The findings come from greetz.co.uk an online greetings card provider. It wanted to find out the mood of the nation during the slowdown. The report shows a third (34%) of the workforce are worried about their jobs.
60% of employees said the emotions they experience most often in relation to their jobs are "frustration", "resentment" or "anxiety", while only 11% were "enthusiastic" about their job and a mere 3% "excited" about going to work.
Commenting on the findings Tom Redman, professor of HR management and director of research at Durham Business School, said: "The economic climate does not directly affect engagement but there are other causes that can. The climate might lead to redundancies in a business or a decline in training and resources - it is these things that will have an impact on employees' engagement."
Steve Huxham, chairman of The Recruitment Society, said: "I'm not at all surprised by these findings. They show that employers should be working all the harder during the slowdown to keep staff happy. A lot of employees might have wanted to change jobs, but hesitated because of the credit crunch, so this is employers' perfect chance to invest in staff development to re-engage their teams."