Working Hours Fall, Public Fears on Economy Rise
By Scott Bittle on April 18, 2008
Americans are working fewer hours, with the average workweek slipping slightly last month, according to The New York Times. That indicates fewer people are working overtime or more people are working part-time, both possible signs of a recession.
Fully nine in 10 Americans give the economy a negative rating in an ABC/Washington Post survey released today, with half rating the economy "poor." The "poor" rating has increased 13 points in just two months. A Gallup poll released earlier this month also found the public in a pessimistic mood, with more than half (55 percent) saying the economy won't recover for two or more years.
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