Majority US Workers Believe Obama Has Clearer Vision For Jobs Creation; Glassdoor Employment Confidence Survey (Q3 2012)
With Election Day a little over a month away, which Presidential candidate will lead the US workforce in the right direction? According to the latest quarterly Glassdoor Employment Confidence Survey, 51% of employed and unemployed workers believe Barack Obama has a stronger vision for jobs creation and lowering unemployment, than Mitt Romney (35%) or other candidates (14%).
Once in office, 66% of employees and job seekers want new jobs in the public and/or private sectors to be the next President’s top jobs-related priority. Other top priorities according to the US workforce include:
- 52% – create more jobs focused on innovation technology and energy
- 46% – provide education assistance
- 42% – retraining programs for the long-term unemployed
- 41% – develop job training programs
- 36% – equal pay for men and women
- 28% – cut business taxes
- 24% – extend unemployment benefits
- 9% – other
The quarterly survey also shows that employee optimism surrounding company outlook hit an all-time high since the survey began in Q4 2008. Nearly half (48%) of employees, including those self-employed, believe their company outlook will get better in the next six months. Men (53%) continue to be more optimistic than women (42%) about their company’s outlook in the next six months.
Is the job market improving? If you ask unemployed job seekers the answer may be no; 34% felt it was likely they could find a job matched to their experience and compensation in the next six months – down eight points from last quarter. One in three (31%) of those unemployed but looking report they believe it is unlikely they will find a job in six months. There is one silver lining when you turn to those currently employed, 41% believe it is likely they would be able to find a job matched to their experience and compensation in the next six months, up four points from last quarter.
While employees may feel company outlook and job prospects are looking rosier, they are feeling cautiously optimistic about their chances of a pay or cost-of-living increase in the next 12 months. Overall, employee expectations for a pay increase in the next 12 months hovers at 39%. The survey reports that men are more optimistic when it comes to getting a pay raise. This quarter 43% of employed men expect a pay or cost-of-living increase in the next 12 months – a slight increase from last quarter (40%) – while women’s optimism dropped seven percentage points since last quarter to 34%.