Anabelle Colaco
28 Mar 2026, 15:55 GMT+10
WASHINGTON, D.C.: A growing share of Americans believe it is a bad time to look for a new job, highlighting a disconnect between low unemployment and weakening hiring conditions.
A quarterly Gallup survey conducted in late 2025 found that just 28 percent of workers say now is a "good time" to find a quality job, while 72 percent say it is a bad time. That marks a sharp reversal from mid-2022, when 70 percent of workers viewed the job market positively.
The shift has been rapid. As recently as late 2024, nearly half of workers still felt optimistic about job prospects. The latest survey was conducted before the Iran war, which has since added further economic uncertainty by driving up fuel costs.
The findings help explain why broader sentiment about the economy remains subdued, even as headline indicators such as low unemployment suggest resilience.
Pessimism is particularly pronounced among college-educated workers. Just 19 percent of those with a degree say it is a good time to find a job, compared with 35 percent of workers without a college degree.
A separate Gallup survey of U.S. adults found that optimism among college graduates is at its lowest level since 2013. The gap in sentiment between those with and without a degree is also the widest since Gallup began tracking the measure in 2001.
Younger workers are especially downbeat. Only about 2 in 10 workers aged 18 to 34 say it is a good time to find a job, compared with roughly 4 in 10 among those aged 65 and older.
Economists describe the current environment as a "low-hire, low-fire" job market. Layoffs remain limited, and many older workers feel secure in their positions, but hiring activity has slowed significantly, making it harder for younger workers and job seekers to find opportunities.
The survey also found that younger workers are more actively searching for jobs or keeping an eye out for new opportunities, while most older workers are not looking.
Government data supports the view that the hiring environment is sluggish. The Labor Department's hiring rate fell to 3.2 percent in November, the lowest level since March 2013. Before the pandemic, the rate stood at 3.9 percent.
At the same time, there are now more unemployed people — about 7.4 million — than available job openings, which total around 6.9 million. This marks a reversal from the period following the pandemic, when job vacancies outnumbered job seekers.
Gallup also found that workers' overall assessment of their lives and prospects has weakened, reaching its lowest level since 2009.
Other measures reflect similar concerns. The Conference Board's consumer confidence index stood at 91.2 in February, well below pre-pandemic levels of nearly 130.
While more people still say jobs are "easy to get" than "hard to find," that gap has narrowed steadily in recent years.
Taken together, the data suggests that despite a relatively stable labour market, Americans are increasingly wary about their job prospects as hiring slows and economic uncertainty grows.
Get a daily dose of Dallas Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Dallas Sun.
More InformationBEIJING, China: China is moving to strengthen support for its aging population by rolling out a nationwide long-term care insurance...
LOS ANGELES, California: In a US$6 million verdict that will serve as a bellwether for numerous similar cases, Meta and Alphabet's...
PARIS, France: The Paris offices of Swiss bank Edmond de Rothschild were searched late last week as part of an inquiry into alleged...
LONDON, U.K.: The Church of England got its first female spiritual leader of 85 million Anglicans worldwide when Sarah Mullally was...
NEW DELHI, India: U.S. President Donald Trump called Indian Prime Minister Narendra Modi during the week and discussed the situation...
SANTA FE, New Mexico: A New Mexico jury has ordered Meta Platforms to pay US$375 million in civil penalties after finding the company...
ZAGREB, Croatia: Uber Technologies has teamed up with Pony.ai and Croatian startup Verne to launch what the companies say will be Europe's...
PARIS/STOCKHOLM: Surging petrol prices linked to the war in Iran are accelerating demand for used electric vehicles across Europe,...
WASHINGTON, D.C.: A growing share of Americans believe it is a bad time to look for a new job, highlighting a disconnect between low...
NEW DELHI, India: Beer makers in India are warning of potential supply shortages and price increases as the war in Iran disrupts gas...
NEW YORK, New York - U.S. stocks continued their pathway to an official correction Friday with all the major indices selling off. Oil...
SEOUL/YOKOHAMA: The war in the Middle East is disrupting Asia's used-car trade, leaving shipments stranded, delaying deliveries, and...
