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Job Losses Set to Test Consumer Confidence and Spending

By PYMNTS March 06, 2026 Bearish
Job Losses Set to Test Consumer Confidence and Spending
The latest labor market figures delivered an unexpected turn, with payrolls shrinking in February and the unemployment rate ticking higher, raising new questions about whether consumer confidence and spending power can maintain their steadiness. The Employment Situation Summary released Friday (March 6) by the U.S.
The latest labor market figures delivered an unexpected turn, with payrolls shrinking in February and the unemployment rate ticking higher, raising new questions about whether consumer confidence and spending power can maintain their steadiness. The Employment Situation Summary released Friday (March 6) by the U.S.