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Panic on the Job Front: Unemployment Fears Hit Post-2020 High as Inflation Pressures Mount

EDITOR'S NOTES

When job security starts to feel like a coin toss, and inflation eats away your paycheck before it even hits the bank, it’s not just bad luck—it’s the inevitable result of a broken financial system. The latest data from the New York Fed confirms what many Americans already feel in their gut: this economy is wobbling. But here’s the truth Washington won’t tell you—this collapse isn’t accidental. It’s engineered. The system isn’t designed to protect you. It’s designed to trap you. That’s why we need to stop trusting the system and start protecting ourselves. Let’s break it down.

Job Security Crumbles Across the Board

The latest consumer survey out of the Federal Reserve Bank of New York should serve as a flashing red warning light for every working American. According to their March data, the fear of unemployment has surged to its highest level since April 2020—yes, right back to pandemic-era panic. Nearly 44% of respondents now expect unemployment to rise over the next year, a spike of 4.6 percentage points from the previous month. That’s not a blip. That’s a signal of a faltering labor market, and it’s not confined to one demographic—it’s cutting across age, income, and education levels.

Even more disturbing, the perceived chance of losing one’s job in the next 12 months has jumped to 15.7%, the highest it's been in over a year. Households earning under $50,000 are especially vulnerable, with these respondents feeling the pressure the most. That's not surprising—low-income earners are always the first casualties when the economy takes a dive, and this dive is just beginning.

Confidence in the Rebound Is Fading

But it doesn’t stop there. Confidence in finding a new job if one were to lose theirs has slipped again, now resting at a meager 51.1%. That might not sound catastrophic until you consider the psychological and financial spiral it suggests: people aren’t just afraid of losing their job—they no longer believe they can bounce back.

Inflation Expectations Surge Where It Hurts Most

Add inflation to this toxic cocktail and you’ve got the makings of a serious crisis. Short-term inflation expectations have risen to 3.6%, and specific sectors like food, medical care, and rent are seeing sharp projected increases. Food inflation alone is now expected to hit 5.2%, while medical costs are projected to spike 7.9%, and rent isn’t far behind at 7.2%.

So while the official line still downplays inflation, Americans are bracing for real-world consequences—more expensive groceries, healthcare, and housing, all while job prospects shrink.

Credit Tightens as Economic Confidence Collapses

And let’s not ignore the chilling undercurrent: access to credit is tightening. Fewer households feel optimistic about their financial situation. Expectations that stocks will rise have fallen to the lowest level since June 2022. The Fed’s own data confirms what you already know if you’ve been paying attention—confidence is cracking.

Tariffs Add Fuel to the Inflation Fire

Meanwhile, President Trump’s ongoing trade renegotiations, particularly the tit-for-tat tariff battles with major global partners like China and the EU, are stoking further uncertainty. The textbook response to tariffs is rising consumer prices, as businesses pass on those costs. The media may try to spin it as temporary or manageable, but the fact is, inflation doesn’t care about politics. It punishes savers and rewards debtors, and the middle class is caught in the crossfire—again.

This Isn’t a Cycle. It’s a System in Collapse.

Let’s be honest: the modern economy is built on a foundation of debt, manipulation, and central bank illusion. What we’re witnessing is the slow-motion collapse of confidence in that system. And if you’re still relying on that system to protect your savings, your job, or your future—you’re playing a rigged game.

There’s a better way to prepare. Bill Brocius saw this coming years ago, and he’s laid out a roadmap for financial self-defense. Start with his free ebook, “7 Steps to Protect Your Account from Bank Failure”—because if you think your bank is immune from this volatility, think again.

👉 Download it here

Don’t Wait for the Collapse—Get Ahead of It

Then, get your hands on “The End of Banking As You Know It”—Bill’s bestselling exposé on the systemic rot inside our financial institutions. And if you’re serious about staying ahead of the next wave, join Bill’s Inner Circle for just $19.95 a month. That’s your direct line to unfiltered economic intelligence—before the headlines hit.

Prepare now. Because the system isn’t designed to save you—it’s built to consume you.
Start protecting yourself today:

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