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Americans are⁤ increasingly ⁣worried about their job security. The ​average ⁣perceived probability‌ of finding ​a‌ new ​job if their current one disappeared fell to 43.1% in December 2025, ⁣a 4.2% drop from the ⁤previous year, according to recent data from the Federal Reserve Bank of New York.

This marks a‍ record ​low as the surveys began in 2013. The report indicates⁣ several demographics are driving this pessimism.

Those earning less than $100,000 annually, individuals without ​a college degree, and surprisingly, baby boomers over 60-approaching retirement-have the lowest confidence in their ability to find new ​employment.

All⁣ workers ⁣are worried-even professionals with a steady job think they’re about to get laid off

“Americans don’t feel like‍ the current ⁣job market is working for them,” Daniel⁢ Zhao, chief economist at Glassdoor, tells fortune.‍ “Workers on ⁣the ⁤lower end of the income spectrum or without a ‌college degree are​ often more susceptible to the swings ​of ⁤the business cycle,⁣ so itS natural for them to be more concerned about signs of an economic slowdown.”

Even those ‍currently employed are‍ concerned. The perceived probability of job loss in​ the‌ next year increased to 15.2%,⁢ up 1.4% from the year before. However,⁢ fewer expect to leave their jobs voluntarily; the expected quit rate decreased to 17.5% over the next twelve months.

“Generally, workers are ‍anxious about job security as they see prominent layoffs in‍ the headlines and hear from their laid-off friends ​who are having trouble getting back into work,” Zhao ‍explains. “Even ‍workers who are currently⁤ employed feel stuck⁢ in their⁤ jobs‍ as the current job market limits their options.”