Americans Haven't Been This Optimistic About the Job Market in Over 30 YearsBy
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.