"The average perceived probability of finding a job if one's current role was lost fell to 43.1% in December 2025, a 4.2% drop from the year before, according to recent data from the Federal Reserve Bank of New York. It marks a record low since the surveys started tracking the data back in 2013, and the report notes that several demographics are driving rock-bottom employment expectations."
""Americans don't feel like the current job market is working for them," Daniel Zhao, chief economist at employment site Glassdoor, tells Fortune. "Workers on the lower end of the income spectrum or without a college degree are often more susceptible to the swings of the business cycle, so it's natural for them to be more concerned about signs of an economic slowdown.""
Average perceived probability of finding a job if one's current role was lost fell to 43.1% in December 2025, a 4.2% drop from a year earlier. That level is the lowest since surveys began in 2013. The steepest declines are concentrated among workers earning less than six figures, workers without college degrees, and Americans aged 60 and older. Perceived probability of losing one's job in the next year rose to 15.2%, up 1.4 percentage points from the previous year, while the expected quit rate over the next twelve months decreased to 17.5%. Workers across income and occupational levels report anxiety and reduced mobility.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]