THE INDEPENDENT AND NON-PARTISAN SURVEY OF PUBLIC OPINION ESTABLISHED IN 1947 AS
THE CALIFORNIA POLL
Field Research Corporation
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THE FIELD POLL
Thursday, June 26, 2014 FOR THE FIRST TIME SINCE 2007 MORE CALIFORNIA VOTERS SAY THEY ARE FINANCIALLY BETTER OFF THAN THEY WERE DURING THE PRIOR YEAR. YET, MORE STILL DESCRIBE THE STATE AS BEING IN ECONOMIC BAD TIMES THAN GOOD TIMES.
IMPORTANT: Contract for this service is subject to revocation if publication or broadcast takes place before release date or if contents are divulged to persons outside of subscriber staff prior to release time. (ISSN 0195-4520) By Mark DiCamillo and Mervin Field According to
The Field Poll’s
annual assessment of the economic well-being of Californians, 44% of registered voters now report that they are financially better off than they were last year, while 28% are worse off. Another 28% say there has been no change. This is the first time in seven years that more California voters have reported being financially better off than worse off compared to the prior year. Nevertheless, when asked to describe the overall California economy, more than twice as many still describe the state as being in economic bad times (53%) as good times (25%). Contributing to this assessment are voter concerns about the availability of jobs. Nearly two in three (64%) believe jobs are difficult to find in their area, while just 21% feel they are plentiful. In addition, 52% describe unemployment in California as very serious. These findings come from the latest statewide
completed last week.
Improvement in Californians’ self
-reported financial well-being
More Californians now say they are financially better off this year compared to last (44%) as report being worse off (28%). Another 28% say there has been no change. This is a much more positive assessment of personal financial well-being than each of six prior
conducted since 2007, when many more described themselves as financially worse off than better off during the prior year. However, improvements in financial well-being vary considerably by household income. Voters with higher incomes are far more likely than those with lower incomes to report improvement. For example, among voters with annual household incomes of $80,000 or more, nearly three times as many report they are financially better off than they were during the prior year (58%) as say they are worse off (22%). By contrast, voters with annual household incomes of less than $40,000 are more likely to report being financially worse off this year (37%) than better off (30%).