Job Security Fears Drive More U.S. Workers To Delay Or Cancel Major Purchases – NMP Skip to main content

Job Security Fears Drive More U.S. Workers To Delay Or Cancel Major Purchases

Apr 17, 2026
Job Security Fears Drive Workers To Delay
Associate Editor

Only 55% of workers said they have an emergency fund to cover monthly rent or mortgage payments in a financial crisis

KEY TAKEAWAYS
  • 32% of workers are more concerned about their job security than six months ago
  • Nearly 20% of workers have recently missed rent, mortgage payment, or paid late
  • 7% of workers are canceling major purchase plans and 30% are delaying them

More than one in three American workers are delaying or canceling a major purchase, such as a home or car, because of concerns about job security, according to a new survey from Redfin, the real estate brokerage powered by Rocket.

The survey, conducted by Ipsos between March 9–10, 2026, polled 1,005 U.S. residents, including 452 full-time and 112 part-time workers. It carries a credibility interval of plus or minus 5.1 percentage points for the combined group of workers.

Of those surveyed, 7% said they are canceling plans to make a major purchase due to job security concerns, while 30% are delaying such plans. On the other hand, 16% said they have already made a major purchase sooner than expected because of those concerns, and another 17% plan to do so. Another 36% said their feelings about job security have no impact on their major purchase timeline.

The share of workers delaying or canceling purchases has eased since August 2025, when 42% reported doing so — six percentage points higher than today. The share who had made or planned to make purchases sooner than expected (29% in August) and the share reporting no changes (32%) are largely unchanged.

Redfin Uncertainty Jobs

Most Workers Remain Confident In Their Jobs

Roughly 69% of workers said they are somewhat or very confident about their job security, compared with 66% last August. Another 27% said they are somewhat or very concerned.

Still, 32% of workers are more concerned about their job security than they were six months ago, while 18% are more confident. In August 2025, 37% said they were more concerned than six months prior, and 21% said they were more confident.

Company Performance, AI Top The List Of Concerns

Among workers who are concerned about their job security, 29% cited their company's performance as the primary reason, nearly matching the 32% who said the same in August 2025. The impact of artificial intelligence was the next most-cited reason at 18%, followed by government restructuring efforts at 14% and personal performance at 12%.

Housing Payments Under Pressure

Seven percent of workers said they have missed a rent or mortgage payment entirely in the past three months, and 10% said they have been late on a housing payment.

Those figures are significantly higher among workers concerned about their job security, 28% of whom have missed or been late on a recent housing payment. Among workers confident in their job security, 70% have made all recent housing payments on time.

Looking ahead, 15% of workers said they are very or somewhat likely to be late on their mortgage or rent in the next three months, and 13% said they are very or somewhat likely to miss a housing payment entirely.

A slim majority of workers — 55% — said they have an emergency fund to cover monthly rent or mortgage payments in a financial crisis, while 34% do not. Among workers with such a fund, one in five said it covers six months of payments, while 16% said it covers three months.

Bottom Line

For loan officers, the data cuts two ways. A meaningful slice of workers is pulling back from major purchases, which could soften near-term home purchase pipelines — particularly among buyers sensitive to employment risk in AI-exposed industries or companies undergoing restructuring. At the same time, 31% of workers are accelerating purchases or plan to, suggesting a segment of motivated buyers moving now rather than waiting out uncertainty.

The delinquency signals may warrant closer attention. With 17% of workers recently missing or paying late on housing obligations and 28% among those worried about their jobs, loan officers may want to lean harder into early borrower outreach, refinance conversations where rate and equity allow, and hardship-assistance education.

The one-third of workers without a housing emergency fund is a reminder that financial fragility remains widespread, even as headline confidence holds steady.

About the author
Associate Editor
Katie Jensen is a mortgage news reporter at NMP.
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