CNBC: Job Worries? Here’s How China Stacks Up Against The U.S. And Other Countries

• In China, 32% of respondents said they were concerned about the impact of inflation on their job security, as did 30% of respondents in Brazil, an Oliver Wyman survey found.
• That’s far higher than the share of respondents in the U.S. and U.K. saying they were worried about their jobs, the report said.
• However, in terms of the economic outlook, U.K. respondents were the most pessimistic, with 75% expecting conditions to worsen, the report said, while Chinese and Brazilian respondents were most optimistic.

More people in China and Brazil are worried about their jobs than in the U.S. and U.K., according to a survey by consulting firm Oliver Wyman released this month.

In China, 32% of respondents said they were concerned about the impact of inflation on their job security, as did 30% of respondents in Brazil, the report said.

But in the U.S. and U.K., that figure was just 13%, the survey found.

The Oliver Wyman study focused on consumers’ views about the impact of inflation. But Hong Kong-based partner Ben Simpfendorfer noted that each country faces unique situations in addition to inflation that likely affected survey results.

Read the full article on: CNBC.com