US Consumer Confidence Hits Six-Month High Despite Growing Labor Market Concerns

The Conference Board's latest report shows increased optimism about economic conditions, but rising unemployment and job market anxieties persist.

Consumer confidence index rose to 103.3 in August, the highest since February.
Optimism about business conditions over the next six months has improved.
Unemployment rate climbed to 4.3%, the highest in nearly three years.
Consumers' inflation expectations for the next year dropped to 4.9%.
Federal Reserve signals potential interest rate cuts in response to labor market trends.