According to Gallup’s weekly job market update, as of the week of March 21-27, Americans reported 44 percent of companies were hiring, 11 percent were letting employees go and 40 percent were not experiencing change.
The results of the Gallup survey are based on a series of telephone interviews with 1,019 adults over age 18.
Here are five things to know about the Gallup survey.
1. Americans’ job market outlook has decreased since 2015. Approximately 45 percent of Americans thought it was a great time to search for a job in early 2015, compared to 42 percent in 2016.
2. The record high for job market outlook occurred in 2007. In that year, 48 percent of Americans believed it was a good time to find a quality job. Two years later — during the Great Recession — a mere 8 percent said it was a good time to find a job.
3. Democrats have a better job market outlook than Republicans. During this year’s survey, 54 percent of U.S. citizens who identify as Democrats or lean Democratic believed it was a good time to find a job, compared to 28 percent of Republicans or those who lean Republican.
4. Younger Americans are more likely than older Americans to believe it’s a good time to hunt for a job. Approximately 55 percent of 18- to 29-year-olds have a positive job market outlook, and the percentage decreased as participants’ ages rose. Forty-five percent of 30- to 49-year-olds, 35 percent of 50- to 64-year-olds and 31 percent of those 65 and older believe it’s a great time to find a quality job.
5. Men have a more positive job market outlook than women. Only 39 percent of women think it’s a good time to find a job, while 45 percent of men believe the same.
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