US Labor Market Runs Into Trump’s Reality
The US Federal Reserve may soon be forced to confront the consequences of its role in exacerbating economic uncertainty under the Trump administration. The latest jobs report, which showed a 50th consecutive month of net gains, could be the last of its kind for a while due to unwelcome unpredictability from the Trump administration. The future for the US economy doesn't look nearly as bright as the recent past.
- The unpredictable nature of trade policies and executive actions within government agencies may have long-term effects on consumer confidence and business investment, ultimately impacting the overall health of the labor market.
- How will the ongoing economic uncertainty affect the potential candidates in the 2024 presidential election?