Bloomberg: US faces rising unemployment

27.09.2024 18:26

The foreign news agency Bloomberg predicted an increase in unemployment in the United States.

As the publication points out, in 2025 the inflation rate in the United States will reach the level set by the Federal Reserve.

Bloomberg , in particular, writes: “Inflation will average two percent.”

According to the newspaper, it refers to experts in the field of economics in its calculations and forecasts.

Critical situation

As for the unemployment rate, the publication believes that it will grow and will be equal to 4.4 percent in 2025.

unemployment
Photo: © TUT NEWS

It is reported that in August of this year the unemployment rate was 4.2 percent.

Bloomberg also reports: “The probability of a recession has been reduced from 31.5 percent to 30 percent, and GDP in the coming year will approach 1.8 percent.”

According to data provided by the US Department of Labor, consumer prices in the country rose by 2.5 percent in the final figures for the past summer.

Margarita Sadkovskaya Author: Margarita Sadkovskaya Editor of Internet resources