Consumer Comeback Blog

Poll: Job Creation Dominates Among Global Concerns

Even as the economy shows signs of recovery, employment worries continue to weigh heavily on the public conscience – among American voters and job-seekers around the world, two Gallup polls indicate.

Job creation continues to be a priority among American voters’ choice in presidential candidate. Between the dates of July 19 and 22, Gallup polled 1,030 adults, aged 18 and older, living in all 50 U.S. states and the District of Columbia, and asked them to rate12 issues in the upcoming presidential campaign according to priority.

Creating good jobs were the top concern among voters polled, followed by reducing corruption in the federal government, dealing with terrorism, and ensuring long-term stability of Social Security and Medicare.

When divided by political affiliation, election priorities diverge. Obama supporters value healthcare (50%) the most, followed by creating jobs (48%), Social Security/Medicare (48%), public schools (48%) and government corruption. Conversely, Romney supporters place the highest emphasis on the federal budget deficit (51%), creating jobs (48%), tackling government corruption (45%), terrorism (45%), and moral standards (39%).

In a separate Gallup poll, 57% of the people worldwide expressed pessimism about the global employment opportunities. Gallup polled 1,000 adults per country in 146 countries and areas in 2011. Europeans had the least confidence in job prospects, with 72% saying it was a bad time to look for jobs, followed by the Middle East/North Africa, Former Soviet Union. The majority of people polled in the Americas, Sub-Saharan Africa and Asia admitted the job market was sluggish, but these three groups showed the most amount of optimism.

Optimism was common among oil-rich Middle Eastern nations, with 69% Saudi Arabia and Oman residents reporting high hopes for jobs, despite relatively high unemployment rates. “With global demand for oil continuing to increase, the fossil fuel-based economies in these countries, as well as in Qatar and Kuwait, have continued to shelter their residents from the recessionary pressures felt in other countries,” Gallup reported.

Negative job prospects dominated in European Union countries, as Greeks and Irish nearly unanimously have disparaging views on the job outlook.

“These perceptions are likely to persist in 2012 as Europe continues to deleverage its debts. In addition, the London Interbank Offered Rate (Libor) scandal — caused by fraudulent manipulations of the interest rates submitted by London-based banks to determine interbank borrowing costs — will likely affect economic stability and confidence in European financial markets,” Gallup surmised.

Follow Elise Rambaud Marrion on Twitter @emarrion_cmn.

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