Summary
President Donald Trump's approval rating on the economy has reached its lowest point, with only 42% support. Economic concerns, including inflation, tariffs, and job security, have led to decreased public confidence. The ongoing government shutdown is adding to worries about the economy's impact.
Key Facts
- President Trump's approval rating on the economy is 42%, with 55% disapproving, according to a CNBC poll.
- Only 34% of people approve of Trump's handling of inflation and the cost of living.
- Just 27% of people believe the economy is "good" or "excellent."
- More than 25% of workers fear losing their jobs in the next year.
- Inflation rose to 2.9% in August, the highest since January.
- The unemployment rate is at 4.3%, the highest in four years.
- The ongoing government shutdown could cost the U.S. economy $15 billion a week.
- The federal government shutdown has resulted in 4,000 federal workers being laid off.
