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 income […]