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45% of Americans Say the Government Shutdown Makes Them Less Likely to Make a Major Purchase, Up From 21% in Early October
Businesswire· 2025-11-07 19:07
Nov 7, 2025 2:07 PM Eastern Standard Time 45% of Americans Say the Government Shutdown Makes Them Less Likely to Make a Major Purchase, Up From 21% in Early October Share SEATTLE--(BUSINESS WIRE)--Nearly half of Americans (45%) say they're less likely to make a major purchase like a home or car due to the ongoing federal government shutdown, according to a new Redfin survey. That share has doubled over the past month, rising from 21% in early October to 45% in early November—as detailed in a new report from ...
Why Americans won't quit their jobs
CNBC· 2025-10-31 16:01
The US economy has lost 1.2% million jobs since April 2024. And Americans are feeling the economic downturn. The quits rate, a measure of how often workers voluntarily leave their jobs, is now down to about 2% after fluctuating in the years since the pandemic.And employers are hiring at the slowest pace since 2013, excluding the pandemic dip and rise. >> I think people would just want to stay with what is known and not take any risks. Right now, >> we use the term job clinging or job hugging to denote that ...
More Americans are worried about losing their jobs, per CNBC's All-America Economic Survey
CNBC Television· 2025-10-17 16:03
Growing pessimism from Americans on the jobs and inflation front according to CNBC's latest All-America economic survey. Let's get over to Steve Leman. He's got some of the key takeaways for us.Steve, >> thanks Dave. Yeah, the public's concern with losing their job grew in the latest allameric survey along with ongoing worries about inflation and wages not keeping up. Take a look.28% or 20 sorry, 26% of the public is worried about losing their job. Uh, and that's up from the average of the last several time ...
HOW MUCH MONEY SHOULD YOU SAVE?
The Diary Of A CEO· 2025-10-14 18:00
Financial Planning & Security - The industry emphasizes the importance of having savings to cover at least 6 months of living expenses as a measure of financial independence [2] - The industry suggests that job loss is a likely event, highlighting the need for an emergency fund [1][2] - Savings provide the flexibility to find a better job after a job loss, rather than being forced to accept the first available option [4][5] Impact of Insufficient Savings - Lack of savings can lead to accepting undesirable jobs due to financial constraints [4] - Without savings, individuals may face significant trauma during difficult times [3]
Federal workers tell NBC News why this shutdown feels different
NBC News· 2025-10-03 22:29
Of course, we don't want to lose our paychecks, but it doesn't just affect us, right. This affects everyone. Part of my job is investigating illegal firings.And so, all of those people who've been illegally fired and have turned to the government for help, they're also waiting. Trump is threatening to close our agencies, to lay off mass amounts of federal workers, which is totally different than any other shutdown. It's always been temporary.We go back to work. We go back to providing the same services. Her ...
Consumer Sentiment Falls To Lowest Level Since May As Inflation Fears Linger
Yahoo Finance· 2025-10-03 13:45
U.S. consumer sentiment dropped in September to its lowest reading since May, according to the University of Michigan Survey of Consumers. This signals that worries about inflation, job security and overall economic direction are firmly on people's minds. What Does Consumer Sentiment Mean? Consumer sentiment measures the level of optimism or pessimism people feel about their personal finances and the overall economy. When the index is high, it typically indicates that households are confident about their ...
Why Gen Zers are choosing trade school over college
NBC News· 2025-09-29 21:26
You don't have to go to college to be successful. >> I'm Antonio. I'm 19 years old.I do asphalt. >> A career in skilled trade jobs is becoming a hit amongst the unlikeliest demo. Gen Z.Four and 10 Gen Z workers say they're turning to bluecollar work for job security. >> I feel like trades are such a, you know, even playing field. As long as you know what you're doing, you have the experience, and you have the ambition, you could really go anywhere in this trade.18 to 28-year-old electricians, plumbers, HVAC ...
Gen Z choosing trade schools over college
NBC News· 2025-09-20 02:36
Industry Trends - Skilled trade jobs are gaining popularity among Gen Z due to stability and avoiding major debt [2] - Social media significantly influences Gen Z's interest in trade jobs, surpassing teachers, siblings, and extended family [9][10] - Trade school enrollment is rising as Gen Z seeks job security and essential roles, influenced by concerns about traditional college costs and AI threats [4][5] Labor Market Dynamics - There is a high demand for skilled workers, with millions of unfilled trade jobs [6] - The Bureau of Labor Statistics estimates roughly 500,000 open manufacturing jobs [6] - Some estimates project unfilled trade jobs to exceed 2 million by 2033 [6] Impact of Technology - Experts believe AI could benefit the trades by automating undesirable tasks [8] Gen Z Perspective - Gen Z desires hands-on work and avoids office or cubicle environments [7] - Gen Z uses social media to inspire others to pursue trade careers and demonstrate the potential for a good living without a college degree [3][10] - The number of people ages 17 to 21 with two-year vocational degrees has doubled since 2000, reaching its highest level in over three decades [5]