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AAP
AAP
Business
Poppy Johnston

New fear unlocked: unemployment worries grip consumers

Unemployment Economy Jim Chalmers RBA Angus Taylor the Reserve Bank Westpac
Shrinking confidence in the economy has sparked fears about potential job losses. (Angela Brkic/AAP PHOTOS)

Fears of a tougher jobs market is starting to muscle out cost-of-living pain as the top concern playing on consumer minds.

Less chatter about interest rate hikes, tax cuts and power bill rebates from state and federal governments has boosted optimism concerning family finances, surveying suggests.

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