More Americans See Incomes Decline, But Job Market Remains Strong
- Share of US adults with decreasing incomes rose to 11.8% in September, up from 10.7% in August
- Increase driven by high- and middle-income households and West region
- Share of workers working over 35 hours fell to 46.7%, lowest since Spring 2021
- Workers remain confident about getting raises, especially union members
- More workers searching for jobs, seen as sign of labor market strength