US consumers down on job market

Wednesday, September 28, 2011

The latest US consumer survey shows that people feel jobs are as hard to find today as they were 28 years ago.

The US research firm, the Conference Board, surveyed 5,000 consumers earlier this month.

Those saying that jobs are hard to find rose to 50 percent, the worst level since May of 1983. The figure stood at 48.5 percent last month.

Meanwhile, the US consumer confidence index stood at 45.4 in September against a reference value of 100 for 1985. This is almost unchanged from August.

The survey results show that US citizens remain critical over jobs and consumer spending, which make up the backbone of the economy.

0 comments:

Post a Comment

 
Intenational News © 2011 | Designed by Interline Cruises, in collaboration with Interline Discounts, Travel Tips and Movie Tickets