No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, November 10, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Nearly half of U.S. adults aren’t confident they could find a good job

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 5 mins read
A A
Nearly half of U.S. adults aren’t confident they could find a good job
Share on FacebookShare on TwitterShare on LInkedIn



Americans are growing increasingly concerned about their ability to find a good job under President Donald Trump, an Associated Press-NORC Center for Public Affairs poll finds, in what is a potential warning sign for Republicans as a promised economic boom has given way to hiring freezes and elevated inflation.

High prices for groceries, housing and health care persist as a fear for many households, while rising electricity bills and the cost of gas at the pump are also sources of anxiety, according to the survey.

Some 47% of U.S. adults are “not very” or “not at all confident” they could find a good job if they wanted to, an increase from 37% when the question was last asked in October 2023.

Electricity bills are a “major” source of stress for 36% of U.S. adults at a time when the expected build-out of data centers for artificial intelligence could further tax the power grid. Just more than one-half said the cost of groceries are a “major” source of financial stress, about 4 in 10 said the cost of housing and health care were a serious strain and about one-third said they were feeling high stress about gasoline prices.

The survey suggests an ongoing vulnerability for Trump, who returned to the White House in January with claims he could quickly tame the inflation that surged after the pandemic during Democratic President Joe Biden’s term. Instead, Trump’s popularity on the economy has remained low amid a mix of tariffs, federal worker layoffs and partisan sniping that has culminated in a government shutdown.

Linda Weavil, 76, voted for Trump last year because he “seems like a smart businessman.” But she said in an interview that the Republican’s tariffs have worsened inflation, citing the chocolate-covered pecans sold for her church group fundraiser that now cost more.

“I think he’s doing a great job on a lot of things, but I’m afraid our coffee and chocolate prices have gone up because of tariffs,” the retiree from Greensboro, North Carolina, said. “That’s a kick in the back of the American people.”

Voters changed presidents, but they’re not feeling better about Trump’s economy

The poll found that 36% of U.S. adults approve of how Trump is handling the economy, a figure that has held steady this year after he imposed tariffs that caused broad economic uncertainty. Among Republicans, 71% feel positive about his economic leadership. Yet that approval within Trump’s own party is relatively low in ways that could be problematic for Republicans in next month’s races for governor in New Jersey and Virginia, and perhaps even in the 2026 midterm elections.

At roughly the same point in Biden’s term, in October 2021, an AP-NORC poll found that 41% of U.S. adults approved of how he was handling the economy, including about 73% of Democrats. That overall number was a little higher than Trump’s, primarily because of independents — 29% approved of how Biden was handling the economy, compared with the 18% who currently support Trump’s approach.

The job market was meaningfully stronger in terms of hiring during Biden’s presidency as the United States was recovering from pandemic-related lockdowns. But hiring has slowed sharply under Trump with monthly job gains averaging less than 27,000 after the April tariff announcements.

People see that difference.

Four years ago, 36% of those in the survey were “extremely” or “very” confident in their ability to get a good job, but that has fallen to 21% now.

Biden’s approval on the economy steadily deteriorated through the middle of 2022 when inflation hit a four-decade high, creating an opening for Trump’s political comeback.

Electricity costs are an emerging worry

In some ways, Trump has made the inflation problems harder by choosing to cancel funding for renewable energy projects and imposing tariffs on the equipment needed for factories and power plants. Those added costs are coming before the anticipated construction of data centers for AI that could further push up prices without more construction.

Even though 36% see electricity as a major concern, there are some who have yet to feel a serious financial squeeze. In the survey, 40% identified electricity costs as a “minor” stress, while 23% said their utility bills are “not a source” of stress.

Kevin Halsey, 58, of Normal, Illinois, said his monthly electricity bills used to be $90 during the summer because he had solar panels, but have since jumped to $300. Halsey, who works in telecommunications, voted Democratic in last year’s presidential election and described the economy right now as “crap.”

“I’ve got to be pessimistic,” he said. “I don’t see this as getting better.”

At a fundamental level, Trump finds himself in the same economic dilemma that bedeviled Biden. There are signs the economy remains relatively solid with a low unemployment rate, stock market gains and decent economic growth, yet the public continues to be skeptical about the economy’s health.

Some 68% of U.S. adults describe the U.S. economy these days as “poor,” while 32% say it’s “good.” That’s largely consistent with assessments of the economy over the past year.

In addition, 59%, say their family finances are “holding steady.” But only 12% say they’re “getting ahead,” and 28% say they are “falling behind.”

People see plenty of expenses but few opportunities

The sense of economic precarity is coming from many different directions, with indications that many think middle-class stability is falling out of reach.

The vast majority of U.S. adults feel at least “minor” stress about the cost of groceries, health care, housing, the amount they pay in taxes, what they are paid at work and the cost of gas for their cars.

In the survey, 47%, say they are “not very” or “not at all” confident they could pay an unexpected medical expense while 52% have low confidence they will have enough saved for their retirement. Also, 63%, are “not very” or “not at all” confident they could buy a new home if they wanted to.

Young adults are much less confident about their ability to buy a house, though confidence is not especially high across the board. About 8 in 10 U.S. adults under age 30 say they are “not very confident” or “not at all confident” they would be able to buy a house, compared with about 6 in 10 adults 60 and older.

For 54% of U.S. adults, the cost of groceries is a “major source” of stress in their life right now.

Unique Hopkins, 36, of Youngstown, Ohio, said she is now working two jobs after her teenage daughter had a baby, leaving Hopkins with a sense that she can barely tread water as part of the “working poor.” She voted for Trump in 2016, only to switch to Democrats after she felt his ego kept him from uniting the country and solving problems.

“It’s his way or no way,” she said. “Nobody is going to unite with Trump if it’s all about you, you, you.”



Source link

Tags: AdultsarentconfidentFindgoodjobU.S
ShareTweetShare
Previous Post

Blackstone’s Jonathan Gray warns investors are underestimating AI’s disruptive power (BX:NYSE)

Next Post

New Citi American Airlines Card: Companion Pass, Lounge Access, $350 Fee

Related Posts

edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

by TheAdviserMagazine
November 10, 2025
0

Two of the world’s biggest data center developers have projects in Nvidia Corp.’s hometown that may sit empty for years because...

edit post
Hain Celestial to cut 30% of North America SKUs under turnaround

Hain Celestial to cut 30% of North America SKUs under turnaround

by TheAdviserMagazine
November 10, 2025
0

Hain Celestial plans to cut around 30% of its SKUs in North America, the US-based better-for-you food and drink maker’s...

edit post
Shekel opens week at strongest in over 3 years

Shekel opens week at strongest in over 3 years

by TheAdviserMagazine
November 10, 2025
0

Bank Leumi sees the shekel trading in the NIS 3.1-3.3/$ range over the next 12 months. The...

edit post
K-shaped economy can also be found in S&P 500, says Apollo, with Magnificent 7 the winners

K-shaped economy can also be found in S&P 500, says Apollo, with Magnificent 7 the winners

by TheAdviserMagazine
November 10, 2025
0

The economy is a tale of two halves at present, with wealthy consumers reporting confidence in their outlook, while those...

edit post
Nuvama initiates coverage on Swiggy with ‘Buy’ rating, sets target at Rs 510 on strong food delivery momentum

Nuvama initiates coverage on Swiggy with ‘Buy’ rating, sets target at Rs 510 on strong food delivery momentum

by TheAdviserMagazine
November 10, 2025
0

Domestic brokerage Nuvama Institutional Equities has initiated coverage on food delivery and quick commerce major Swiggy with a ‘Buy’ rating...

edit post
Kazakhstan joins Abraham Accords to upgrade arms deals

Kazakhstan joins Abraham Accords to upgrade arms deals

by TheAdviserMagazine
November 10, 2025
0

The Trump administration's announcement that Kazakhstan is joining the Abraham Accords was made with great fanfare, even though the...

Next Post
edit post
New Citi American Airlines Card: Companion Pass, Lounge Access, 0 Fee

New Citi American Airlines Card: Companion Pass, Lounge Access, $350 Fee

edit post
Retiree loses over  million worth of XRP in suspected wallet compromise

Retiree loses over $3 million worth of XRP in suspected wallet compromise

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
7 States That Are Quietly Taxing the Middle Class Into Extinction

7 States That Are Quietly Taxing the Middle Class Into Extinction

November 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
no kings nyc: ‘No Kings’ at NYC: Thousands of protesters take over Times Square for anti-Trump marches in Manhattan. Check timings

no kings nyc: ‘No Kings’ at NYC: Thousands of protesters take over Times Square for anti-Trump marches in Manhattan. Check timings

October 18, 2025
edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

0
edit post
I Built a Rental Portfolio That Gives Me “Boring,” Steady Cash Flow

I Built a Rental Portfolio That Gives Me “Boring,” Steady Cash Flow

0
edit post
October Layoffs Reach 22-Year High In US

October Layoffs Reach 22-Year High In US

0
edit post
Shekel opens week at strongest in over 3 years

Shekel opens week at strongest in over 3 years

0
edit post
Bitcoin Hyper Raises M as Aster Rallies 11% in One Day

Bitcoin Hyper Raises $26M as Aster Rallies 11% in One Day

0
edit post
Book Review: Reminiscences of a Bond Operator

Book Review: Reminiscences of a Bond Operator

0
edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

November 10, 2025
edit post
Bitcoin Hyper Raises M as Aster Rallies 11% in One Day

Bitcoin Hyper Raises $26M as Aster Rallies 11% in One Day

November 10, 2025
edit post
Why Nearly Half of Workers Hold Multiple Jobs

Why Nearly Half of Workers Hold Multiple Jobs

November 10, 2025
edit post
Exxon Mobil: Profite trotzen Ölpreis-Druck – Charttechnischer Wendepunkt!

Exxon Mobil: Profite trotzen Ölpreis-Druck – Charttechnischer Wendepunkt!

November 10, 2025
edit post
Hain Celestial to cut 30% of North America SKUs under turnaround

Hain Celestial to cut 30% of North America SKUs under turnaround

November 10, 2025
edit post
Hiring Advisory Firm Employees For The Long Term: How To (Efficiently) Screen For The Right Culture Fit

Hiring Advisory Firm Employees For The Long Term: How To (Efficiently) Screen For The Right Culture Fit

November 10, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Data centers in Nvidia’s hometown stand empty awaiting power
  • Bitcoin Hyper Raises $26M as Aster Rallies 11% in One Day
  • Why Nearly Half of Workers Hold Multiple Jobs
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.