A Country Financial security survey shows 36 percent of Americans expect to earn more money next year. (Photo courtesy 401(K)2012/flickr)
By Eric Stock
BLOOMINGTON - Americans are feeling more secure about keeping their jobs.
The September Country Financial security survey shows 79 percent of Americans believe they aren't likely to lose their job in the next 90 days, marking a nine-percent improvement since 2009.
Country's Manager of Financial Security Support, Joe Buhrmann, said the improvement is encouraging.
"It is still something you have to be concerned about, but you've got to look at the class as being half full," Buhrmann said.
He credits improvements in the unemployment rate as helping ease some job security worries.
As a sign that those concerns persist, the survey shows 56 percent believe creating an emergency savings fund is a priority.
Americans site their own personal skills and job performance (34 percent) as the leading reason they could be laid off or fired, followed by the economy or government policy (26 percent) and company performance (24 percent).
Job security appears to be most fragile among those making $20,000 to $40,000 per year. Thirty percent said it's likely the could lose thir job in the next 90 days, even though only half of them consider an emergency savings fund to be a priority.
The survey also showed that 36 percent of Americans expect to see a pay increase in the next year, while only 19 percent of those in the $20K to $40K income bracket expect to earn more.
You can view the entire survey at www.countryfinancialsecurityindex.com.
Eric Stock can be reached at firstname.lastname@example.org.