đ¨ Americans are getting nervous about jobs, even though the numbers say something different
A new reading shows a surprising gap between how people feel and what the economy is actually showing right now.
In April, about 64% of US consumers expect unemployment to rise over the next 12 months đ
Thatâs close to the highest level ever recorded.
What makes this more striking is the trend:
Back in June 2022, it was just 32%
That means pessimism has basically doubled in under 2 years
For context:
During the 2008 financial crisis peak, it hit around 69%
A similar spike was seen again in late 2025 at 69%
Historically, readings this high in job pessimism only show up during recessions.
But hereâs the twist đ
The actual unemployment rate is still just 4.3%, which is far below past crisis levels like:
10.6% in 2010
11.4% in 1983
So whatâs going on?
On paper, the job market is still relatively strong.
But sentiment tells a different story⌠people are clearly worried about whatâs coming next.
Itâs a reminder that economic data and public confidence donât always move together.
And right now, confidence is flashing warning signs â ď¸
#Jobs #Economy #USA #RecessionFears #MarketSentiment
