Last month, and as detailed Maximizing the Impact of Your B2B Lead Generation Campaigns in a report released by PYMNTS as part of our continued, extensive chronicling of the paycheck-to-paycheck economy, we found that consumers
who found their take-home pay was just enough to meet
expense obligations, or who were struggling to meet those obligations, were eyeing job opportunities as a way to improve their financial malaysia mobile database standing. The fact that more than two-thirds of us live paycheck to paycheck means that worries over the ability to keep one’s job or to find a new one in the new year are pervasive.
As our data shows, overall, more than one-third of consumers say they have better prospects in the current environment and in the months ahead. But that leaves a majority who say that conditions are the same, or in fact worse than had been seen in the recent past. Similarly, only a third of consumers struggling to pay bills say the future looks brighter on the employment scene.
Some Career Paths Might Be Rocky With a bit
more granular insight, confidence is higher for workers that demand higher levels of specialized skills — where, for instance, of tech workers say email marketing campaign from that job prospects are better now than they’ve been previously. But only about of office-based occupation workers and of those in customer-facing retail roles say that things are better than three years ago.
By income level of individuals making less than
annually think things are better now than three years ago; that sentiment rises to about of those making more than ,And, as we found, of those living paycheck to paycheck with trouble paying bills fear layoffs through Confidence Dips in JanuaryThe cautionary mindset has persisted into January. Consumer confidence, as measured by the Conference Board in data released Tuesday Jan.
, indicated that the overall Index slipped by bulgaria business directory points this month which we note is not over yet to Notable was the drop in the assessment of present situations, where that Index reading slipped by nearly points on worsening expectations of the business and labor market conditions, and the expectations measure was also lower for those metrics.While consumers’ views of both business conditions and job availability deteriorated, the most significant change was a drop in the number of consumers who said jobs were plentiful and a rise in those who found them hard to get.
The Expectations Index
which reflects consumers’ short-term outlook on income, business and labor market conditions, also fell in January — down by points to — but stayed above the threshold of that often signals the onset of recession.However, average -month inflation expectations rose to from , indicating that sticky inflation remains a concern. More than half of respondents also expect higher interest rates in the next months, mirroring the Federal.