Job Market BLOG

American workers less confident about finding a job. American workers’ confidence in finding new jobs if they lose their current positions has plunged to a record low of just 44.9%, marking a steep 5.8 percentage-point drop since the survey began in 2013. WSJ reports that this growing sense of insecurity is pervasive across demographics but especially acute among those with only a high-school education. The labor market shows signs of significant cooling, sustained largely by the health-services sector.