Almost 1 in 3 Americans worry about job security this Labor Day, the personal-finance website WalletHub found in its Labor Day Survey. This nationally representative survey examines Americans’ Labor Day plans and how people have been impacted by the COVID-19 pandemic.
In light of the financial struggles faced by workers across the U.S. and in recognition of Labor Day, WalletHub conducted a nationally representative survey, which found that nearly 1 in 3 Americans worry about job security. In addition to exploring how the COVID-19 pandemic has changed Americans’ finances, WalletHub’s survey also took stock of people’s plans for Labor Day.
Here are some key findings:
- Labor Day travel is up. 48% more people will travel this Labor Day than last year.
- Consumers plan to shop more. 24% more people plan on going shopping this Labor Day than last year.
- Mixed feelings on unemployment benefits. 38% of people do not think that Congress should continue to give extra unemployment benefits.
- Americans fear new variants. 81% of Americans think that new COVID variants will have a negative impact on the economy.
- Many people support restrictions based on vaccination status. Half of Americans think it’s good for the economy to restrict indoor venues to people who are vaccinated only.