the two measures of job security track unemployment, although other factors certainly play a role as well.

Compared with workers in 1977 and 1978, workers in 2010 and 2012 expressed significantly less job security. They were more afraid of losing their jobs (11.2 percent versus the earlier 7.7 percent) and were less likely to think that they could find comparable work without much difficulty (48.3 percent versus the earlier 59.2 percent). (See table 1.)

Chosen excerpts by Job Market Monitor. Read the whole story at Worker’s expectations about losing and replacing their jobs: 35 years of change : Monthly Labor Review: U.S. Bureau of Labor Statistics.