Policy: Economy

Gallup: 57% still say it's a bad time to find a job

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Beltway Confidential,Jobs,Polls,Ashe Schow,Economy

Despite continued claims from the Obama administration and its supporters that the economy is improving, 57 percent of people around the world think that it's a bad time to find a job in their local communities, according to a new poll from Gallup. If you're not shaken by that percentage, try this: That number is unchanged from 2011. Just 33 percent of adults worldwide think that it's a good time to find a job. In 2009, when the recession was just ending, a quarter of people worldwide thought that it was a good time to find a job. So in four years, just 8 percent more people think their job prospects are improving.

North and South America are the most optimistic about job prospects, with 40 percent thinking now is a good time to find a job versus 54 percent who think it's a bad time. Europe is the least optimistic about job prospects, with a whopping 75 percent of residents feeling it's a bad time to find a job, versus just 17 percent who think it's a good time.

Europe has been trapped in the worst post-recession recovery in its history, and although it has undergone "austerity" (in reality, increased spending and increased taxes) measures to recover, it is still struggling.

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