Americans feel pessimistic due to inflation, while companies can help by offering job flexibility, considering geographic mismatches, and providing support for mental health challenges.Â
The American Opportunity Survey shows that Americans are feeling more pessimistic about their economic opportunities and the future. Inflation is outpacing wage growth, leading to affordability issues, particularly with food and gas prices. Women are feeling more pessimistic than men, and many are cutting back on spending. The survey also reveals a lack of economic wiggle room, with only half of the respondents being able to cover more than two months of expenses if they lost their jobs. Companies and leaders can address these issues by offering more flexibility in jobs, considering geographic mismatches, and providing support for mental health challenges.Â
Source: https://www.mckinsey.com/~/media/mckinsey/email/rethink/2022/10/2022-10-12c.htmlÂ
