Breitbart Business Digest: Americans Are Increasingly Unhappy with Their Jobs

Job satisfaction is down among U.S. workers, a survey released Monday by the Federal Reserve Bank of New York showed. Americans areThe New York Fed’s labor market survey, which is produced three times each year, paints the picture of a restless labor force. Just 88 percent of workers are employed in the same job they were four months ago. That’s down from 91.4 percent a year ago andSatisfaction with wages fell to 56.7 percent, down from 59.9 percent in July of last year.

Given this history, it’s no wonder that surveys of consumer sentiment remain moribund, especially when it comes to current economic conditions. The University of Michigan’s preliminary July survey of consumers showed the index of current conditions falling 2.9 percent compared with a month ago and down a staggering 19.3 percent from a year ago.columnist, has tried to convince many that consumer sentiment is only low because Republicans do not like a Democrat in the White House.

This was not the way Democrats and their pundit cheerleaders in the establishment media thought things would go. As the year began, several predicted that consumer sentiment would continue to improve this year as inflation fell and the temporal distance from the worst inflation in four decades grew. Instead, inflation proved more stubborn than expected, and.

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