Government Employees Remain Most Confident About Economy
From 2005 to early 2009, entrepreneurs were more confident about the economy than government employees, private sector employees, retirees and other Americans. However, since March of last year, government workers have been the most confident (or, perhaps, the least pessimistic).
In 2010, the average Consumer Index finding for those in government is 88.2, seven points higher than the confidence level among entrepreneurs.
This confirms a trend first noted a year ago in an article highlighting the gap between two economies—the public sector and the private sector.
In March 2009, confidence among all employee groups fell to the lowest levels ever recorded in the nine-year history of the Rasmussen Consumer Index. All employment categories showed at least a 25-point month-over-month drop across the board. At that time, economic sentiment dipped to a low of 63.0 for private company employees and a high of 73.4 for those in government. Entrepreneurs felt the impact of the declining economy most drastically with a 39-point drop to 68.8.
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