Fear for job security largest outside Europe - May 29, 2009

52 Percent of the respondents in the UK felt their jobs were secure, closely followed by the Netherlands (46 percent) and Spain (40 percent). For other countries including the US, Latin America and India, that percentage of people that was sure their job was not at stake remained at 30 percent or lower.

"Is your job secure?", asked the WageIndicator over the past ten days online visitors of websites in 12 out of 45 countries the organization is covering. The negative sentiment, the fear that one might lose his or her job, was surprisingly low in Europe compared to other participating countries, including Latin America. 

52 Percent of the respondents in the UK felt their jobs were secure, closely followed by the Netherlands (46 percent) and Spain (40 percent). For other countries including the US, Latin America and India, that percentage of people that was sure their job was not at stake remained at 30 percent or lower. The fear of actually losing their job was highest in India and Mexico (both 37 percent), although only 12 percent of the visitors of the Indian site site said they have lost their job. Of the 3,600 visitors of the web poll, over 600 or 17 percent said they had lost their jobs. Here the European countries also scored rather low, mirroring again a relative job security. In the US 24 percent of the visitors said to be without a job and here 30 percent said they had no idea what the future would bring, the highest score among all the countries.

The WageIndicator is using web polls to test the sentiment among its online users. Coming week we ask our visitors whether they have been cutting back their expenses as a part of the financial crisis, or not.

Participating countries in the web polls

Argentina
India
the UK
the USA
South Africa
Spain
The Netherlands
Mexico
Columbia
Chili
Guatamala
Paraguay
the international site


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