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Rasmussen Reports President Scott Rasmussen on Americans’ declining confidence in the job market and its potential impact on the Presidential race.
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Many thanks so on the heels of this morning's disappointing jobs number for August.
Rasmussen Reports is out with its latest employment survey results joining us now with much more is -- after he's president of Rasmussen Reports Scott thanks to come back -- show on.
You put out a commentary today the Rasmussen employment index showing that confidence is drifting tell me more about it.
What are we put -- the employment index couple days before the jobs report every month in this one show -- 21%.
Of workers report their firms are hiring 23% report layoffs.
That's discouraging trying to for the second month in a -- that don't layoffs of top hiring it's the worst numbers we've seen in ten months.
And on top of that we ask a question about when you leave this job will be your choice.
62% of workers say yes that's down twelve points from July it's down nineteen points from may it's the lowest we've seen in three years and -- If you're making the choice to leave your job that's a good thing if somebody else is making it for you.
That's a problem.
Now that make sense.
What are your survey findings about those of us luckily -- lucky enough to have a job are we more or less confident that will be able to keep them.
No insecurity is rising 29%.
Of workers now tell us.
That they're concerned about losing their job in the near future that's up four points from a month ago and it's the highest level of concern since last October.
You don't all of our economic indicators tell a similar story confidence -- was about jobs -- the overall economy was higher in the first quarter of this year.
It's been drifting downwards.
And we're not quite as bad as things -- say in 2009.
Or ten.
But we're not nearly as positive about things we were earlier this year so let's.
-- -- the politics of all this the conventions are now behind -- you do a daily tracking poll also -- Americans more confident in.
As to who can sixty -- Right now Mitt Romney is -- on the economy 48% trust him on the economy 44%.
Trust the president.
That's the good news if you're name is Mitt Romney the bad news.
A couple of months ago Romney had a twelve point edge on this issue so things are tightening up.
And you know it's this is going to be where they -- the election is decided who can handle the economy better it is the most important issue all the campaigns I -- all the conventions were a lot of -- right but they're not gonna determine the election.
So you're saying to take away here is how you feel about the economy how your lifestyle is being impacted in where you think it's going is more important in -- Voting decision then what you thought of Clint Eastwood or if you -- You know the president's speech last night was fantastic are terrible.
Absolutely first of all those who are undecided are watching the conventions.
Second of all the people who are undecided about this race largely are working class voters many of them used to be Democrats were still Democrats.
Neither Romney nor Obama connects within their personal finances are -- big issue and where that stands back in the fall of 200843%.
Of Americans said their finances were in good shape.
That fell to 35%.
On the day that President Obama took office.
And it's just a little bit lower than that today the numbers are so terrible that Barack Obama is automatically going to lose.
But he sure wishes they were feeling that Americans are feeling better about their finances today.
-- -- -- investment comes to those numbers Scott thanks for joining us this afternoon Scott thank you.
