Federal Reserve report: 73% of adults say they are "doing okay" as price worries ease and job concerns rise

A Federal Reserve System report based on the October 2025 Survey of Household Economics and Decision Making, fielded in October 2025, found that 73% of U.S. adults said they were "doing okay" or "living comfortably" financially, a level the report described as consistent with 2024.

The survey, which the report says has tracked household economic well-being since 2013, identified prices as the most common financial concern in 2025 but recorded a modest decline in the share calling prices a major concern — 53% in 2025 versus 56% the previous year — while the share naming prices as a concern at all remained unchanged.

On labor-market measures, the report said indicators remained "solid despite some softening." Still, 42% of adults cited finding or keeping a job as a minor or major concern, and 18% identified it as a major concern, up from 14% in 2024. The survey also recorded a small rise in layoffs: 7% of adults reported being laid off in 2025, up from 6% the prior year.

The report also examined workplace impacts of generative artificial intelligence. It found 44% of all workers agreed that AI saves time; among workers who used AI on the job in the past month, 81% agreed it saved time and were more likely to say it would improve their career prospects. At the same time, 20% of all workers said they worried AI might replace their job.

The report and downloadable survey data are available from the Federal Reserve System at federalreserve.gov/shed.

The report does not state policy actions or recommendations; it is presented as a summary of survey findings and data.