Americans are getting worried about the job market | CNN Business

US consumer confidence worsened in April as Americans become more pessimistic about the job market

The Conference Board’s Consumer Confidence Index, which measures attitudes toward the economy and the job market, fell to 101.3 in April, down from 104 in March and marking the lowest level since July 2022. The business group’s measure of economic expectations fell in April and has remained below a threshold “associated with a recession within the next year” for every month since February 2022, with the exception of an uptick in December.

Employers added 236,000 jobs in March, the smallest gain in two years, and job openings fell below 10 million for the first time since May 2021. Large companies have continued to announce layoffs, such as 3M, which announced on Tuesday that it is cutting 6,000 jobs. The April survey showed that worries about the economy slipping into a recession persisted last month.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNN /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bed Bath & Beyond plans to liquidate all inventory and go out of business | CNN BusinessBed Bath & Beyond has filed for bankruptcy. It caps a long deterioration for a retailer that didn't keep up with shifts in shopping trends.
Read more »

EUR/USD: Weekly Forecast 23th April - 29th AprilThe EUR/USD finished the last week of trading slightly below its previous week\u2019s finish.
Read more »

GBP/USD: Weekly Forecast 23th April - 29th AprilThe GBPUSD actually finished last week with gains compared to the previous week’s end, but daily volatility remains a challenge for day traders-
Read more »

TooFab's Week In Celebrity Photos: April 23 - April 29Saint West rocked a Tristan Thompson jersey to last night's Lakers game -- where Kris Jenner also showed Tristan some love (via toofab)
Read more »

5 things to know for April 24: Biden, Abortion, Sudan, NBCUniversal CEO, Ukraine | CNNHere are 5️⃣ things to know for April 24. 1️⃣ Biden preparing to announce reelection bid 2️⃣ Abortion 3️⃣ Evacuations from Sudan 4️⃣ NBCUniversal CEO 5️⃣ Sergey Lavrov
Read more »