WHAT THE DATA SAY: Half of employees stressing over giving coworkers holiday gifts

By: Ray Day

CONTACT:

Ray Day
ray.day@stagwellglobal.com 

We wanted to share our latest consumer and business insights, based on research from Stagwell. Among the highlights of our weekly consumer sentiment tracking:

AMERICANS’ MOOD IMPROVES

Americans are more optimistic about the country and economy than previous months, yet inflation remains a top issue, according to our December Harvard CAPS/Harris Poll.

• 39% say the country is on the right track – up 4 points from November.
• 36% say the economy is on the right track – up 3 points from November.
• 1 in 3 say their financial situation is improving – up slightly.
• Inflation (36%) and the economy and jobs (29%) remain the top issues.
• 46% say they were personally affected by the government shutdown.
• 48% say 2020 – before the pandemic – was the last time the economy was “good.”
• See also: 57% say Trump is losing battle against inflation

GIFT-GIVING STRESS

The holiday season means more stress for employees who feel pressure to give gifts, based on our Harris Poll survey with Express Employment Professionals.

• 94% of U.S. hiring managers say their company hosts celebrations, most commonly for holidays (61%), birthdays (51%) and work anniversaries (50%).
• 64% say employees regularly exchange gifts.
• While 87% of employees say their company hosts celebrations where gift exchanges are common, half feel pressured to give gifts to coworkers.
• 46% feel pressured to spend a specific amount on gifts.
• Gen Z and Millennials are significantly more likely than Gen X to feel this pressure, such as giving gifts to managers (33% of Gen Z and 29% of Millennials say it’s a stressor versus 10% of Gen X).
• 62% say gift-giving fosters a sense of obligation that can negatively affect team dynamics.

CEOS BULLISH ON AI

Business leaders admit that AI will affect some jobs, yet say the overall effect of this technology will be positive to society, according to new National Research Group research presented at the Wall Street Journal’s 2025 CEO Council Summit.

• 68% of CEOs say AI will weaken the U.S. job market, yet agree it will strengthen productivity and output, the U.S. and global economies and U.S. global competitiveness.
• 78% are bullish on AI’s impact on workplace efficiency and innovation.
• 85% see AI as entering a healthy growth phase rather than a bubble.
• Looking at 2026, CEOs are most concerned about inflation (77.5% say it’s a negative), tariffs (70.6% negative) and U.S.-China relations (68.6% negative).

RETIREMENT WORRYING GEN X

Late preparation has left Gen X uncertain of retirement realities, according to our Harris Poll report with Nationwide.

• 61% of Gen Xers didn’t view retirement as a priority until age 50 or later (26% say age 60 or later).
• 89% believe cost of living is making it harder to retire comfortably.
• To prepare, Gen X has cut discretionary spending (40%), increased contributions to retirement accounts (34%), sought out professional financial advice (23%) and shifted their investment strategy to reduce risk (19%).
• Despite these measures, 25% are concerned their savings won’t last more than 14 years.
• 16% are planning to retire later than initially hoped.
• 15% don’t know if they’ll ever be able to retire.
• 39% of financial advisors say insufficient retirement income is one of the biggest obstacles for Gen X retirement readiness.

ENTREPRENEURIAL BACK-UP PLAN

83% of Americans view owning a business as a viable alternative to traditional jobs, according to our Harris Poll research with Entrepreneur’s Source.

• 70% of Americans believe business ownership offers greater opportunities than traditional jobs in today’s economy.
• 61% say business ownership is the key to thriving in an AI-driven world.
• 69% say business ownership is the best protection against ageism (highest amongst Millennials at 76%).
• 83% of parents say funding a child’s business is a good investment in their long-term financial security.
• 64% even consider financially supporting their child’s business a smarter investment than paying college tuition.

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