Americans grew 'more pessimistic' about the job market in August while overall confidence rose

from The Conference Board showed an uptick in confidence this month, to 103.3 from 101.9 in July, though Conference Board chief economist Dana Peterson noted consumer feelings were "mixed" as labor market worries increased.

In August, The Conference Board found 32.8% of consumers said jobs were "plentiful," down from 33.4% in July. Meanwhile, 16.4% of consumers said jobs were "hard to get," slightly up from 16.3., its highest level in nearly three years while the US labor market added 114,000 jobs, the second-lowest monthly total since 2020.showed the quits rate, considered a sign of confidence among workers, sat at 2.1% in July, it's lowest level since August 2020.

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