Gloomy Job Market: Americans' Confidence Drops to 2013 Low
Update: 2025-09-08
Description
Is the job market about to crash? A new Federal Reserve report reveals Americans are the gloomiest they've been about jobs in over a decade, with confidence in finding and keeping work plummeting. As job growth slows and unemployment rises, pressure mounts on the Federal Reserve to cut interest rates and rescue the economy. But amidst the uncertainty, some households remain optimistic, and inflation expectations are stable, offering a glimmer of hope.
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