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.
Recommended Stories
Joe Concha rejects Ezra Klein suggestion Trump administration is ‘like the Mafia’
Israel gave Trump White House notice of Doha strike targeting Hamas leadership
Eric Trump compares validity of father's Epstein birthday note to 'Russia hoax'
“Consumers are feeling down about job-finding opportunities, and those feelings are wholly appropriate,” said Elizabeth Renter, senio