What To Expect From Friday’s Jobs Report
Key points
- The US employment may increase by 150,000 jobs in January, and the continuous record of continuing work was continued to January 2021.
- Although the recruitment has slowed down since its popularity in 2022, the employment market has remained tough and employers have avoided layoffs.
- The trajectory of the employment market may depend on President Donald Trump’s economic policy, and tariffs may grow further.
Employers in the United States may slow down their employment in January, but if the forecasters are correct, they will still increase their work at a healthy speed.
According to Wells Fargo, a report from the Labor Statistics Bureau on Friday may show that the economy increased by 150,000 jobs in January, which is Bloomberg Fargo A survey of economists reported a survey of economists based on Wells Fargo. Since December 2020, the economy has increased every month.
If the report is matched with expectations, even if the Fed’s high interest rate (aims to slow down the inflation of economy and animal fences), so far, it will highlight the elasticity of the labor market for several years. Although interest rates have been mortgaged and other loans for decades for decades for decades, there are still few layoffs, and consumers continue to increase expenditure.
According to the Ministry of Labor, only 207,000 people proposed unemployment claims last week. This number is similar to a large community level and does not indicate that there is any serious weakness in the labor market. Nevertheless, since 2022, employers have shrunk to a large extent, making the labor market feel uneasy. “Low recruitment, low shooting“Some economists see it as the dilemma of increasing the potential pioneers of layoffs.
What does Trump have to do with it?
For example, the economist of macroeconomics in the Temple of Wandian predicts that as the high interest rate continues to bite, the government of Donald Trump will increase the unemployment rate throughout the year, and Donald Trump (Donald Trump) will be increased. The government has retracted the scale of the federal government, and the federal government hires 2 % of all workers in the country.
A throughout the employment picture is Trump’s economic policy. Trump has promised Tariff Regarding foreign trade, this may trigger a trade war and damage employment. However, the forecask is not sure how large this blow will be, because Trump has not announced the scope, scale or duration of its planned tariff range.