Fort Worth, Texas — Aug. 2

A growing number of middle-class Americans are unhappy in their work and looking to make a change, according to the First Command Financial Behaviors Index.

Recent findings of the monthly survey reveal that 24 percent of respondents are dissatisfied with their job, up from 21 percent last year and 11 percent in 2009. This groundswell of unhappiness is also reflected in the rising number of people looking for new employment. Two out of five workers (39 percent) report they are job hunting, up dramatically from 29 percent a year ago.

“This rising discontent in the middle-class workforce is clearly being fueled by the continuing economic turmoil,” said Scott Spiker, CEO of First Command Financial Services Inc. “Americans were significantly more satisfied with their jobs in 2009, when many people believed that the recession would soon come to a close. The persistent economic downturn has taken a toll on middle-class Americans, with many people feeling that they are being asked to work more and are making less. So it makes sense that consumers are starting to look for more appealing alternatives to their current circumstances.”

Sixty percent of survey respondents say they have experienced at least one change in their employment situation due to the economy, up from 56 percent last year. Notably, the top three changes all involve pay. They are:

• Elimination of bonuses (20 percent).

• Elimination of overtime (14 percent).

• Decrease in pay (14 percent).

At the same time, middle-class employees say they are doing more to earn their pay. Fifty-six percent of respondents report that they have made at least one change in their behavior at work as a result of the economy, up from 47 percent last year. Americans say they are:

• Working extra hours (19 percent).

• Trying to keep busy with work (17 percent).

• Finding ways to trim costs or develop better operational procedures (15 percent).

• Learning new skills (15 percent).

Middle-class workers are surprisingly optimistic about their job prospects. Despite a relatively high unemployment rate, about one third of consumers who are currently employed but looking for a new position believe there are significant opportunities in today’s market. And 17 percent of employed job seekers believe significant opportunities will emerge over the next 12 months.