The Sources of Worker Anxiety: Evidence from the Michigan Survey

Board of Governors of the Federal Reserve System Finance and Econ. Disc. Series #97-48

Posted: 16 Dec 1997

See all articles by Maria Ward Otoo

Maria Ward Otoo

Board of Governors of the Federal Reserve System

Date Written: September 24, 1997

Abstract

This paper uses individual responses from the Michigan SRC survey of consumer attitudes to examine worker anxiety. It identifies "anxious" households (those that express some concern about the job security) and analyzes some factors that might be driving this angst. It found that a little more than a quarter of households revealed concerns about job security. Also, the results suggest that less educated households (those lacking a high school diploma) were significantly more likely to be concerned about job loss as were black or Asian households.

JEL Classification: J0, R2

Suggested Citation

Ward Otoo, Maria, The Sources of Worker Anxiety: Evidence from the Michigan Survey (September 24, 1997). Board of Governors of the Federal Reserve System Finance and Econ. Disc. Series #97-48, Available at SSRN: https://ssrn.com/abstract=44606

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