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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

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Americans Increasingly Concerned About Job Market, NY Fed Survey Shows | Split Angle