Featured Research

from universities, journals, and other organizations

U. S. Workers still feeling negative effects of recession

Date:
September 16, 2013
Source:
Florida State University
Summary:
The U.S. recession that began in December 2007 may have officially ended in June 2009, but in terms of job status, pay and retirement options, American workers are feeling its lingering negative impact, according to a new study.

The U.S. recession that began in December 2007 may have officially ended in June 2009, but in terms of job status, pay and retirement options, American workers are feeling its lingering negative impact, according to a new study by Florida State University Professor Wayne Hochwarter.

Hochwarter, the Jim Moran Professor of Business Administration in Florida State's College of Business, found that the effects of the recession remain a "distraction at work" for about 40 percent of workers.

Recession-related stress is still contributing to the workers' dissatisfaction and frustration with work, feelings of isolation, pessimism about the future of their companies, career disappointment, job anxiety and burnout, and perceptions that co-workers are overly political and self-serving, according to a national survey of more than 600 blue- and white-collar workers this past spring.

"I view the recession as a traffic accident," said a plant manager who responded to the survey. "The crash may be over, but the car will never be the same even after we did our best to fix it."

Another respondent, an administrative assistant, who lost her job during the recession and was forced to re-locate, said she has "frequent nightmares about that time in my life."

Of the survey respondents in Hochwarter's study:

•44 percent said "they still must work harder as a result of the recession in their organization." •49 percent reported "they still must do more with less due to the recession." •34 percent indicated that "management still cuts them less slack when compared to pre-recession levels." •30 percent said their "job security remains lower than its pre-recession level." •46 percent indicated that "management is stingier than before the start of the recession."

In terms of managing persistent levels of recession stress, Hochwarter encourages managers to be both proactive and flexible.

An industrial salesperson said, "Management just doesn't see how bad it is because it really isn't all that bad for them. But it is for the rest of us."


Story Source:

The above story is based on materials provided by Florida State University. Note: Materials may be edited for content and length.


Cite This Page:

Florida State University. "U. S. Workers still feeling negative effects of recession." ScienceDaily. ScienceDaily, 16 September 2013. <www.sciencedaily.com/releases/2013/09/130916140421.htm>.
Florida State University. (2013, September 16). U. S. Workers still feeling negative effects of recession. ScienceDaily. Retrieved July 22, 2014 from www.sciencedaily.com/releases/2013/09/130916140421.htm
Florida State University. "U. S. Workers still feeling negative effects of recession." ScienceDaily. www.sciencedaily.com/releases/2013/09/130916140421.htm (accessed July 22, 2014).

Share This




More Science & Society News

Tuesday, July 22, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

What Self-Made Women Need to Know Financially Before Getting Hitched

What Self-Made Women Need to Know Financially Before Getting Hitched

TheStreet (July 21, 2014) Halle Berry was recently ordered to pay her ex-boyfriend Gabriel Aubry $16,000 a month in child support by a California judge for their daughter Nahla. As women make strides in the workforce, they are increasingly left holding the bag when relationships end regardless of marital status. 'What Monied Women Need to Know Before Getting Married or Cohabitating' discusses information such as debt incurred during the marriage is both spouse's responsibility at divorce, whether after ten years of marriage spouses are entitled to half of everything and why property acquired within the marriage is fair game without a pre-nup. Video provided by TheStreet
Powered by NewsLook.com
$23.6 Billion Awarded To Widow In Smoking Lawsuit

$23.6 Billion Awarded To Widow In Smoking Lawsuit

Newsy (July 20, 2014) Cynthia Robinson claims R.J. Reynolds Tobacco Company hid the health and addiction risks of its products, leading to the death of her husband in 1996. Video provided by Newsy
Powered by NewsLook.com
Clock Ticks Down on Internet Speed Debate

Clock Ticks Down on Internet Speed Debate

Reuters - US Online Video (July 18, 2014) The FCC received more than 800,000 comments on whether and how internet speeds should be regulated, even crashing its system. Lily Jamali reports. Video provided by Reuters
Powered by NewsLook.com
Raw: Wildfire Tears Through Washington

Raw: Wildfire Tears Through Washington

AP (July 18, 2014) A large wildfire continued to gain steam through north-central Washington Friday. The blaze is already responsible for the destruction of at least 100 homes. (July 18) Video provided by AP
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:
from the past week

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins