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Report: Americans increasingly unhappy in their jobs - Trade Only Today

Report: Americans increasingly unhappy in their jobs

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Employees are increasingly dissatisfied with their jobs, according to a report by The Conference Board.

The report, based on a survey of 5,000 U.S. households conducted for The Conference Board by TNS Global Market Research, finds only 45 percent of those surveyed say they are satisfied with their jobs, down from 61.1 percent in 1987, the first year in which the survey was conducted.

"While one in 10 Americans is now unemployed, their working compatriots of all ages and incomes continue to grow increasingly unhappy," said Lynn Franco, director of the Consumer Research Center of The Conference Board, in a statement. "Through both economic boom and bust during the past two decades, our job satisfaction numbers have shown a consistent downward trend."

The drop in job satisfaction between 1987 and 2009 covers all categories in the survey, from interest in work (down 18.9 percentage points) to job security (down 17.5 percentage points) and crosses all four of the key drivers of employee engagement: job design, organizational health, managerial quality and extrinsic rewards.

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