US EditionJob-finding expectations hit all-time low, NY Fed survey shows
The survey found a 15.3% delinquency expectation and highlights widening credit pressures amid a weak labor market with uneven job gains in the U.S., New York Fed said.
- Americans are slightly more bullish about 2026, but job loss expectations have worsened across all age and education levels.
- Delinquency expectations have risen to the highest level since the start of the pandemic, with increases most pronounced among certain groups.
- Roughly 175 million consumers have credit cards, with about 60% of credit card users having revolving debt, widening the divide in the bifurcated consumer economy.
17 Articles
17 Articles
US workers express doubt they can find a new job if they get laid off
Americans are growing more anxious about both inflation and the job market, according to the latest consumer survey from the Federal Reserve Bank of New York. As Bloomberg writes, respondents now expect prices to rise 3.4% over the next year, up from 3.2% in November, while confidence in finding a new job has fallen to its lowest level in the survey’s history. Just 43.1% of consumers say they believe they could secure another job if they lost t…
Americans Say Job Prospects Are Worst in 12 Years
Americans are less confident about finding a job than they’ve been in the 12 years the Federal Reserve Bank of New York has been producing the Survey of Consumer Expectations. Respondents’ mean perceived probability of finding a new job if they lost their current one fell by 4.2 percentage points to 43.1% in December, according to a press release about the findings of the December 2025 survey. That figure marked the lowest level on rec…
Fed survey shows higher inflation fears, less hope of finding jobs
Americans expect prices to climb faster in the coming year, while their confidence in finding work has sunk to the lowest point on record, new data from the Federal Reserve Bank of New York showed Thursday. People surveyed now think prices will go up 3.4% over the next 12 months, a jump from the 3.2% they predicted in November. At the same time, workers said they’d have just a 43.1% chance of landing a job if they lost their current one. That’s …
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