A survey conducted by the John J. Heldrich Center for Workforce Development at Rutgers University found that 57 percent of the public is under the impression that the economy is a lot worse than it is.
For instance, the unemployment rate stands at 4.9 percent, but almost 30 percent of those surveyed believe the actual unemployment rate is north of 9 percent. This is one example that shows the general public has “extremely little factual knowledge” about the job market and labor force.