Only 52% of Americans Are Satisfied With How Much Money They Make

Only 52% of Americans Are Satisfied With How Much Money They Make
Jimbo,
A Dragonfly Is Seen On A Wall Street Sign In New York
A dragonfly is seen on a Wall Street sign in New York September 18, 2008. Morgan Stanley topped the list of major financial firms scrambling to find a buyer, while central banks rushed in $180 billion of extra liquidity to calm panicked stock and money markets. REUTERS/Eric Thayer (UNITED STATES)

A new survey from the New York Federal Reserve Bank paints a pretty rough picture of the workforce right now.

 

In the 12-year history of the survey, Americans have never been so unsatisfied with their pay.  Only 52% of people are happy with how much money they make.

 

And the confidence workers have in getting a promotion has also dropped to record lows.

 

Normally, people would just leave for a better job.  But that’s getting harder to do.  The job market is not great, so a lot of employees feel stuck where they are.

 

But, ironically enough, workers are still expecting higher pay.  The minimum salary someone would accept for a new job just hit a record high.

(Axios)

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