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The assessment of employment availability by consumers in the United States weakened for the sixth consecutive month in June.

Breakings ·  Jun 24 22:05

Stephanie Guichard, a senior economist at the World Federation of Big Companies, stated that consumer confidence in the United States weakened in June, erasing nearly half of the substantial increase experienced in May. There was a widespread decline in all components, with consumers' assessments of the current situation and expectations for the future deteriorating further. The level of optimism regarding the current business environment is less than it was in May. Evaluations of the current supply of jobs have weakened for the sixth consecutive month, but they remain in positive territory, consistent with the still solid labor market. The three components of the expectations Index—business environment, employment outlook, and future income—have all weakened. Consumers are more pessimistic about the business environment and job supply for the next six months, and their optimism regarding future income prospects has slightly diminished.

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