Low Unemployment, but Job Worries Persist

“Americans have conflicting views of the job market: They are more worried about unemployment rising nationwide, even as they are more confident that they could find another job if they lost their own,” Axios reports.

“The perceived probability that unemployment will rise over the next year climbed to 45.3% in October, the highest since April 2020, according to the New York Fed’s Survey of Consumer Expectations — an increase driven by those without a college degree.”

“The perceived probability of finding another job if one lost their current position rose to 46.5%, the highest in about a year.”