Zogby: No Economic Recovery seen on Main Street USA [View All]

The optimism of a rebounding economy hasn't yet trickled down to Main Street, USA (despite the best efforts of the media)according to a new Zogby poll.

According to this survey 16% of US voters ages 18 + have lost a job in the past year.

20% fear losing a job this year (2004).

21% are working for less $$ than the previous job they held.

In a Clinton-era June 1999 Zogby poll, just one in ten (10%) feared losing a job in the coming year, and the same number said they were working at a job paying less than an immediate previous job.

Per Zogby:
"How Main Street views the economy will be as signficant as the view from Wall Street in 2004. While previous structural recessions in '82 and 90-91 provided bad news for manufacturers and blue collar workers, today's slowdown means worries have spread to white-collar workers, including higher-end workers. Look for the tracking numbers as both parties vie for votes in the suburbs and among knowledge workers."

http://www.zogby.com/news/ReadNews.dbm?ID=760