Americans have record-high pessimism toward finding jobs as labor figures lower than expected

Published September 9, 2025 12:24pm ET



Workers’ confidence in their ability to move jobs has hit its lowest point in over a decade, according to a New York Federal Reserve survey released on Monday.

Respondents indicated a perceived 44.9% probability of finding another job after losing their current job. That figure is down 5.8 points from August and marks the lowest rating since the New York Fed began asking the question in 2013.

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