This holiday season, Americans are wishing for a better employment picture for the United States, according to the latest quarterly pulse survey from Charles Schwab and Co., Inc. Nearly half (46 percent) of Americans wish to unwrap a lower unemployment rate for the country this holiday season, followed by a substantial decrease in the national debt (26 percent) and a better housing market (12 percent). Though a financial resolution in Europe remains unclear, only four percent of respondents want to unwrap a solution to the European debt crisis, showing that Americans’ focus is primarily on economic issues at home.
- When looking back on the past year, 36 percent of those surveyed say their employment status or that of a family member had the greatest impact on their financial decision making, and 50 percent of those ages 18 to 34 feel that way. One in five (20 percent) Americans say that the presidential election had the greatest effect on their financial decisions. Another 12 percent of people say the real estate and housing market had the greatest influence on their financial decisions in 2012.
- According to the survey, the most uncomfortable topic for Americans to discuss with their family members this season at the holiday dinner table would be the cost of healthcare expenses for aging family members (28 percent), followed by the amount of money spent on holiday gifts (14 percent) and saving or paying for college (13 percent).