The share of people who think they’re likely to be unemployed in the next four months reached a record high in a Federal Reserve Bank of New York survey of consumer expectations that dates back to 2014.
At the same time, there’s a rising number of consumers who expect to receive a job offer in the next months compared with a year. Overall, the NY Fed Survey shows increased churn in the labor market, as well as workers who are increasingly dissatisfied with their wages and benefits and holding onto high pay expectation levels.
