Americans' fears of job loss are growing
Posted on AllSides June 22nd, 2022
From The Left
Job security jitters are on the rise. And why not? Recession chatter is all over the news (guilty ✋).
The big picture: The job market is still strong, with unemployment at a near-record low 3.6% — but the Federal Reserve wants to drive that up a bit to fight inflation. Workers have gotten the message.
Driving the news: Across all income brackets, the share of workers who fear a loss of employment income over the next month rose in June from the prior month, according to polling from the Morning Consult/Axios Inequality Index.
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