National Catholic Reporter

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Fears continue about possible job losses, economy

 |  NCR Today

Not surprising, according to a new according to a new Washington Post-ABC News poll, "nearly six in 10 Americans are now concerned about job or pay losses in the coming months, little changed since February, and there has been no increase in the percentage who see the federal government's stimulus efforts as having an impact, even as the pace of layoffs has eased in recent months. And there is lukewarm public confidence that the government is enacting measures to stave off another financial crisis."

Pain induced by the economy has hurt everybody. The poll found: "Concern about the impact of recession crosses party lines. More than six in 10 Democrats, Republicans and independents say they have been hurt by the recession. Higher- and lower-income households alike reported significant levels of economic pain."

Further, lower earners felt more pain than the high salaried folks: "Lower-income respondents have felt the brunt of the economic contraction more directly, with more than a third of those with annual household incomes under $50,000 reporting a job loss at home, compared with about two in 10 of those with higher incomes."

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