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February 6, 2025 at 8:42 AM. ... The unemployment rate is forecast unchanged at 4.1%. ... from which the unemployment rate is derived. In August, it estimated that the level of employment for the ...
By June 2025, the unemployment rate is expected to hit 4.3 percent, and employers are expected to create 115,000 jobs each month, on average, over the next 12 months, down from the previous 12 ...
Nonfarm payroll additions smashed forecasts, while the US unemployment rate unexpectedly fell. The data suggests a slower pace of rate cuts from the Federal Reserve through 2025.
The unemployment rate fell to 4.1% from December's 4.2%. ... Accessed January 14, 2025. Housing Forecast: December 2024, Freddie Mac. Accessed December 31, 2024.
The unemployment rate, which had risen throughout the start of 2024 and been a point of concern among economists and equity strategists, has been at or below 4.2% since July.
Meanwhile, the unemployment rate fell from to 4.1% from 4.2% the month prior. ... Markets are pricing in just one interest rate cut for 2025, per Bloomberg data. Read more: Jobs, ...
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%.
Initial claims for state unemployment benefits dropped 22,000 to a seasonally adjusted 220,000 for the week ended Dec. 14, the Labor Department said. Economists polled by Reuters had forecast ...