Are American workers losing faith in the job market as confidence hits a decade low?

American workers’ confidence in finding new jobs has plunged to a decade-low, with only 44.9% believing they could secure employment if displaced. Weak hiring, fewer openings than job seekers, and rising inflation have amplified uncertainty, particularly for less-educated workers. The labor market now demands caution, leaving many employees clinging to current roles amid heightened economic vulnerability.