Business2 sources
Americans Increasingly Concerned About Job Market, NY Fed Survey Shows
- The NY Fed's October Survey of Consumer Expectations showed increased American concern about the US labor market.
- Households anticipated a higher unemployment rate over the next year, the highest level since April 2020.
- The survey was released by the Federal Reserve Bank of New York on Monday.
- The survey found that Americans were more worried about future jobless levels.
- The survey results indicate a shift in consumer expectations regarding employment.
Economic Context
Unemployment
4.1%
October 2026
-0.1 pts since September 2026
Close to its typical level of the last 10 years
Fed interest rate
4.00%
Nov 7, 2026
No change since Nov 6, 2026
Higher than 69% of readings in the last 10 years
Matched from words in this story. Context, not cause.