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New York Fed Survey: Record High Percentage of U.S. Respondents Expecting to Lose Their Jobs in the Next Four Months

New York Fed Survey: Record High Percentage of U.S. Respondents Expecting to Lose Their Jobs in the Next Four Months

Bitget2024/08/19 22:15

The U.S. New York Fed's survey of consumer expectations shows that the percentage of respondents who think they may lose their jobs in the next four months is at a record high since the survey was launched in 2014. The share of respondents expecting to receive an offer of employment in the next few months also increased compared with a year ago. Overall, the New York Fed survey shows that labor market turnover is on the rise, and workers are increasingly dissatisfied with their wages and benefits and are maintaining higher levels of pay expectations.

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