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Unemployed Americans Are Happiest In 6 Months

Americans who are unemployed (or earn less than $50,000 per year) are the most upbeat in six months accoridng to Bloomberg Comfort survey data. Despite near-record layoffs, stagnant incomes, global instability, and domestic uncertainty, the jobless are happier and happier as full-time-workers lose faith.

 

 

While full-time workers are "happier" overall, for now, we can't help but wonder how welfare state America is enabling a vicious circle of lower and lower labor force particpation rates.

 

Charts: Bloomberg