New York Fed Survey: Highest Unemployment Expectations in History Expected in Coming Four Months
Publication Time:2024-08-20 04:36:06
According to the latest survey data released, the study on consumer expectations conducted by the New York Federal Reserve has found that the proportion of respondents who believe they may be unemployed within the next four months has reached an unprecedented level. This indicator has been continuously setting records since the survey was initiated in 2014. Meanwhile, the report mentions that compared to a year ago, the number of respondents expecting to receive job offers in the coming months has increased. Overall, this survey reveals that the turnover rate in the labor market is rising, workers are dissatisfied with their current salary and benefits, and they maintain high salary expectations.
unemployment rate
labor market
New York Fed
consumer expectations
salary satisfaction