NEW YORK (CNNMoney.com) -- Fewer than half of U.S. workers are satisfied with their jobs, the lowest level since record-keeping began 22 years ago, said a report released Tuesday.
The Conference Board's survey polled 5,000 households, and found that only 45% were satisfied in their jobs. That's down from 61.1% in 1987, the first year the survey was conducted.
Even though one in 10 Americans is out of a job, those who are employed are increasingly dissatisfied.
"Through both economic boom and bust during the past two decades, our job satisfaction numbers have shown a consistent downward trend," said Lynn Franco, director of the Consumer Research Center of The Conference Board, in a prepared statement.
"[That] could spell trouble for the overall engagement of U.S. employees and ultimately employee productivity," she added.
The report notes that job satisfaction has steadily declined over the years despite big improvements in the work environment, such as a reduction of workplace hazards and an increase in vacation days.
The drop in satisfaction over the past 22 years spans various aspects of employee life, including interest in work (down 18.9 percentage points) and job security (down 17.5 percentage points).
And employee satisfaction dipped across the board; workers in every age group and income levels showed a drop, but workers younger than 25 were the most unhappy in their jobs.
Investors are starting to negotiate a lot harder on those lofty hedge fund fees. More
Unilever sued Hampton Creek over its egg-free mayonnaise spread Just Mayo. But the company behind Best Foods and Hellman's mayonnaise has now dropped the lawsuit. More
Retired union workers could see their pensions cut under a controversial new law, but many say they're not sure how they'll make ends meet if big cuts go through. More