ABC News on Nostr: Solid growth expected in last jobs report before Trump presidency ========== A jobs ...
Solid growth expected in last jobs report before Trump presidency
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A jobs report is set to be released on January 12, 2025, predicting the addition of 155,000 jobs in December, down from 227,000 in November; the unemployment rate is at 4.2%, near a 50-year low; inflation peaked at over 9% in June 2022 but has since slowed; the Federal Reserve's interest rate is between 4.25% and 4.5%; Fed Chair Jerome Powell indicated a cautious approach to future rate cuts due to uncertainty surrounding Trump's proposed tariffs of 60%-100% on Chinese goods and 10%-20% on imports from other trading partners; the economic outlook for 2025 remains strong despite challenges.
#JobsReport #TrumpPresidency #FederalReserve #Inflation #EconomicGrowth #Employment #InterestRates #Tariffs #2025Outlook #LaborMarket
https://abcnews.go.com/US/solid-growth-expected-jobs-report-trump-presidency/story?id=117507167
==========
A jobs report is set to be released on January 12, 2025, predicting the addition of 155,000 jobs in December, down from 227,000 in November; the unemployment rate is at 4.2%, near a 50-year low; inflation peaked at over 9% in June 2022 but has since slowed; the Federal Reserve's interest rate is between 4.25% and 4.5%; Fed Chair Jerome Powell indicated a cautious approach to future rate cuts due to uncertainty surrounding Trump's proposed tariffs of 60%-100% on Chinese goods and 10%-20% on imports from other trading partners; the economic outlook for 2025 remains strong despite challenges.
#JobsReport #TrumpPresidency #FederalReserve #Inflation #EconomicGrowth #Employment #InterestRates #Tariffs #2025Outlook #LaborMarket
https://abcnews.go.com/US/solid-growth-expected-jobs-report-trump-presidency/story?id=117507167