Americans are increasingly concerned about a potential spike in unemployment, with a survey by the Federal Reserve Bank of New York showing a 44% probability of higher jobless rates in the next year. The survey also revealed growing insecurity about job security, with a 15.7% perceived probability of losing one's job in the next year. Despite these pessimistic outlooks, the US job market has remained strong, supporting consumer spending and economic growth. Inflation expectations have also increased in the near term, but remain steady in the medium and long term, with concerns about potential price increases due to trade policies.
Source: https://www.cnn.com/2025/04/14/economy/survey-consumers-march-ny-fed/index.html