- Consumers downgraded view of labor market
- Public expected higher unemployment a year from now
- Public saw a greater chance of losing job
- Found worst probability of finding a new job since the series started in June 2013
- Perceptions of current financial situation lost ground
- Three-year inflation unchanged at 3%
- Five-year inflation unchanged at 2.9%
- Home price rise expectations unchanged at 2.9%
Some gloom is settling in over the jobs market. That’s the kind of thing that can stifle spending and some of the dynamism in an economy around jobs switching.
This article was written by Adam Button at investinglive.com.
