Tighter credit conditions, falling house prices and the rising cost of living are causing workers in the US to worry about their job security, a new report shows.

According to a survey released by Rutgers University, 32 per cent of employees are "very concerned" about the possibility of redundancy, while 43 per cent are "somewhat concerned", the Gannett News Service reports.

If their fears were to become a reality they could struggle with debt, as one third said it is often the case that they do not have enough money to make ends meet.

"There's a lot of bad news out there and the workplace is just one of the weak spots," said Carl Van Horn, co-author of the report.

Those struggling to meet daily living costs may consider a pay day loan to help with bills and other essential expenses in the short term.

A poll conducted by CNN has revealed that 47 per cent of US citizens feel worse off now than they did at the end of the last recession in 2001.

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