#unemployment-expectations

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US news
fromFortune
4 days ago

Wealthier Americans are more worried about rising unemployment than any other income group, NY Fed finds, as fear of 'white-collar recession' grows | Fortune

Wealthier, more-educated Americans expect higher unemployment over the next year more than lower-income or less-numerate counterparts.
fromFast Company
6 days ago

This figure paints a stark picture on why workers are job hugging

Confidence in finding a new job is at an all-time low among workers, while job hugging-the trend where "workers hold onto their jobs for dear life"-is at an all-time high, according to a new survey from the Federal Reserve Bank of New York released on Monday. The New York Fed's Survey of Consumer Expectations for August found respondents believed they had only a 44.9% of finding another job after losing their current one-the lowest in the survey's history since June 2013. That's 5.8% lower than in July, the previous month.
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