Even with an uncertain economy, people still aren’t as worried about losing their jobs as they were pre-pandemic.
Economic research director at job site Indeed Nick Bunker highlighted in a tweet results from the New York Fed Survey of Consumer Expectations, showing that respondents in November said on average they thought there was an 11.7% chance they’d lose their job over the next year. That’s higher than job-loss expectations in early 2022 — showing some fears over the cooling of the red-hot labor market — but still much lower than pre-pandemic expectations over layoffs.
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