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Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

(www.wsj.com)
191 points impish9208 | 1 comments | 02 Sep 25 15:07 UTC | HN request time: 0.267s | source
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nonethewiser ◴[02 Sep 25 15:34 UTC] No.45104441[source]▶
The poll is more interesting than the article: https://prod-i.a.dj.com/public/resources/documents/WSJNORCJu...

37% of people in the survey are unemployed. That is very high. Not at all representative of the general population (4 to 5%).

69% live in a home they or someone in their household owns.

That sounds a lot like young adults yet to get off their feet.

More interesting things:

- opinion on economy and own financial health has improved over the past 3 years

- the opinion on the American dream is actually quite stable over the past several years. There is a slight negative trend. You could write the same article 3 years ago.

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1. dfxm12 ◴[02 Sep 25 16:22 UTC] No.45105186[source]▶
It is important to note that retired people are not employed. 31% of respondents were 60+ years old. Some chunk of the 18-29 year olds were likely full time students. There are also other people who can't or don't need to work.

4-5% unemployment rate captures something different from "do you have a job right now, yes/no?". There are also different "unemployment rates" that mean different things.

FWIW, adults might live in homes owned by their spouse or child. It doesn't necessarily point to children living their parent's home.