38% of Americans See Inflation Over Unemployment as Bigger Risk; 5% See Unemployment as Greater Risk
The share of U.S. consumers viewing inflation as the bigger near-term threat reached its highest level since March 2025, widening the gap over unemployment concerns to 33 points.
valuewalk.comApproximately 38 percent of Americans now view inflation as a greater risk than unemployment over the next year. The figure marks the highest reading since March 2025 and reflects a 13-percentage-point increase over the past two months. That two-month rise is the largest recorded in at least two years.
In July 2024, 48 percent of consumers placed inflation ahead of unemployment as the primary concern. Only about 5 percent of consumers currently see unemployment as the greater risk. The share is the lowest in at least two years.
The resulting 33-percentage-point gap between the two readings is the widest since February 2025. @KobeissiLetter reported the survey results. S. households.

