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Here are a few predictions about 2025 salaries and unemployment based on whether Biden or Trump is the next President of the United States: Economic Predictions for 2025 Under Joe Biden
We look for only a mild downshift in growth in 2025 to 2%, with a small additional rise in the unemployment rate to 4.5%. Core PCE inflation expected to decelerate a half-point next year to 2.3%.
A fresh reading from the University of Michigan showed consumers' year-ahead inflation expectations jumped to 3.3% in January from 2.8% the month prior. Meanwhile, long-run inflation expectations ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation—for example for GDP, inflation, unemployment or the fiscal deficit—or at a more disaggregated level, for specific sectors of the economy or even specific firms. Economic forecasting is a measure to find ...
The university's economists foresee momentum from potential tax cuts as canceling out some of the potential drag on the economy from tariffs.
In April 2008, metropolitan Detroit's unemployment rate was 6.9 percent; in November 2012, it was 7.9 percent. [2] [14] Economic issues include the city of Detroit's unemployment rate at 15.8 percent in April 2012. [2] The suburbs typically have low unemployment. The metropolitan economy began an economic recovery in 2010. [15]