Job Market's Calm Before Storm: Unemployment Rise Predicted
Update: 2025-11-11
Description
On November eleventh, the job market remains stable despite lack of official data, but economists worry about unemployment by 2026. Stock markets surge on optimism, with S&P 500, Dow Jones, and Nasdaq all up significantly. However, RSM and Goldman Sachs economists predict labor shedding due to AI investment, potentially leading to a low-hire, more-fire year in 2026. They warn the Federal Reserves tools may not prevent this slowdown.
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