But the same study also reveals that job satisfaction rose during the yearlong recession of 2008. Nearly 38% of respondents said they were "very satisfied" with their jobs, compared with 28% in 2007. The findings were part of an annual December survey by Yahoo! HotJobs.
Despite the anxiety felt by a third of the workforce (34%), the results suggest that more workers are looking on the bright side of being employed.
Love the Job You Have?
"It's definitely the recession causing this," says Laurence Shatkin, author of 150 Best Recession-Proof Jobs. "People realize that their jobs aren't that bad after all when they consider the alternatives, which aren't very promising right now."
Liz Bywater, executive coach and president of Bywater Consulting Group, agrees. "For many people, the deepening recession and ever-present threat of losing their jobs means modified expectations and requirements for job satisfaction," she says "Most people are just glad to have a job."
Ways to Combat Job-Loss Anxiety
For those who are anxious about a possible job loss this year, experts recommend the following six tips, which could also help improve job satisfaction:
Go the extra mile. Do what you can to increase your value to your organization. "Make sure your boss knows what you are contributing," says Bywater. "The key is to make it patently clear that your company simply can't afford to lose you."
Be prepared. Bywater says you should always be ready to look for a new job in case you lose your current position. Update your resume and keep your eyes open for new opportunities.
Nurture your networks. "We all have networks," says Jerry Pico, a career coach with People and Knowledge Works Consulting. "Go out of your way to help someone who requests your help -- even if you don't know them that well -- because you never know when you may need to request a favor, and it's easier to ask for help when you are willing to offer it.? Relationships and networks are like savings accounts -- you have to contribute to them in order to benefit from them."
Live within your means. "One of the greatest causes of anxiety is financial burdens, regardless of your income or employment situation," says Pico. "Establishing and living within a budget will allow you to sustain a comfortable life free of worry."
Take a deep breath. "Find simple ways to manage your anxiety so that it doesn't hinder your performance on the job," says Bywater. Her suggestions: discuss your feelings with a trusted friend, eat well and exercise, listen to music or read for pleasure, and spend time with people who make you smile.
Maintain perspective. If losing your job appears likely, career coach Hallie Crawford advises checking your attitude. "You can see being laid off as the worst thing that's ever happened, or an opportunity to find something new that's a great or better fit for you. You can't control what happens to you, but you can control your reaction to what happens. Be proactive and maintain a positive attitude."
Shatkin adds, "Remember that people are always being hired, even in a recession."