in his new book, why we work, college professor barry schwartz breaks down why so many of us are unhappy in our jobs and how to change that. thank you for being here. i think it was shocking showed 90% of americans either not engaged or actively disengaged when it comes to work. >> 90% of employees in the world. it's slightly better in the u.s. >> why do we hate our jobs so much? >> because nobody has tried to make jobs that are worth liking. there's an assumption that has guided the development of the private sector for centuries that the only reason anybody works to get paid, and as long as you're getting paid, it doesn't matter what you do. >> what do people want more of at work? >> several things. first of all, they want to do work they think the meaningful. the work that has some positive effect on other people. they want work where they have some control, discretion, and autonomy. by the people they work with and the people who supervise them. they want work to have an opportunity to learn, develop, and grow. they also want a paycheck, of course they do, but a paycheck is not a sub

barry schwartz, the author of "why we work."he next hour, we are joined by bill gross of janus capital. this is bloomberg "surveillance." ♪ tom: good morning. bloomberg "surveillance." are on bloomberg television, and bloomberg radio. i see deterioration in the lower yields this morning. that means we need to go to the first word breaking news desk. what a week. tom.od morning, it is shaping up to be a tough open for the u.s. stocks. many european markets are down 2% led by our kids in france and germany. that is hitting u.s. futures. to 1965, 10 yield at 2.61%. watch the 200 day moving average around 2.12%. -- he economic front, using trailed estimates. texas instruments boosted dividends by 12%. they are buying back 7.5 billion in stocks. key upgrades and downgrades. rays to overweight in jp morgan with a price target of 83. goldman sachs outperformed raymond james in a race to buy with a price target of 140. over at ubs.l from the breaking news desk, bill maloney. through the day, you can check live breaking news on the bloom

here to share his findings is the author, barry schwartz. >> great to be with you. >> great to have youan relate to. even folks who have a steady job or a decent income are often disengaged, to use the word from the gallup survey. >> yes. >> talk about what that entails. then a while get to some of what you find in the search for meaning. >> sure. so we have assumed as a society for 200 years that the only reason anyone ever works is for pay. and as long as they're paid, it doesn't much matter what they do. you can make the work as demeaning and boring, monotonous, whatever it is, as you want. if the paycheck is there at the end of the week, they're okay. this turns out to be false. it was never true. it's not true now. some of us think, there's us, people like you and me, who care about other things, then there's everybody else and all everybody else cares about is a paycheck. the point of my book is to show that's simply not true. >> what about people who work in large organizations, particularly when you have retail or something, where there's a format and it's hard to break out of t