Americans' confidence in finding a new job falls to record low

[C_Clayton_Jones]

“Job seekers' confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of New York's Survey of Consumer Expectations, the average "perceived probability" of finding a new job after losing one fell 5.8% points to 44.9% among heads of households surveyed in August, the lowest measure on record since 2013 when the New York Fed began collecting data.

At the same time, Americans are increasingly worried about losing their current job. Expectations that the U.S. unemployment rate will be higher a year from now crept up 1.7 percentage points to 39.1%, the New York Fed found.

The data comes as Americans adopt a dimmer view of the economy. According to a recent CBS News poll, a majority of respondents continue to say the economy is getting worse.

The labor market has been under a microscope since July employment data showed weaker-than-expected job growth and sharp downward revisions for the months of June and May. August's data, released Friday, pointed to a slump in U.S. hiring, with employers adding only 22,000 jobs. Unemployment also ticked up to 4.3%, the highest rate since October 2022.”

Americans' confidence in finding a new job falls to record low

Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.

www.cbsnews.com

“…a majority of respondents continue to say the economy is getting worse.”

Many of whom voted for Trump, now realizing their stupidity of having done so.

 

[Rambunctious]

Job increases are obscured by government job decreases...
Government is getting smaller and that's a good thing...

 

[Eman623]

If there is a more useless and insane statistic being tracked, I can't imagine what it might be.

 

[Woodznutz]

“Job seekers' confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of New York's Survey of Consumer Expectations, the average "perceived probability" of finding a new job after losing one fell 5.8% points to 44.9% among heads of households surveyed in August, the lowest measure on record since 2013 when the New York Fed began collecting data.

At the same time, Americans are increasingly worried about losing their current job. Expectations that the U.S. unemployment rate will be higher a year from now crept up 1.7 percentage points to 39.1%, the New York Fed found.

The data comes as Americans adopt a dimmer view of the economy. According to a recent CBS News poll, a majority of respondents continue to say the economy is getting worse.

The labor market has been under a microscope since July employment data showed weaker-than-expected job growth and sharp downward revisions for the months of June and May. August's data, released Friday, pointed to a slump in U.S. hiring, with employers adding only 22,000 jobs. Unemployment also ticked up to 4.3%, the highest rate since October 2022.”

Americans' confidence in finding a new job falls to record low

Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.

www.cbsnews.com

“…a majority of respondents continue to say the economy is getting worse.”

Many of whom voted for Trump, now realizing their stupidity of having done so.

Lots of jobs out there. Just get trained for them. You're welcome.

Here are some good insights into the problem. It seems that the skills needed for tomorrow's jobs are beyond the capacity of people to learn them.

10 Data Points That Prove How Bad The Skills Shortage Is

For the first time in history, up to 75% of organizations are struggling to find qualified talent. So, what's caused the skills shortage, and what can be done?

vervoe.com

 

[SassyIrishLass]

There is about 7 million jobs available in the US according to the Bureau of Labor

Weak thread

 

[jbrownson0831]

“Job seekers' confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of New York's Survey of Consumer Expectations, the average "perceived probability" of finding a new job after losing one fell 5.8% points to 44.9% among heads of households surveyed in August, the lowest measure on record since 2013 when the New York Fed began collecting data.

At the same time, Americans are increasingly worried about losing their current job. Expectations that the U.S. unemployment rate will be higher a year from now crept up 1.7 percentage points to 39.1%, the New York Fed found.

The data comes as Americans adopt a dimmer view of the economy. According to a recent CBS News poll, a majority of respondents continue to say the economy is getting worse.

The labor market has been under a microscope since July employment data showed weaker-than-expected job growth and sharp downward revisions for the months of June and May. August's data, released Friday, pointed to a slump in U.S. hiring, with employers adding only 22,000 jobs. Unemployment also ticked up to 4.3%, the highest rate since October 2022.”

Americans' confidence in finding a new job falls to record low

Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.

www.cbsnews.com

“…a majority of respondents continue to say the economy is getting worse.”

Many of whom voted for Trump, now realizing their stupidity of having done so.

CBS News now facediaper? Hahahahahaha
Even funnier, a gubment teatsucker who never held a job lecturing us on finding a job....hahahahahahahaha

 

[Meister]

When the Fed Reserve lowers the rate in Sept. watch what happens then.

 

[MarathonMike]

“Job seekers' confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of New York's Survey of Consumer Expectations, the average "perceived probability" of finding a new job after losing one fell 5.8% points to 44.9% among heads of households surveyed in August, the lowest measure on record since 2013 when the New York Fed began collecting data.

At the same time, Americans are increasingly worried about losing their current job. Expectations that the U.S. unemployment rate will be higher a year from now crept up 1.7 percentage points to 39.1%, the New York Fed found.

The data comes as Americans adopt a dimmer view of the economy. According to a recent CBS News poll, a majority of respondents continue to say the economy is getting worse.

The labor market has been under a microscope since July employment data showed weaker-than-expected job growth and sharp downward revisions for the months of June and May. August's data, released Friday, pointed to a slump in U.S. hiring, with employers adding only 22,000 jobs. Unemployment also ticked up to 4.3%, the highest rate since October 2022.”

Americans' confidence in finding a new job falls to record low

Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.

www.cbsnews.com

“…a majority of respondents continue to say the economy is getting worse.”

Many of whom voted for Trump, now realizing their stupidity of having done so.

FFS with millions of job openings both in person and remote you have to be one lazy MOFO to not be able to find a job.

 

[Doc7505]

“Job seekers' confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of New York's Survey of Consumer Expectations, the average "perceived probability" of finding a new job after losing one fell 5.8% points to 44.9% among heads of households surveyed in August, the lowest measure on record since 2013 when the New York Fed began collecting data.

At the same time, Americans are increasingly worried about losing their current job. Expectations that the U.S. unemployment rate will be higher a year from now crept up 1.7 percentage points to 39.1%, the New York Fed found.

The data comes as Americans adopt a dimmer view of the economy. According to a recent CBS News poll, a majority of respondents continue to say the economy is getting worse.

The labor market has been under a microscope since July employment data showed weaker-than-expected job growth and sharp downward revisions for the months of June and May. August's data, released Friday, pointed to a slump in U.S. hiring, with employers adding only 22,000 jobs. Unemployment also ticked up to 4.3%, the highest rate since October 2022.”

Americans' confidence in finding a new job falls to record low

Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.

www.cbsnews.com

“…a majority of respondents continue to say the economy is getting worse.”

Many of whom voted for Trump, now realizing their stupidity of having done so.

~~~~~~
Why don't you do as Joey B said... "Learn to Code".

 

[Woodznutz]

When the Fed Reserve lowers the rate in Sept. watch what happens then.

My investments won't earn as much.

 

[Woodznutz]

FFS with millions of job openings both in person and remote you have to be one lazy MOFO to not be able to find a job.

I dunno about that. Some of the requirements seem superhuman to me. Especially humorous is the requirement for 'experience' in a job no one has ever heard of.

 

[Blaster]

There are plenty of good jobs available.

 

[MarathonMike]

I dunno about that. Some of the requirements seem superhuman to me. Especially humorous is the requirement for 'experience' in a job no one has ever heard of.

Yes there are those, but there are millions more job openings that do not require rocket scientists or AI experts.

 

[DigitalDrifter]

Looks like some lazy ass Americans are going to have to get out and do some of those jobs they claim Americans won't do.

 

[initforme]

The very best workers are job hopping constantly. If all employees did this the economy would flourish.

 

[Crepitus]

When the Fed Reserve lowers the rate in Sept. watch what happens then.

Inflation will jump.

And I'll finally get around to taking out a HELOC

 

[Cellblock2429]

“Job seekers' confidence in finding new employment has fallen, a new survey reveals. According to the Federal Reserve Bank of New York's Survey of Consumer Expectations, the average "perceived probability" of finding a new job after losing one fell 5.8% points to 44.9% among heads of households surveyed in August, the lowest measure on record since 2013 when the New York Fed began collecting data.

At the same time, Americans are increasingly worried about losing their current job. Expectations that the U.S. unemployment rate will be higher a year from now crept up 1.7 percentage points to 39.1%, the New York Fed found.

The data comes as Americans adopt a dimmer view of the economy. According to a recent CBS News poll, a majority of respondents continue to say the economy is getting worse.

The labor market has been under a microscope since July employment data showed weaker-than-expected job growth and sharp downward revisions for the months of June and May. August's data, released Friday, pointed to a slump in U.S. hiring, with employers adding only 22,000 jobs. Unemployment also ticked up to 4.3%, the highest rate since October 2022.”

Americans' confidence in finding a new job falls to record low

Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.

www.cbsnews.com

“…a majority of respondents continue to say the economy is getting worse.”

Many of whom voted for Trump, now realizing their stupidity of having done so.

/—-/ You know better. That was under Bidenomics and the numbers were inflated to help Commie Harris.

 

[Zincwarrior]

When the Fed Reserve lowers the rate in Sept. watch what happens then.

So you admit Trump is ******* up the economy.

 

[Cellblock2429]

So you admit Trump is ******* up the economy.

/——/ Latest spin from LiberalPropagandaville

 

[Meister]

So you admit Trump is ******* up the economy.

Nope, he's not. Powell is ******* up the economy by not cutting fed rates.
Small businesses are being hurt by them