Americans Haven't Been This Optimistic About the Job Market in Over 30 Years

The largest share of Americans in decades believes the labor market still has room to grow. Thirty-five percent of U.S. consumers surveyed by the University of Michigan this month expect unemployment to further decline during the year ahead, the largest share of respondents since March 1984 -- a time when unemployment was a full three percentage points higher than the current rate of 4.8 percent.

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