A new report from MissionSquare Research Institution found that 84% of public service employees say they are anxious about the impact of economic conditions and market volatility on their financial security. The survey also found that these concerns are having an effect on retirement savings.
MissionSquare is hosting a webinar on Oct. 31 to review the findings of the survey and provide insights into overall public sector financial wellness and the state of the public workforce in general.
The report draws on data from a September survey of more than 1,000 public sector workers. The survey of state and local government workers, conducted in collaboration with Greenwald Research, found that the current state of economic conditions in the U.S. was causing anxiety over a range of economic concerns. Officials noted that such public workers are essential for government services, and financial concerns could affect recruitment and retention of workers.
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