ABC News on Nostr: Jobs report expected to show hiring surge ========== Economists predict the U.S. ...
Jobs report expected to show hiring surge
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Economists predict the U.S. added 214,000 jobs in November 2024; October saw a weak addition of only 12,000 jobs, the lowest since December 2020; hiring has remained strong despite inflation and high interest rates; U.S. GDP grew at a 2.8% annualized rate for the three months ending in September; inflation peaked over 9% in June 2022 but has since eased; Federal Reserve expected to cut interest rates by 0.25% on December 18, 2024.
#JobsReport #UsEconomy #Employment #Inflation #FederalReserve #Gdp #InterestRates #LaborMarket #EconomicGrowth #November2024
https://abcnews.go.com/Business/jobs-report-expected-show-hiring-surge/story?id=116481849
==========
Economists predict the U.S. added 214,000 jobs in November 2024; October saw a weak addition of only 12,000 jobs, the lowest since December 2020; hiring has remained strong despite inflation and high interest rates; U.S. GDP grew at a 2.8% annualized rate for the three months ending in September; inflation peaked over 9% in June 2022 but has since eased; Federal Reserve expected to cut interest rates by 0.25% on December 18, 2024.
#JobsReport #UsEconomy #Employment #Inflation #FederalReserve #Gdp #InterestRates #LaborMarket #EconomicGrowth #November2024
https://abcnews.go.com/Business/jobs-report-expected-show-hiring-surge/story?id=116481849