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Fed Annual Survey: Americans Grow More Anxious About Jobs, Vast Majority Concerned About Prices
The Federal Reserve's annual survey shows that an overwhelming majority of Americans were worried about high prices last year, while a growing number felt anxious about the job mar...
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The Federal Reserve's annual survey shows that an overwhelming majority of Americans were worried about high prices last year, while a growing number felt anxious about the job market. Amid nearly zero job growth last year, 42% of adults said finding or keeping a job was a secondary or primary concern, up from 37% in 2024. Meanwhile, about 90% of respondents expressed concern over rising prices.

The report indicated that 73% of adults described their financial situation as "doing okay" or "living comfortably" last year, unchanged from the 2024 survey. However, this proportion declined significantly among those without a high school diploma, African Americans, individuals under the age of 30, and those with annual income below USD25,000.

Related NewsIndustrial Production MoM for Apr in United States is 0.7%, higher than the previous value of -0.5%. The forecast was 0.3%.
The survey also asked about the use of artificial intelligence for the first time. One-quarter of respondents reported using generative AI at work in the past month. Among those who had used it, 81% said AI helped save time and were more inclined to believe that AI could enhance their career development rather than replace their jobs. (mn/da)

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