New York Fed Survey: The proportion of American respondents expected to be unemployed in the next four months is at a record high.

DailyNews

2024-08-19 20:33:11

Golden Finance reported that the New York Federal Reserve’s survey of consumer expectations showed that the proportion of respondents who believe they may be unemployed in the next four months has reached a record high since the launch of the survey in 2014. Compared to a year ago, the proportion of respondents expected to receive job offers in the next few months has also increased. Overall, the New York Fed survey shows that the attrition rate in the labor market is rising, and workers are becoming increasingly dissatisfied with their wages and benefits, while maintaining high salary expectations.

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