Consumers downgraded view of labor marketPublic expected higher unemployment a year from nowPublic saw a greater chance of losing jobFound worst probability of finding a new job since the series started in June 2013Perceptions of current financial situation lost groundThree-year inflation unchanged at 3%Five-year inflation unchanged at 2.9%Home price rise expectations unchanged at 2.9%
Some gloom is settling in over the jobs market. That’s the kind of thing that can stifle spending and some of the dynamism in an economy around jobs switching.
This article was written by Adam Button at investinglive.com.