US Employment Confidence Falls to Lowest Level Since 2021
The gap between perceptions of jobs being plentiful versus hard to get narrowed sharply in September to 7.8%, marking an eight-year low outside the 2020 pandemic period.
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Terms & Concepts
Employment Confidence Index: A measure of how people perceive current job availability, often tracked by comparing the share of respondents who say jobs are plentiful versus hard to get.
Labor Market Indicator: A metric used to assess the strength or weakness of the job market, including employment rates and related sentiment surveys.