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.

Related Articles


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 November 28, 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 November 28, 2014).

Share This


More From ScienceDaily



More Science & Society News

Friday, November 28, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Police Swoop on 80 Airports in Global Ticket Fraud Crackdown

Police Swoop on 80 Airports in Global Ticket Fraud Crackdown

AFP (Nov. 28, 2014) Police have arrested 118 people in an unprecedented globally-coordinated swoop on plane ticket credit card fraud, a billion-dollar organised crime industry, officials said Friday. Duration: 01:03 Video provided by AFP
Powered by NewsLook.com
Ebola Leaves Orphans Alone in Sierra Leone

Ebola Leaves Orphans Alone in Sierra Leone

AFP (Nov. 27, 2014) The Ebola epidemic sweeping Sierra Leone is having a profound effect on the country's children, many of whom have been left without any family members to support them. Duration: 01:02 Video provided by AFP
Powered by NewsLook.com
EU Pushes Google For Worldwide Right To Be Forgotten

EU Pushes Google For Worldwide Right To Be Forgotten

Newsy (Nov. 27, 2014) Privacy regulators recommend Google expand its requested removals to apply to all its web domains. Video provided by Newsy
Powered by NewsLook.com
Who Will Failed Nuclear Talks Hurt Most?

Who Will Failed Nuclear Talks Hurt Most?

Reuters - Business Video Online (Nov. 25, 2014) With no immediate prospect of sanctions relief for Iran, and no solid progress in negotiations with the West over the country's nuclear programme, Ciara Lee asks why talks have still not produced results and what a resolution would mean for both parties. Video provided by Reuters
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:

Strange & Offbeat Stories


Science & Society

Business & Industry

Education & Learning

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