"Americans are worried about their jobs and feel uncertain about their financial conditions, but companies are still hiring and the U.S. economy is still growing despite elevated borrowing costs.
On Wednesday, the Commerce Department revealed that the economy expanded by 3.2 percent in the fourth quarter of 2023—a 0.1 percent revision down from last month's estimate—following strong 4.9 percent growth seen in the previous quarter. But consumers are feeling jittery about their jobs and concerned that the country may plunge into a recession, according to the Conference Board Consumer Confidence Index.
Economists say the labor market is still showing strength. Companies are recruiting as shown by job openings of more than 9 million in December, the highest in three months. Meanwhile, unemployment claims are low and in January employers added more than 350,000 jobs, smashing expectations, as the unemployment rate stood at 3.7 percent."
https://www.newsweek.com/should-americans-worried-about-their-jobs-1874451