The Sources of Worker Anxiety: Evidence from the Michigan Survey

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 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 than were black or Asian households.