Americans think they'll be out of work and are looking for jobs at highest rate in 10 years: NY Fed survey

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Americans think they'll be out of work and are looking for jobs at highest rate in 10 years: NY Fed survey
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More Americans are looking for jobs as unemployment concerns rise to their highest level in a decade.

More Americans are looking for jobs and unemployment worries are at their highest level in a decade, according to a new survey

More respondents are also actively on the job hunt, with 28.4% saying they've been searching for a new job over the past four weeks — the highest level since March 2014 and an increase from 19.4% in July 2023. "The problem is that we continue to see weakness in the labor market and we think that that's going to ultimately be what drives this market lower," Ahmed Riesgo, chief investment officer at Insigneo, told Yahoo Finance on Tuesday.

"A lot of the rules that some of these so-called forward-looking investors use aren't really going to work this time because the economy is in a very different place.""I think will have to certainly move in terms of the commentary," ING chief international economist James Knightley told.

Larry Acree, 70, accused of fatally shooting Independence police officer Cody Allen and civil process server Drexel Mack, needs surgery before case continues, lawyers said in a court filing.In two viral TikToks, the Willard, Missouri native says “abuse and harassment” and stalking of famous people is not OK.

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