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economics 73d ago

Gallup: US Job Market Confidence Collapses from 70% to 28% Since Mid-2022

Gallup: US Job Market Confidence Collapses from 70% to 28% Since Mid-2022

A Gallup poll shows a steep drop in Americans' belief that it's a good time to find a quality job, falling from 70% in mid-2022 to just 28% in late 2023. This collapse in confidence comes despite low unemployment rates, reflecting widespread economic anxieties fueled by inflation and energy costs. Policymakers, including the White House, face increased pressure as public skepticism toward employment conditions grows, signaling challenges ahead for labor market recovery efforts.

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