00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Office workers are showing rising anxiety as the job market weakens for white-collar roles,
00:07according to the Wall Street Journal.
00:09The unemployment rate rose to 4.6%,
00:12while sectors with high concentrations of office workers,
00:15including information and financial activities, cut jobs in October and November.
00:20Hiring for college-educated workers has softened,
00:22and their unemployment rate has edged higher.
00:25Consumer sentiment is near historic lows as inflation persists,
00:28as Americans bear the stress of nearly five years of inflation.
00:32Workers with bachelor's degrees now estimate a higher risk of job loss
00:36and lower chances of finding new work.
00:38Executives have warned that artificial intelligence
00:40could further reduce white-collar employment, adding to uncertainty.
00:44For all things money, visit Benzinga.com.
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