--- title: "US consumer sentiment hits record low as teen jobs shrink" type: "News" locale: "en" url: "https://longbridge.com/en/news/287551405.md" description: "US consumer sentiment has dropped to a record low of 44.8 in May, the lowest since 1952, due to inflation and geopolitical issues. Seasonal teen job hiring is projected to reach an 80-year low as the leisure and hospitality sectors reduce hiring. Despite this consumer pessimism, the S&P 500 and Nasdaq-100 have seen significant gains this year, highlighting a growing divide between Wall Street and Main Street." datetime: "2026-05-25T20:53:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287551405.md) - [en](https://longbridge.com/en/news/287551405.md) - [zh-HK](https://longbridge.com/zh-HK/news/287551405.md) --- # US consumer sentiment hits record low as teen jobs shrink Historic confidence drop: The University of Michigan index fell to 44.8 in May, the lowest since records began in 1952, driven by inflation and geopolitical instability. Teen jobs at risk: Seasonal teen hiring is expected to hit an 80-year low, with leisure and hospitality sectors cutting back due to high costs. Markets defy mood: Despite consumer gloom, the S&P 500 and Nasdaq-100 have posted double-digit gains this year, widening the Wall Street–Main Street gap. ### Related Stocks - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) ## Related News & Research - [June SSI payments set as inflation fuels higher 2027 COLA forecast](https://longbridge.com/en/news/287492787.md) - [U.S. economy is showing the strain from Iran war as nearly 3-month conflict drags on](https://longbridge.com/en/news/287242352.md) - [Real Money Flows + Fed Pause + Seasonal Timing: The AUD Setup Traders Are Watching!](https://longbridge.com/en/news/287546122.md) - [Why the 2.8% Social Security COLA Is Already Losing Ground to Inflation in 2026](https://longbridge.com/en/news/287426692.md) - [U.S. commercial paper market shrinks in week-Fed](https://longbridge.com/en/news/287254363.md)