Gallup: American Optimism on Jobs Hit All-Time High in 2017 Gallup: American Optimism on Jobs Hit All-Time High in 2017 – NTK Network

Gallup: American Optimism on Jobs Hit All-Time High in 2017

Gallup reported on Tuesday that 56 percent of Americans were optimistic "about finding a quality job" in 2017, the "highest annual average in 17 years of Gallup polling."

By NTK Staff | 01.09.2018 @9:30am
Gallup: American Optimism on Jobs Hit All-Time High in 2017

Gallup reported on Tuesday that Americans in 2017 were more optimistic than ever about finding a quality job.

Gallup’s Megan Brenan reported:

Americans’ optimism about finding a quality job averaged 56% in 2017, the highest annual average in 17 years of Gallup polling and a sharp increase from 42% in 2016. Coinciding with rising optimism, the U.S. unemployment rate fell from an average 4.9% in 2016 to 4.4% in 2017, the lowest rate since 2000.

Optimism hit a low of 10 percent in 2009, the middle of the Great Recession and the first year of the Obama presidency. Obama’s final two years in office, 2015 and 2016, saw highs for job optimism during his presidency, but still stood at a paltry 42 percent.

There are many reasons for optimism with the current American economy.

  • As NTK Network reported last week, the U.S. created 148,000 jobs in December, and more than two million total in the year 2017.
  • The Dow Jones Industrial Average (DJIA) is up 27.1 percent from this time last year
  • The S&P 500 is up 21.1 percent from this time last year
  • Unemployment is at 4.1 percent. In January 2010, the same time in the Obama presidency, unemployment was at 9.8 percent.

Tax cuts passed by the GOP may further contribute to job growth, stock market growth, and low unemployment in 2018 and beyond.

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