The percentage of respondents to University of Michigan's Consumer Sentiment Survey that “think they (or their spouse) will lose their job over the next 5 years” soared to its highest since March 2009.

Either the BLS' workers are lying, or the government's data on jobs is ‘misleading'

According to UMich Curtin:

And worse still:

But do not worry:

Though he offered no actual reason for his expectation.

Finally, we note the last time this happened…

Personal Spending Collapsed!

Charts: Bloomberg