CNN —
The shape of the US labor market is changing, job growth is slowing and new survey data released Monday shows that Americans are starting to feel increasingly unsettled about it all.
The Federal Reserve Bank of New York’s latest survey on consumers’ labor market experiences and expectations showed that job, wage and benefits satisfaction all sank in July. In addition, the survey showed that fewer people were employed, a record share of people were looking for jobs, and the average expected likelihood of becoming unemployed rose to 4.4% — also the highest on record for
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