Worker sentiment is deteriorating, in step with employee confidence falling to a record low, according to the New York Fed's Survey of Consumer Expectations.

The modest drop in year-ahead expectations took place as 1-year gas inflation expectations extended its recent decline, sliding to 4.96% in May from 5.11% in April and from 9.42%…

Worker sentiment is deteriorating, in step with employee confidence falling to a record low, according to the New York Fed's Survey of Consumer Expectations.