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Americans growing more worried about jobs amid rising prices, finds NY Fed survey
- Americans grew increasingly concerned about the US labour market in October, with expectations of a higher unemployment rate over the next year reaching their highest level since April 2020, according to a survey released by the Federal Reserve Bank of New York on Monday.The New York Fed's October Survey of Consumer Expectations showed that households anticipated a greater likelihood of involuntary job losses, although the perceived risk remained relatively low.
- However, respondents also expressed greater confidence in their chances of finding employment after losing a job.For live updates on…
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