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Our first on Fox Business update on the public opinion about hot topics right right now it is really about the economy and jobs open we just discussed.
And joining us now first on Fox Business.
Scott Rasmussen president of Rasmussen Reports.
Scott the latest consumer confidence numbers crossed just about an hour ago.
They were weaker than expected and it may be because your numbers show that there's still a good percentage of the American population that thinks they could lose their job.
-- that's right people are concerned about the situation any improvement we've seen over the summer consumer confidence at all is simply a reduction in pessimism right now 30% of American workers.
Aren't worried about losing their jobs sometime and if your future it's nearly one out of three.
The only bright news we found in in this is encouraging.
Of workers now tell us.
That they are that their employers are laying people off that doesn't sound great.
But it's down from 28% a month ago and 30% the month before so perhaps we're starting to see a reduction layoffs.
That may eventually.
You know -- some good news for us yet I got today you know we talk about consumer spending -- such a major part of GDP and he got 30% of the people out there fearing for their job.
The last thing they're probably gonna go do -- spend a bunch of money on something.
That's right people are worried about that people believe their current plurality nearly half of all Americans and not all the workers -- all American.
Consumers say they're they're personal finances are getting worse.
This is not a great -- I mean there's nothing that we can -- this is not gonna change overnight we've been talking bad numbers.
And here's if you want a sense of half full half empty I just mentioned a minute ago that the number of people who say their firms are laying off has declined that's the good news.
The bad news is the number who say that their firms are hiring hasn't budged at all 15% -- spend their way for seven straight months.
So you're right this is a a difficult time in the economy.
People are concerned.
The only thing that they can say -- positive side -- people aren't quite as concerned as they were earlier in the year.
Well not the pile on some of the -- negative findings but.
Once again you look at you ask the question how do you rate your personal finances and it not a lot of people out there thought they were an excellent or even really good financial condition.
-- 35% said their personal finances are good or excellent shape vote.
This is this is not a great environment and again -- we have.
We track this we tracked him quite an index monthly the good news if -- up for two months in a row that probably means the numbers won't be quite as bad on Friday.
It in index today it's 65.
Is down 23 points from a year ago it's down a little bit from even as recently as June so there is a sense.
Then it you know this is this is a challenging time for consumers if you're relying on consumer spending to drive the economy.
-- be waiting a while half the people in this country don't have any money left over when there's finish paying a monthly bills that means no discretionary spending.
Scott Rasmussen president of Rasmussen Reports great stuff is always got to see again -- thank you look forward --
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