Employees’ confidence in their own employers just hit a 10-year low

Employee confidence has hit a 10-year low. According to a new report for September from the Glassdoor Employee Confidence Index, just 42.9% of employees surveyed had a positive six-month outlook for their employer’s business, down from 44.5% last month. The data comes from a Glassdoor survey question that asks employees to rate their company’s six-month business outlook as “positive,” “neutral,” or “negative.” Words of the moment: ‘recession,’ ‘layoffs,’ ‘AI’ “Over the last year, employee confidence has continued to grind lower as anxiety around job security, economic uncertainty, and inflation mount,” the report states. It goes on to say that mentions of “recession” in Glassdoor reviews rose 6% year over year, while mentions of “layoffs” rose by 13%, “inflation” by 22%, “uncertainty” by 84% and “AI” by 164%, all of which “point to a rising tide of anxiety among workers.” Other recent studies, including from Gallup and the American Psychological Association, have similarly found that artificial intelligence is driving American workers’ fears about job security. Which workers are feeling worst? Out of 24 industries that the Glassdoor report compared, the sharpest losses in confiden…