If you weren’t happy with your job in 1999, there’s a good chance you are never going to be happy.
So far, it seems 1999 was as good as it gets. Imagine no Internet bust, no wars, no banking crisis, no two-years of recession and counting, and no double digit unemployment.
In 1999, plenty of my colleagues decided it was better to work at home in their underwear for some obscure Internet site, than to come to work in a newsroom every day. Some even thought they’d be professional day traders and write novels on the side.
“In the late 1990s, the American economy was a job-producing marvel and opportunities for workers seemed endless,” said Rutgers University Prof. Carl Van Horn. “Only a decade later, with America suffering through its worse recession in nearly 40 years, workers have lost confidence about their jobs, prospects for retirement, and opportunities for the next generation.”
Van Horn is the co-director of a study released this week that shows Americans’ declining job satisfaction. You’d think satisfaction would have risen over the past two years, considering how many people would feel satisfied just to have a job. But no.
In 1999, only 59% said they were satisfied with their job, overall. That means 41% were not. What were these people thinking? That the Internet was going to employ everyone on the planet?
In 2009, only 49% reported overall job satisfaction. So now that the bubbles have popped we’re even less satisfied.
Click here to read the study. In all categories, satisfaction is down. Other findings of the survey:
Satisfied with retirement and pension: 1999: 34%; 2009: 24%
Satisfied with hours worked each week: 1999: 59%; 2009: 34%
Satisfied with annual income: 1999: 31%; 2009 22%
Satisfied with health and medical coverage: 1999: 43%; 2009,31%
Satisfied with tducational/training opportunities, 1999: 40%; 2009: 28%
Satisfied with security of your job: 1999: 59%; 2009: 41%
Satisfied with ability to balance work and family: 1999 51%; 2009: 40%