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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 46 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

The Conference Board News

Job Market,Consumer Confidence Index,Stock Market

The steady rise is unemployment over the past few months is contributing to a 'more pessimistic' view of the labor market from US consumers, according to The...

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.

A parachutist flies the American flag over the 18th hole during the Folds of Honor Closing Ceremony during the first round of The Ally Challenge presented by McLaren at Warwick Hills Golf & Country Club, Grand Blanc, MI, USA Friday, August 23, 2024. Skin doctor and GP Dr Raj Arora, who has recently gained popularity on TikTok, has revealed the top four must-dos when it comes to maintaining a youthful appearance.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. consumer confidence rises in August, but Americans becoming more anxious about labour marketThe Conference Board said on Tuesday its consumer confidence index increased to 103.3 this month from an upwardly revised 101.9 in July
Source: globeandmail - 🏆 5. / 92 Read more »

Gold market analysis for August 8 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »