Most Americans Think the Job Market Will Get Worse

Wall Street Journal: “The unemployment rate is low. The stock market is high. Consumer spending is healthy. But ask Americans how they feel about the economy, and they sound like there’s a recession going on.”

“That matters first because when people’s perceptions of the economy sour, their behavior can change and slow the economy. And second, because sometimes they are seeing real problems that have yet to show up in the hard data.”