Reported 2 days ago
The U.S. labor market is projected to show steady job growth, with the unemployment rate remaining at 4.0% in February, despite uncertainties surrounding trade policies and significant federal spending cuts. While nonfarm payrolls are anticipated to increase by around 160,000 jobs, the persistently shaky business environment and lack of consumer confidence could hinder future growth. Additionally, government funding freezes may impact employment figures, particularly in the federal sector. Overall, while there are positive signs in wage growth, economic forecasts remain cautious due to the effects of recent tariffs and trade disruptions.
Source: YAHOO