US EditionFear of unemployment jumps to highest level since the pandemic
- Consumer worries grew over inflation, unemployment, and the stock market as the global trade war heated up in March, according to a Federal Reserve Bank of New York survey.
- The probability that the unemployment rate would be higher a year from now surged to 44%, the highest level going back to the early Covid pandemic days of April 2020.
- The expectation that the stock market will be higher a year from now slid to 33.8%, the lowest reading going back to June 2022.
42 Articles
42 Articles
US unemployment fears hit highest level since pandemic began, poll shows
American consumers' fears regarding inflation, unemployment and the stock market increased significantly in March, in the context of the escalation of the global trade war, shows a survey published on Monday by the Federal Reserve Bank of New York, cited by Reuters and taken over by news.ro.
Fears of unemployment in the US reach their highest level since the pandemic.
By Alicia Wallace, CNN Not since the early weeks of the pandemic have Americans been so sure that unemployment would rise. Consumers surveyed by the Federal Reserve Bank of New York in March assigned a 44% probability that the nation's unemployment rate would be higher a year later, marking the highest level since April 2020. The latest data from the New York Fed's Survey of Consumer Expectations released Monday added more grim prospects to the …
Office uncertainty — inside and out
Fear of unemployment jumped 4.6 percentage points to 44% in March, according to a New York Fed survey. That’s the highest it’s been since April 2020. Expect the commercial real estate market to feel that same vibe. Companies concerned about a tariff-induced recession may make cuts or stick with Zoom instead of leasing new office space, experts told us. Also: Uncertainty is driving up junk bond yields, foreign investors may be pulling back on U.S…
Unemployment worries jump to highest level since 2020 in New York Fed survey
The Federal Reserve Bank of New York on Monday released its latest Survey of Consumer Expectations, which found that Americans' expectations of the labor market have dimmed to the lowest level since the COVID-19 pandemic.Respondents' expectations that the unemployment rate will be higher one year from now jumped 4.6 percentage points to 44% in March – the highest reading since April 2020. The increase was broad-based across age, education and in…
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