Summary
The U.S. added 256,000 jobs in December, lowering the unemployment rate to 4.1%, outperforming expectations and reflecting a resilient labor market as President Biden leaves office.
Despite earlier inflation overshadowing a strong labor recovery post-COVID, hiring remains steady, layoffs subdued, and job openings rising.
Forecasters predict gradual hiring growth in 2025, with small-business optimism and easing Federal Reserve policies driving gains.
Economic indicators, like increased consumer borrowing for auto purchases, suggest mixed but improving confidence.
The oligarch are just going to raise prices. The farmer is going to get boned. I expect that to take a bit though, he’s vengeful he’s going to start with blue states and cities first. So life gets worse for Dem areas first then Dems can be blamed for it as the effects spread to Red areas. Not any different from the Covid response.
That will absolutely be their first course of action. The problem with it being. They are near pricing themselves out of the market on many things as is. Quite a lot of inflation has been because of Market control and collusion. Not actual increase in costs. Consumers are struggling currently. Pushing at any harder very likely could cause collapse. Not that many oligarchs won’t. They’re that out of touch.