Despite the fact that the recession is now dead and gone, understanding the state of the job market is a complicated endeavour, according to a slew of new reports by The Pew Research Center.
One area that continues to be a struggle for many in the job market is simply finding work. A Pew report from September 4 showed that 58 percent of those asked by Pew about the job market said that jobs were hard to find where they lived — and even more (71 percent) agreed that “good jobs” were scarce.
in a separate poll that only 4.6 percent of those employed in the U.S. have more than one job — 1 percent less than 1994. And the workers most likely to have more than one job are in the public sector: health care, public safety and education.
"Both in terms of raw numbers and as a share of all employed people, fewer Americans are working more than one job than in the mid-1990s," Pew's Drew Desilver wrote in the report.
The findings are surprising considering that even those with jobs don’t feel very secure. “Fifty-six percent say their family’s incomes are falling behind the cost of living,” Pew said of their August survey. “That is about as many as said their incomes were falling behind in October 2008 (57 percent), during the Wall Street financial crisis.” Only 5 percent reported that their income was safe from inflation.
Participants were even less excited about the overall economy. Only 21 percent thought it was doing well, according to Pew, which is higher than January’s 16 percent. Nearly 70 percent think that the economy is only slowly recovering.