US Labor Market decreases what Americans are more concerned about President Donald Trump’s Business Wars They will do to the economy.
They are expected to show that American companies, government agencies and non -profit companies are included in the Labor Sector Employment Stats this Friday 130,000 jobs below February 151,000 last month According to the prostheticator survey conducted by the Factset Data Company. The unemployment rate is expected to rise to 4.2% in March, which was 4.1% in February. These are hiring statistics Small spectacle but not terrible. But the fear is that things can get worse anymore.
Including President Donald Trump’s Business Wars ‘Release Day’ Wednesday’s declared import taxes, threatening to raise prices, disturb and trigger trade Revenge By United States business partners. Confusion is already harmful to consumer and business investment.
Another threat from the president’s promise comes Translate millions of migrants That work illegally in the United States. In recent years, these workers have contributed to relief of labor shortages and continued to grow the economy. If deported or frightened from the labor market, companies may be compelled to reduce their activity or Increase salary and raise pricesFeeding for inflation.
Similarly, federal labor cleanses by the government’s performance department (Doo) Elon threatens to stabilize the labor market of Elon Mask and raise unemployment. Even so, the impact of Musk’s layoffs begins to be noticed. We do not expect to say that “Doj promoted employment cuts are an important stabilizer for assets for assets.” “Statistics are very small to affect the labor market in general,” he said.
Mishra calculates that they were created 185,000 new positions He believes that last month’s work, a number is considerably higher than the consensus of economists, and in January and February, after the usual cold climate, it is hired at rest and hospitality, such as hotels and restaurants.
Strong growth despite the high credit costs
The Labor Market has refrigerated for the days of hiring the living red color of 2021-2023. Entrepreneurs created 151,000 jobs in February and 125,000 in January. It is not bad, but it Below to the monthly stockings Last year, 168,000, 216,000 in 2023, 380,000 in 2022 and 603,000 in 2021, when the economy recovered from the Gov -19 constituencies.
The economy durable significantly High interest rates. In 2022 and 2023, the Federal Reserve fought against its reference interest rate Inflation. Economists expected that the increase in credit costs would take the United States to a recession. But that is not the case. Consumers continued to spend, the merchants continued to hire, and the economy continued to grow. Inflation is low, which allowed the Federal Reserve to reduce the types of three times last year. But the progress against inflation was stagnant, The Federal Reserve is forced to postpone more types of cuts this year.
Now the concern for the health of the economy increases. Michigan University’s Consumer Trust Cell last month revealed that two -thirds of the US consumer They expect to increase unemployment In the next year, the highest reading in 16 years. “The US economy is in good condition at the beginning of the second quarter, but the current trade war has drastically increased the risk of the short -term recession,” Ershang Liang of the PNC economy wrote in a consideration Thursday.
Even so, the ReductionIf it arrives, it may not appear on Friday’s employment statistics. Jefferis’s chief economist Thomas Symons said the March statistics could be raised by seasonal changes and could be reviewed downwards in the coming months. “After we saw additional data and eventually a series of reviews, this period in the labor market It would be more worse than you see now“He announced.
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